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Why RBL- BALIC
RBL Bank and Bajaj Allianz Life Insurance have entered into a
strategic bancassurance agreement to offer customized life
insurance solutions to RBL Bank’s customers.
Under the bancassurance tie-up, Bajaj Allianz Life offers its retail
products including term plans, savings, retirement and investment
products to the bank’s customers.
RBL Bank has a network of 1617 touch points which includes 372
branches and 1245 BC (business correspondents) branches spread
across 28 states.
Bajaj Allianz Life is a joint venture between Bajaj Finserv Limited and
Allianz SE and has a network of 582 branches and 80,000 + agents.