Karur Vysya Bank and HDFC Life have entered into a corporate agency agreement to offer life insurance products to their respective customers. This corporate agency arrangement would enable customers of Karur Vysya Bank to avail HDFC Life’s wide range of life insurance products which include solutions for protection, savings and investment, retirement and critical illness.
Karur Vysya Bank is among six old generation private sector banks that have been identified by the Reserve Bank of India (RBI) to implement Speed Clearing at Mumbai.