AU Small Finance Bank enters into partnership with ICICI Prudential Life Insurance

29 Dec 2020 Evaluate

AU Small Finance Bank has entered into partnership with ICICI Prudential Life Insurance, one of the top Private Life Insurance companies to offer customized, need and goal-based Life Insurance solution.

AU Bank is rapidly expanding its distribution footprints across India and this tie-up between the two leading companies will further enrich its life insurance offering with an agile, accelerated, digital and paperless platform offered by ICICI Prudential Life. Through this corporate agency arrangement, over 18 lakh customers of AU Bank across over 700 banking touchpoints in 13 states and 2 Union territories, will have an easy access to the entire suite of customer-centric protection and long-term savings products of ICICI Prudential Life. These products will enable customers to provide financial security to themselves and their families and help them achieve their financial goals.

AU Small Finance Bank is a small finance bank (SFB) that has recently transitioned from a prominent, retail focused nonbanking finance company (NBFC), which primarily served low and middle-income individuals and businesses that have limited or no access to formal banking and finance channels.

AU Small Fin. Bank Share Price

590.40 -1.10 (-0.19%)
27-Nov-2024 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 1811.00
ICICI Bank 1301.85
Axis Bank 1150.30
Kotak Mahindra Bank 1782.40
Indusind Bank 1002.15
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