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Private Sector Bank
Partnership30 Sept 2025, 12:44 pm

RBL Bank and LIC announce strategic bancassurance tie-up

AI Summary

RBL Bank, one of India's leading private sector banks, has entered into a bancassurance partnership with Life Insurance Corporation of India (LIC), the country’s largest life insurer. This collaboration will enable RBL Bank customers to access LIC’s comprehensive range of life insurance products through the Bank’s extensive branch network and digital channels, covering term plans, endowment policies, pension and unit-linked insurance plans. The partnership aims to expand financial protection, strengthen insurance penetration across India, and promote financial inclusion.

Key Highlights

  • RBL Bank and LIC enter into a bancassurance partnership
  • Partnership aims to expand financial protection and strengthen insurance penetration
  • RBL Bank customers to access LIC’s comprehensive range of life insurance products
  • Collaboration covers term plans, endowment policies, pension and unit-linked insurance plans
  • Partnership to promote financial inclusion and deliver best insurance solutions across India
RBLBANK
Private Sector Bank
RBL Bank Ltd

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