PNB MetLife partners Shivalik Bank to expand rural coverage
Shivalik Small Finance Bank has a network of 79 branches and 136 exclusive outlets.
PNB MetLife India Insurance Company Limited (PNB MetLife) has partnered with Shivalik Small Finance Bank- India’s first Small Finance Bank; to broaden insurance access in semi-urban and rural India.
Through this partnership, over one million existing and prospective customers of Shivalik Bank will gain access to PNB MetLife’s life insurance solutions, including savings, protection, and retirement plans.
Shivalik Small Finance Bank has a network of 79 branches and 136 exclusive Business Correspondent (BC) outlets in 11 states.
“We are delighted to partner with Shivalik Small Finance Bank to bring life insurance protection to more families across rural and underserved areas in India. Where availability, access and affordability have previously limited financial protection for families, PNB
MetLife and Shivalik Small Finance Bank are working together to support more people in securing a confident future,” Sameer Bansal, Managing Director & CEO of PNB MetLife, said in a press release.