Sun Nepal Life Insurance takes Janata Bank onboard as sales partner for its insurance policies

Janata Bank and Sun Nepal Life Insurance have entered into bancassurance deal following which the commercial bank will be facilitating the sales of the insurance policies and services of the insurance company through its branches.

The agreement for the same was signed between CEO of the insurance company Mr. Raj Kumar Aryal and CEO of the bank Mr. Parshuram Kunwar Chhettri amid a program. the newly established insurance company has reaffirmed to issue the IPO shares worth of Rs 60 crore to general public in near future to meet the paid up capital requirement.