SBI Life, AU Small Finance Bank partner to expand insurance in rural India

AU SFB will offer SBI Life’s range of protection, savings, retirement, and investment policies.

AU Small Finance Bank (AU SFB) has formed a corporate agency partnership with SBI Life Insurance to expand access to life insurance products across India. 

Under the agreement, AU SFB will offer SBI Life’s range of protection, savings, retirement, and investment policies through its network of over 2,500 banking touchpoints in 21 states and four union territories.

The partnership supports the Indian government’s goal of “Insurance for All by 2047” by targeting underserved and emerging markets. 

SBI Life’s insurance offerings will be integrated into AU SFB’s digital platforms and customer service channels to deliver a streamlined experience.