Bancassurance deal between Siddhartha Bank and Reliance Life Insurance; insurance services through banks’ 100+ banking network
Siddhartha Bank has signed an agreement of Bancassurance with Reliance Life Insurance on Chaitra 23, 2074. The agreement was signed by deputy CEO of the bank Mr. Rameshwor Prashad Basyal and CEO of the life insurance Mr. Prabin Raman Parajuli amidst a special function.
Following the agreement, the customers of the commercial bank can now avail all the insurance products and facilities of the life insurance from all 100 branches of the bank.
SBL is currently providing banking facilities through its 100 branches, 99 branchless banking locations, 3 extension counters, 108 ATM outlets and 687 pos machines throughout the country.
The bank has deposit collection figure of Rs 87.57 arba while credit disbursement of Rs 79.29 arba.
Following the agreement, the customers of the commercial bank can now avail all the insurance products and facilities of the life insurance from all 100 branches of the bank.
SBL is currently providing banking facilities through its 100 branches, 99 branchless banking locations, 3 extension counters, 108 ATM outlets and 687 pos machines throughout the country.
The bank has deposit collection figure of Rs 87.57 arba while credit disbursement of Rs 79.29 arba.
