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Market: DBS offers insurance coverage to 3 million customers in India

Fiinews by Fiinews
July 22, 2022
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DBS-Bajaj collective focus on customer will set higher benchmarks in the industry, says Chugh

DBS Bank India, the wholly owned subsidiary of Singapore’s DBS Bank Ltd, is offering a wide array of life insurance solutions to its three million customers in the country through a partnership with Bajaj Allianz Life Insurance, one of India’s leading private life insurers.

DBS, through the strategic partnership with Bajaj Allianz Life, aims to empower the customers to ‘Live More and Bank Less’ by investing in life insurance products that best meet their life needs in a planned manner.

New and existing customers across DBS’ 550+ branches can now choose from Bajaj Allianz Life’s retail products including term, savings, retirement and investment products.

Prashant Joshi – MD & Head, Consumer Banking Group, DBS Bank India, said, “Our partnership with Bajaj Allianz Life will pave the way for all DBS Bank customers to enjoy comprehensive end-to-end life insurance solutions.

“Customers across the 550+ physical network of DBS as well as digibank users will be able to avail all the offerings by either visiting any of our branches or with just a tap on the app. This initiative is a part of our ongoing endeavor to support every customer in securing a financially sound future with us.”

“This is a prestigious partnership and we are glad to offer powerful and value-packed products backed by new-age efficient services for the large customer base at the Bank,” said Tarun Chugh, MD & CEO, Bajaj Allianz Life Insurance.

“I’m confident that with our collective focus on customer delight the team will set higher benchmarks in the industry, while enabling many more life goals.” fiinews.com

Tags: DBS Bank India
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