Jyoti Bikas Bank and Nepal Insurance Company sign bancassurance agreement; 97 branches of national level development bank to provide mileage towards insurance business

Jyoti Bikas Bank Ltd has entered into an agreement with Nepal Insurance Company Limited as its agent to sell Insurance policies. The Agreement was signed by CEO of insurance company Mr.  Bijay Bahadur Shah and CEO of the development bank Mr. Manoj Kumar Gyawali amid a program.

Following the Agreement, Customers can now avail non-life insurance policies and hassle-free Bancassurance services of Nepal Insurance through Jyoti Bikas Bank Limited’s all 97 branches spread across the country in a convenient manner, as per the media statement.

The development bank currently provides services to more than 2.48 lakh customers from its 97 branches, 28 ATM outlets and 2 extension counters all over the nation.