Karur Vysya Bank Ltd. (KVB) has entered right into a pact with SBI Life Insurance to market the latter’s insurance schemes by its branches.
KVB is a significant participant within the South with robust presence in city, semi-urban and rural areas. SBI Life Insurance would leverage the strengths of the financial institution to market its schemes, the personal sector lender mentioned in an announcement.
“KVB offers the entire range of financial services through tie ups with leading service providers. In an attempt to offer a wider choice to its customers in the life insurance sphere, KVB has inked an agreement with SBI Life,” mentioned B. Ramesh Babu, MD & CEO of the financial institution.
“We look forward to strengthening the financial immunity of KVB’s customers with our value-packed life insurance solutions and tech-enabled services,” mentioned Mahesh Kumar Sharma, MD & CEO, SBI Life Insurance.