Mangalore, July 31: Vijaya Bank entered into a corporate agency arrangement with Life Insurance Corporation (LIC) of India for the distribution of LIC's products. Bank regional head M Sudhakar Shetty said the corporate agency agreement with LIC offers immense scope to enhance value addition to the customers.
With more than 8 million customers spread across the nation, the bank will have enormous scope for catering to the varied life insurance requirements of customers, he said, adding that the initial response has been encouraging with a large number of customers evincing interest in various LIC products being distributed by the bank.
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