Saraswat Co-operative Bank, India’s largest urban co-operative bank, has partnered with PNB MetLife India Insurance Company Limited to promote financial inclusion through life insurance solutions, media reports say.
The collaboration will offer savings, protection, retirement, and group plans to Saraswat Bank’s 30 lakh customers across 302 branches nationwide.
PNB MetLife’s MD & CEO, Sameer Bansal, emphasized bridging India’s insurance gap through wide-reaching channels, while Saraswat Bank’s MD & CEO, Arti Patil, highlighted the partnership’s role in enhancing customer services.
By combining Saraswat Bank’s trusted legacy with PNB MetLife’s insurance expertise, the partnership aims to boost insurance penetration, say the reports.
