Jammu & Kashmir Bank has signed Corporate Agency Agreement with Life Insurance Corporation of India (LIC) on March 14, 2023 for servicing and soliciting of their life insurance products through its branch network. The said agreement shall be operational/effective from April 1, 2023.
Earlier, the Bank had signed a memorandum of understanding (MoU) with the Administration of Ladakh union territory, conferring preferential status to each other.
Jammu & Kashmir Bank is engaged in the banking business. The company offers a range of products and services, such as loans, insurance, tax products/planning, savings and deposits, cards, mutual funds and non-resident banking.
