Kotak Mahindra Life Insurance Company Ltd. unveiled a corporate agency collaboration with Jana Small Finance Bank today. The agreement will benefit 52 lahks Jana Small Finance Bank customers by providing a comprehensive choice of tailor-made life insurance options from Kotak Life through the Bank’s 781 banking facilities distributed across 22 states and two union territories.
Mahesh Balasubramanian, MD, Kotak Mahindra Life Insurance Company Limited, said, “At Kotak Life, we firmly believe that life insurance is a necessity for every Indian. We are committed to the vision of ‘Insurance for All,’ as outlined by the IRDAI. By leveraging on Jana Small Finance Bank’s customer reach and our expertise in life insurance, we can now offer life insurance solutions and provide financial security to Jana Small Finance Bank’s customers.”
Ajay Kanwal, MD & CEO, Jana Small Finance Bank said, “We, at Jana Small Finance Bank, are committed to offering holistic financial solutions to our customers. The strategic collaboration with Kotak Life is a significant step in this commitment to our customers.”
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