Federal Bank has launched new Life Insurance products. This product caters to domestic market. The bank has launched new product on July 5, 2024. Furthermore, the bank has entered into a strategic Bancassurance partnership with Bajaj Allianz Life Insurance. With this collaboration, it now has a total of 10 insurance partners. This strategic alliance aims to provide Federal Bank's customers access to Bajaj Allianz Life insurance company’s product suite.
Federal Bank is a major Indian commercial bank in the private sector headquartered at Aluva, Kerala having more than thousand branches and ATMs spread across different States in India. It offers personal, corporate, NRI, SME banking, online banking services to its customers.
