United Bank of India has signed a bancassurance deal with HDFC Life Insurance Company. With this partnership, the Bank’s customers will be able to take advantage of HDFC Life’s expertise in life insurance products, distribution and customer service.
United Bank of India is one of the 14 major banks, which were nationalized on July 19, 1969. After nationalization, the Bank expanded its branch network in a big way and actively participated in the developmental activities, particularly in the rural and semi-urban areas in conformity with the objectives of nationalization.
