Canara bank has tied up with new India Assurance Corporation to offer insurance products. Under the agreement, the New India Assurance Corporation will sell its products and policies to customers of Canara bank through bank’s network of more than 6000 branches all over the country. The areas covered by the bank will be metros and tier one and tier two cities.
The insurance will cover motors, health, travel, marine, engineering and home insurance. This tie up will help both parties to improve their services to customers.
More about Canara Bank:
Establishment Year: 1906
Nationalized in 1969