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Aditya Birla Capital’s arm inks Bancassurance Partnership with Bharat Co-operative Bank (Mumbai)

09 Mar 2022 Evaluate

Aditya Birla Sun Life Insurance (ABSLI), the life insurance subsidiary of Aditya Birla Capital (ABCL), and Bharat Co-operative Bank (Mumbai) have inked their bancassurance partnership. This collaboration facilitates a common platform to reach out to the bank’s five lac plus customers with relevant life insurance solutions.

This partnership enables ABSLI to directly reach out to these customers through Bharat Co-operative Bank’s (Mumbai) 103 branches and fulfil their life insurance and investment planning needs. This will further strengthen ABSLI’s extensive distribution reach across the urban and semi-urban areas of Maharashtra, Karnataka, and Gujarat.

Aditya Birla Capital is one of the largest financial services players in India.

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