Mumbai : Kotak Mahindra Life Insurance Company Ltd (“Kotak Life”) today announced its corporate agency partnership with Jana Small Finance Bank. The partnership will benefit 52 lakh customers of Jana Small Finance Bank by offering a wide range of tailor-made life insurance solutions provided by Kotak Life through the Bank’s 781 banking outlets spread across 22 States and 2 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.”