Bajaj Allianz Life appoints Janakalyan Sahakari Bank as distributor
By Our Banking Bureau Bureau | 15 Apr 2005
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Chennai: In a strategic move to build stronger presence in and around Maharashtra, Bajaj Allianz Life Insurance Company Limited has tied up with the Mumbai-based Janakalyan Sahakari Bank Ltd, to distribute its life insurance policies.
As per the arrangement, Jankalyan Sahakari Bank will distribute Bajaj Allianz's life insurance products through its 25 branches.
Janakalyan Sahakari Bank Ltd. is ranked amongst the top 10 urban co-operative banks in India. The bank has a total business (deposits plus advances) of over Rs 2,000 crore and a customer base of half-a-million.
As per the arrangement, Jankalyan Sahakari Bank will distribute Bajaj Allianz's life insurance products through its 25 branches.
Janakalyan Sahakari Bank Ltd. is ranked amongst the top 10 urban co-operative banks in India. The bank has a total business (deposits plus advances) of over Rs 2,000 crore and a customer base of half-a-million.
