Prabhu Life inks deal with Muktinath Bikas Bank; the development bank to facilitate insurance business of the new insurance player

Prabhu Life Insurance and Muktinath Bikas Bank has signed an agreement of bancassurance on jestha 24, 2075. The agreement was signed between CEO of the life insurance Mr. Kishor Prashad Lamichhane and CEO of the development bank Mr. Pradyuman Pokharel amid a program. following the agreement, the customers of the development bank can avail all the services and policies of the insurance company from all its branches.

Prabhu Life currently has its branches at all the major cities and towns of the country and is mulling to expand its network in near future. the company which has a promoter’s paid up capital worth of Rs 1.4 arba is also mulling to issue Rs 60 crore worth of shares to general public in near future.