RBL Bank, Bajaj Allianz Life Insurance announce strategic tie-up

Private sector bank RBL Bank and Bajaj Allianz Life have entered into a strategic partnership to offer customised life insurance solutions to the bank's customers.

Under this partnership, Bajaj Allianz Life will make available all its retail products to the bank's customers including term, savings, retirement and investment products to enable them achieve their life goals. The corporate agency agreement was signed between both the organisations in Mumbai on Wednesday.

Through this partnership, RBL Bank will expand its financial services portfolio to offer Bajaj Allianz Life's value-packed life insurance solutions to its customers. Bajaj Allianz Life through its new-age life insurance solutions will empower the bank's new and existing customers to avail the living benefits of the life insurance.

RBL Bank's customers can choose from different insurance plan based on their requirements from any of the bank's 1,617 offices (372 Branches & 1,245 BC branches).

Source: Investment Guru India