ESAF Small Finance Bank Partners with Edelweiss Tokio Life Insurance.

Banking & Finance | Dated: 03 Feb 2026

ESAF Small Finance Bank has entered into a bancassurance partnership with Edelweiss Tokio Life Insurance. Under this partnership, ESAF Bank will offer Edelweiss Tokio's life insurance products to its customer base, particularly in rural and unbanked areas, thereby increasing insurance penetration.

🎯 Key Highlights:

  • Bancassurance is an arrangement where banks sell products of insurance companies.
  • ESAF Bank focuses on financial inclusion.
  • The aim is to provide diverse financial solutions under one roof.

💡 Other Important Facts:

  • Partnership: Bancassurance.
  • Bank: ESAF SFB.
  • Insurer: Edelweiss Tokio.

📚 Test Your Knowledge:

ESAF Small Finance Bank recently signed a bancassurance pact with which life insurance company?

Correct Answer: Edelweiss Tokio Life

🚀 Quick Recap:

About ESAF SFB

  • MD & CEO – K. Paul Thomas
  • HQ – Thrissur, Kerala