The leading multi state credit co-operative of Maharashtra-Lokmanya Multipurpose Credit Cooperative Society has tied-up with HDFC life for providing life insurance products to its customers.
On behalf of Lokmanya Multipurpose Credit Cooperative Society, its Chairman Kiran Thakur signed the agreement.
The Lokmanya Credit Co-op is one of the largest multi credit cooperatives, having more than 200 branches in Karnataka, Maharashtra, Goa and Delhi. The customers of credit cooperatives can now avail the benefit of a wide range of insurance products of HDFC Life.
The Lokmanya Multipurpose Cooperative Society has a business mix of more than Rs 12,000 crore and earned a net profit of Rs 18.20 crore as on 31st March 2023.