Jammu and Kashmir Bank (J&K Bank) has signed a corporate agency agreement with Life Insurance Corporation of India (LIC).
Banking & Finance
Jammu and Kashmir Bank (J&K Bank) has signed a corporate agency agreement with Life Insurance Corporation of India (LIC). The bank will service and solicit LIC’s life insurance products through its branch network. The agreement shall be operational/effective from April 1, 2023. As at December-end 2023, J&K Bank had 989 branches across the country. Of this, 83 percent of the branches were in the union territory of Jammu and Kashmir.
The agreement shall be operational/effective from April 1, 2023.
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