2017
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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HDFC life
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LIC life insurance
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The New India assurance limited
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SBI life
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Detailed explanation-1: -CSB Bank has tied up with Edelweiss Tokio Life to offer life insurance solutions through its branch network.
Detailed explanation-2: -HDFC Life distributes its products through a multi-channel network consisting of Insurance agents, Bancassurance partners (HDFC Bank, Saraswat Bank, RBL Bank), a Direct channel, Insurance Brokers, MFIs (Micro Finance Institutions), SFBs (Small Finance Banks), etc.
Detailed explanation-3: -The Minimum Average Monthly Balance to be maintained is only Rs 2, 500 in Rural/Semi-Urban & Rs 5000 in Urban/Metro.
Detailed explanation-4: -We have implemented strategic changes in business model as a full service new age private sector bank backed by our globally reputed promoter – FIH Mauritius Investments Ltd, a Company wholly owned by Fairfax India Holdings Corporation( Fairfax India), part of Fairfax Group.