LIC Partners with Saraswat Cooperative Bank to Increase the life Insurance

LIC Partners with Saraswat Cooperative Bank to Increase the life Insurance: Life Insurance Corporation of India in its effort to increase the penetration of life insurance through Bancassurance channel has recently tied-up with Saraswat Cooperative Bank Ltd., a scheduled bank headquartered at Mumbai. The Bank has a vast network of 294 Branches as at March 31, 2023 spread over 6 states and is catering to over 2 million customers. It has also got a distinction of being India’s largest Urban Cooperative Bank.

Daily Current Affairs Quiz: August 2023

Saraswat Cooperative Bank is the  India’s largest Urban Cooperative Bank. Citizens in general and customers of Saraswat Bank, in particular, will now have the opportunity to fulfill their life insurance protection needs through the Bank itself by purchasing insurance products LIC.