Union Bank of India has entered into a corporate agency agreement with Bajaj Allianz General Insurance and Cholamandalam MS General Insurance for distribution of their insurance products.
The public sector bank already has a corporate agency agreement with The New India Assurance. The partnerships will bring the best of non-life insurance products to the bank’s customers.
Union Bank of India is one of the largest government-owned banks of India. The Bank offers products and services in three categories - Deposits, Loans and Advances, and Remittances & Collections. Its segments include treasury operations, corporate & wholesale banking, retail banking and other banking operations.
