Shangrila Development Bank and Mahalaxmi Life Insurance sign bancassurance agreement; to facilitate in sales of insurance policies from its 86 branches

Shangrila Development Bank Ltd has entered into an agreement with Mahalaxmi Life Insurance Company Limited as its agent to sell Insurance policies. The Agreement was signed by Chief Executive Officer of Development Bank Mr. Suyog Shrestha and his counterpart in Mahalaxmi Insurance, Mr. Ramesh Kumar Bhattarai.

Following the Agreement, Customers can now avail insurance policies and hassle-free bancassurance services through Shangrila Bank all 86 branches spread across the country in a convenient manner, as per the media statement.