Indian Bank has entered into a bancassurance partnership with SBI Life Insurance to offer a wide range of life insurance products to its customers across more than 2,850 branches nationwide.
The agreement was signed in the presence of Padmaja Chunduru, MD & CEO of Indian Bank, and Sanjeev Nautiyal, MD & CEO of SBI Life Insurance. Under the partnership, customers will gain access to insurance solutions covering protection, savings, health, and credit life needs.
The collaboration combines Indian Bank’s extensive branch network with SBI Life’s diverse product portfolio, aiming to enhance insurance accessibility and provide comprehensive financial planning solutions to customers across India.