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LIC partnered with IDFC First Bank for bancassurance
The tie-up would facilitate more than 1 crore customers of IDFC First Bank to buy LIC policies online by visiting the bank’s website, India’s largest life insurer said in a statement.
![LIC partnered with IDFC First Bank for bancassurance](https://www.psuconnect.in/sdsdsd/lic14.jpg)
Life Insurance Corporation of India (LIC) has inked a tie-up with IDFC First Bank Ltd under a corporate agency arrangement.
The tie-up would facilitate more than 1 crore customers of IDFC First Bank to buy LIC policies online by visiting the bank’s website, India’s largest life insurer said in a statement.
The Corporation said, “It would be a great experience for the bank customers to have end-to-end solutions for their varied life insurance needs, referring to more than 95 percent of the bank’s transactions happening online.
Read Also : R.K. Chaudhary, CMD, NHPC met Chowna Mein, Hon’ble Dy. CM, Arunachal PradeshR Doraiswamy, Managing Director, LIC, said, the coming together of the two financial entities will provide IDFC First Bank’s customers with the wide choice of LIC’s products.
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