The Bardoli Nagrik Sahkari Bank Ltd and SBI Life Insurance ink bancassurance pact; to provide comprehensive insurance solutions for residents of Gujarat.
The Bardoli Nagrik Sahkari Bank Ltd, popularly known as high tech bank and banking supermarket of south Gujarat, has joined hands with SBI Life Insurance, one of the most trusted private life insurers in the country, under a bancassurance pact. The tie-up will benefit the residents of Gujarat who will have access to SBI Life’s comprehensive range of insurance solutions, to financially safeguard their loved ones.
The bancassurance tie-up will enable both new and existing customers of the bank to choose from SBI Life’s varied range of protection, wealth creation, credit life, annuity and savings products.
Mr. Mahesh Kumar Sharma, MD and CEO, SBI Life Insurance graced the occasion alongside Mr. Minesh Modi, General Manager, The Bardoli Nagrik Sahkari Bank Ltd in presence of Mr. M Anand, President – Zone 1, SBI Life, Mr. Amitkumar Saha, Regional Director- Ahemdabad, SBI Life and Mr. Sanket Christie, Regional Manager – Institutional Alliance, SBI Life.
Speaking on the partnership, Mr. Minesh Modi, General Manager, The Bardoli Nagrik Sahkari Bank Ltd, said, “We are proud to announce our association with SBI Life Insurance, a leading indigenous life insurer of the country. This collaboration will definitely help our customer’s in addressing their growing insurance needs and assist us in scaling up to meet the expectations of our customers. This partnership with SBI Life Insurance will benefit our customers who will get access to a bouquet of insurance products easily accessible across all our branches.”
Mr. M Anand, President – Zone 1, SBI Life Insurance said, “We are delighted to partner with The Bardoli Nagrik Sahkari Bank Ltd and fortify our presence in the state of Gujarat. It is our endeavor to make insurance solutions accessible to a larger section of the population and our association with the bank is a humble step towards making insurance accessibility a reality for people in the region. We continuously strive to provide need-based life insurance solutions that will further help consumers strengthen their financial immunity and safeguard their families in case of any unforeseen eventualities. We believe that our range of protection, wealth creation, credit life, annuity and savings products will complement the bank’s existing offerings and empower customers to build a robust financial future.”
To address the growing insurance needs of the customers in the state, SBI Life Insurance also joined hands with The Varachha Co-Operative Bank & Surat National Co-Operative Bank to provide its bouquet of insurance products to bank’s customers.