Dhanlaxmi Bank, a private sector bank has entered into a tie-up with Bajaj Allianz Life Insurance to become a corporate agent of the insurer. As part of the agreement, the bank will continue to be a corporate agent for nine years and sell life insurance products of Bajaj Allianz Life Insurance. The bank has been partner of Bajaj Allianz Life Insurance since 2009 and has done business worth nearly Rs 400 crore.
Dhanlaxmi Bank provides a suite of banking products and services to its customers across Retail Banking, Wholesale Banking, Microfinance and Agricultural Lending and Small and Medium Enterprises Group.