SBI General Insurance signed Bancassurance Pact with IDFC FIRST Bank

On June 21,2021, SBI (State Bank of India) General Insurance inked a bancassurance Partnership with IDFc (Infrastructure Development Finance Company) FIRST Bank for Selling its non-life insurance products. In this Regard, a corporate agency agreement was

Signed between both the entities.

•Through this agreement SBI general

Insurance will access the IDFC first bank’s Larger customer base resulting in wider Penetration of itsinsurance products through The latter’s digital first approach

About IDFC First Bank:

Establishment-In 2018, by merging erstwhile IDFC Bank and former Capital First.

Managing Director (MD) & CEO (Chief Executive Officer)-V. Vaidyanathan

Headquarters– Mumbai, Maharashtra

About SBLgeneral insurance

Managing Director (MD) & CEO (Chief Executive Dono Officer)-Prakash Chandra Kandpal

Headquarters– Mumbai, Maharashtra

Tagline-Suraksha Aur Bharosa Dono

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