Apply for life insurance policy online in Bikaner now. Here in this article we are going to discuss about Top 10 Banks in Bikaner for getting a life insurance plan. If you are worried about financial welfare or about the health of your family then you must be searching for life insurance policies. It is always the best choice to buy a life insurance policy if you worry about your future and financial condition. India’s first ever life insurance was by Oriental Life Insurance established back in the year 1818 in Kolkata by Bipin Behari Dasgupta. It was established to insure the British and European people living in India.
Many banks offer life insurance policy as they tie up with the insurance companies and provide many benefits to the customers. But among so many banks it is always better to choose the right one with benefits. Here are some of the top banks offering life insurance, you can choose the plan as per your needs.
Top 10 Banks in Bikaner for getting a life insurance policy
The best bank in Bikaner to apply for life insurance policy are discussed below:
1. HDFC Bank
This private sector bank is in a joint venture with a global investment company named Standard Life Aberdeen and thus the insurance policy came to be known as HDFC Standard Life Insurance. Being established back in the year 2000, presently it is leading the market for providing long term insurance solutions in India which offers solutions to both group insurance and individual insurance.
According to 2017’s report the company has 33 individual, benefits of eight optical riders, helping and looking after the needs of diversified customers.
2. Axis Bank
Axis bank offers Life Insurance Corporation of India popularly known as LIC and is now known as LIC IDBI bank. It is a full government owned corporation and is known to be the largest insurer prevailing in the market and also enjoyed power and monopoly in the market for many decades.
It is headquartered in Mumbai and has eight zonal offices under it. In addition to this, LIC has 2049 offices, 113 regional offices and over 1.2 million agents who sell their life insurance policies.
3. State Bank of India
This public sector bank offers SBI life insurance which comes under India’s top life insurers. It is a joint venture with State bank group, BNP Paribas Cardif and French financial and insurance company. 23,000 branches of State Bank offer this life insurance policy and thus it is India’s largest nationalized bank in tie up with other NBFCs, other banks, and cooperative societies and with wider network of agents across cities in India.
It is a full government owned corporation and about 908 branches of State bank provides claim settlement support. In addition, this bank offers flexible premium and payout options.
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4. Punjab National Bank
Punjab National Bank offers MetLife insurance. This public sector bank is in a joint venture with New York’s Metropolitan Life Insurance Corporation which is in short, MetLife. MetLife insurance has insured up to 4 million people across whole of India. You can avail for this life insurance policy in any branch of PNB across India including Jammu and Kashmir bank and Karnataka bank.
The insurance services and products are assured and assorted. For this purpose it has more than 103 million customers using this life insurance policy without any hindrance.
5. ICICI Bank
ICICI bank offers the ICICI Prudential Life insurance for the customers. It is a joint venture between India’s top private sector bank ICICI bank and UK Prudential Corporation Holdings Limited. This insurance was launched back in 2001 and currently is one of the popular life insurance.
About 4000 branches of this bank offer this life insurance and it is also the leading Asset Management Company in India. Another feature of this bank is that the non customers can also avail this life insurance.
6. Canara Bank
Canara bank tied up with HSBC and OBC which is Oriental Bank of Commerce and their life insurance which is Canara-HSBC-OBC Life Insurance was launched back in 2008 in the month of June.
The two major PSU lenders are in a joint venture where Canara bank has 51% of share and the Oriental bank of Commerce has 26% of share. Over 10,000 branches of the two banks offers this life insurance policy and you can avail it from any of the two branches.
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7. Bank Of India and Union Bank of India
Bank of India and Union Bank of India are in a joint venture with Japan Dai-ichi Life. The insurance is named as Star Union Dai-ichi Life Insurance presently leading the life insurance market among other top bank insurance. Over 11,000 branches of the two banks offer this insurance policy across India including those regional rural banks.
Such rural banks have 1,950 branches in the rural and remote parts of the country, thus making the availability of life insurance even in the remote areas. The villagers can also avail for such life insurance. But before you apply for insurance you need to be an account holder under any of these two banks.
8. Kotak Mahindra Bank
Kotak Mahindra Bank offers Kotak Life insurance and is among the leading insurance companies in India. This bank is in joint venture with Old Mutual Fund where Kotak Mahindra bank has 74% of share and Old Mutual Fund has 26% of share. The company has its headquarters in Mumbai and since its establishment back in 2001, the insurance has gained growth in the market.
Kotak Mahindra Old Mutual Life insurance has around 4 million policy holders across India. It delivers outstanding values to the customers through unique services and products.
9. IDBI Bank
The PSU lender private sector bank IDBI is in joint venture with Federal Bank and UK’s Ageas Insurance Limited. Over 3000 branches of the two banks offer the life insurance policy including regional partners, NBFCs and cooperatives.
The insurance company IDBI Federal is one the fast growing insurance and wealth management company in India.
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10. Bank of Baroda and Andhra Bank
The President of India, Pranab Mukherjee launched the IndiaFirst Life Insurance Policy back in 2010. IndiaFirst life insurance is in joint venture with Bank of Baroda, Andhra Bank and UK’S Legal and General. Bank of Baroda has 44% of share and Andhra bank has 30% of share and UK’s Legal and General has a share of 26% in NBFC.
You can avail this life insurance from over 8000 branches of the two banks and from other partners across the country. In addition to this, the non customers can also avail for this life insurance.
So, these were some top banks in Bikaner to get a life insurance policy anytime.