Excelsior Correspondent
SRINAGAR, Apr 8: J&K Bank has renewed its corporate agency agreement with Bajaj Life Insurance Company for another three years, aiming to strengthen customer services and expand access to insurance products.
The agreement was signed at the Bank’s Corporate Headquarters in Srinagar in the presence of senior officials from both organisations.
A statement said General Manager (Retail, Agriculture & MSME) Rakesh Magotra represented the Bank, while Executive Vice President and Business Head Zeeshan Andleeb attended on behalf of Bajaj Life Insurance Company, along with other officials.
Speaking on the occasion, Magotra said the renewal reflects a strong and trusted relationship focused on customer needs.
He added that the Bank is committed to expanding its range of financial services and ensuring easy access to insurance products for its customers.
Magotra further said that strengthening cross-selling remains a key priority and the renewed partnership will help increase insurance outreach, especially across Jammu and Kashmir and other growing markets.
The partnership between the two organisations has seen steady growth over the years, supported by a strong distribution network and focus on customer requirements.
The renewed agreement is expected to further improve customer engagement and expand the reach of life insurance services, providing better financial security to people across the Bank’s operational areas.
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