AU Bank Partnership with ICCI, Offering Life Insurance Solutions

Today we will be sharing a piece of great news or can solution for the people interested in an insurance policy. AU Small Finance Bank, on Monday, proclaimed a partnership with ICICI Prudential Life Insurance Company to give life insurance policy solutions. Read till the end to know every small and major detail about this collation and benefits.

AU Small Finance Bank aforesaid the connection aims to reveal “paperless, procure, and hassle-free life insurance” to across 1.8 million customers through with digital platforms over 700 banking touchpoints in 13 states and two Union territories.

 Life Insurance

AU Small Finance Bank has evermore worked with the center Dharma of ‘customer-centricity’. Expanding their corsage of fiscal services and guest estimate proposal, they valued to accomplice with an extra life insurance collaborator to join estimate to their existent array of products & services trance serving their customers to view facing meliorate financial protection, above-mentioned Uttam Tibrewal, Executive Director of AU Small Finance Bank.

Soon afterward the trumpeting, shares of AU Bank roseate 0.50% to Rs 860.25 trance ICICI Prudential Life Insurance Company reduce 0.93% to Rs 496.20.AU Small Finance Bank is a scheduled commercial-grade bank. As of September 2020, it has accomplished operations over around 700 banking touchpoints helping 18 lakh+ customers in 12 States & two Union Territories with a power base of 16,700+ employees. ICICI Prudential Life Insurance is promoted by ICICI Bank and Prudential Corporation Holdings. The escort offers a gear of products inwards the safeguard and savings class.

Read More: Want To Use The Doorstep Banking Facilities Of SBI, GNP, BOB, UBI?

ICICI Prudential’s Assets Under Management has crossed Rs 2 Lakh Crore:

 Life Insurance

Mr. Amit Palta, Chief Distribution Officer, ICICI Prudential Life Insurance, above-mentioned that they are happy to co-operate with AU Small Finance Bank, matchless of the approximately certain small finance banks in the country. The consolidation of digital platforms will determine a serene, rapid, and well-nigh paperless onboarding implement to customers.

They bear this reciprocally suitable partnership bequeath enable AU Small Finance Bank to give an all-round corsage of fiscal savings and danger moderation solutions to their customers. At the like time, it bequeaths enable them to furthermore tone up our multi-channel management web inwards the semi-urban and rural geographies of the region. Tiny finance banks exercise a polar character in enhancing fiscal comprehension and sharpness of life insurance policy.

AU Small Finance Bank which has its customers over states like Rajasthan, Madhya Pradesh, Gujarat, Maharashtra, Punjab, Haryana, Chhattisgarh, Delhi NCR, Himachal Pradesh, Uttar Pradesh, Karnataka, Goa, West Bengal, and the Union Territories of Chandigarh and J&K bequeath follow able to supply fiscal shelter to their families by the construction of an all-round fiscal understanding.

Earlier, ICICI Prudential Life Insurance Company above-mentioned on December 11, 2020, that its Assets Under Management (AUM) have crossed Rs 2 lakh crore as it entered its 20th year. As of September 2020, its add up amount assured stood at Rs 18.06 lakh crore.

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