Bajaj Allianz Life inks ‘Bancassurance pact’ with Rushikulya Gramya Bank
Rushikulya Gramya Bank (RGB), a premier Regional Rural Bank (RRB) of Orissa operating in Ganjam and Gajapati districts, has joined hands with Bajaj Allianz Life Insurance, India’s leading private life insurance company to provide life insurance solutions through its branches.
Under the arrangement, Rushikulya Gramya Bank will offer insurance products through its distribution network of over 79 branches, spread over in two districts.
Bajaj Allianz Life Insurance Co. Ltd. is a joint venture between two leading conglomerates- Allianz AG, one of the world's largest insurance companies, and Bajaj Auto, one of the biggest two and three wheeler manufacturers in the world.
The insurance firm possesses the strongest distribution network in the country with its 1200 owned branches across more than 950 towns and rapidly extending Bancassurance partnerships.