Prabhu Bank signs pact with Rastriya Beema to offer ‘Bancassurance’

Fri, Feb 6, 2015 12:00 AM on Others,

ShareSansar, February 6:

Prabhu Bank Ltd has signed an agreement with Rastriya Beema Sansthan (RBS) to offer ´bancassurance´ service to its customers. Prabhu Bank Limited has more than 6.5 lakhs customer base.

Prabhu Bank´s CEO Ashok Sherchan and Rastriya Beema Sansthan Chief Administrator Ashwini Kumar Thakur signed an agreement to this effect at a function on Thursday.

 Following the agreement, clients of Prabhu Bank Ltd can buy life insurance policy and pay premium from any branches of the bank.