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Max Life partners with Ujjivan SFB to offer life insurance solutions

March 09, 2023

Max Life partners with Ujjivan SFB to offer life insurance solutions
Max Life Insurance Company Ltd. and Ujjivan Small Finance Bank have announced their partnership to offer holistic life insurance offerings to Ujjivan SFB’s customers. Through this partnership, Max Life and Ujjivan SFB will offer a range of savings, protection, retirement, and group life insurance plans to more than 73 lakh Ujjivan SFB customers.

Established in 2017, Ujjivan SFB is among the leading small finance banks in the country with a strong footprint across India, committed to serve the unserved and underserved segments through financial and digital inclusion.

The bank has a Pan-India presence with 606 branches in 254 districts, covering 25 states and Union Territories as of January 31, 2023. With technology being a key enabler, Ujjivan SFB continues to expand its reach and enhance customer experience with a large digital coverage across internet banking, mobile application, tablet-based origination and phone banking among others.

Prashant Tripathy, Managing Director and CEO, Max Life said, “Max Life is focused on forging key bank partnerships as a driver of sustainable growth. We welcome Ujjivan Small Finance Bank in our journey towards enabling more customers with financial inclusion & security through life insurance. With our customer-first approach, the most comprehensive suite of products combined with our digital tools and assets, we are confident of delivering a seamless customer experience. This partnership further strengthens the Bancassurance business at Max Life.”

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