In order to offer its retail products to consumers, private sector lender Tamilnad Mercantile Bank has partnered with life insurance provider Bajaj Allianz Life Insurance, the bank announced on Saturday.
Under this strategic relationship, both new and existing bank customers will be able to take use of Bajaj Allianze Life’s solutions, which include savings, retirement, and investment products.
S Krishnan, the managing director and CEO of Tamilnad Mercantile Bank, and Tarun Chugh, the managing director of Bajaj Allianz Life Insurance, exchanged papers at a gathering to formalize their cooperation.
509 branches, 12 regional offices, and four union territories make up Tamilnad Mercantile Bank Ltd.
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