Jyoti Bikas Bank and Union Life Insurance under Bancassurance deal; 50 banking wings to facilitate life insurance policies

Jyoti Bikas Bank Limited and Union Life Insurancehas signed an agreement of bancassurance on Baisakh 07, 2075 with an aim to promote and sell the different life insurance policies through all the branch network of the bank. Issuing the press statement, it has been informed that the agreement deal was signed by Acting CEO of the development bank Mr. Manoj Gyawali and Senior Manager of the Insurance company Mr. Kapil Kumar Dhakal.

Following the agreement, more than 1.5 lakh customers of the development bank can avail all the life insurance services of the insurance company through 50 branches and 14 extension counters of the development bank which is also mulling to bring into operation 10 more branches in near future.