Max Life Partners With Capital Small Finance Bank to Offer Life Insurance Products
Updated On May 07, 2023
Max Life Insurance Company has recently announced its association with Capital Small Finance Bank to provide life insurance products to their customers. With this partnership, Max Life and Capital Small Finance Bank will offer their customers a wide range of savings, retirement, protection, and other life insurance solutions.
Max Life Insurance was founded in 2000, whereas Capital Small Finance Bank started its operations in 2016. The deputy managing director of Max Life stated that Capital Small Finance Bank has maintained a significant regional focus in order to improve banking accessibility for its rural and semi-urban clientele. With this partnership, the shared goal of providing a superior customer experience through best-in-class products, digital solutions, and an omnichannel approach is demonstrated.
Talking about the same, the managing director and CEO of Capital Small Finance Bank mentioned that their partnership with Mac Life will open up opportunities for bank customers to access and take advantage of cutting-edge, adaptable, and diverse life insurance products through their bank branches and other partnership channels. Max Life Insurance has been a quality and customer-focused insurer since its establishment. And this partnership will benefit the bank's customers in the long run.
Capital Small Finance Bank has its origins in Punjab, India. The bank started its operations as India’s first small finance bank in 2016. Prior to that, it was considered India’s largest local area bank until 2000. The bank was focused on providing affordable credit solutions to middle-income customers. On the other hand, Max Life is headquartered in New Delhi, India. The company is a joint venture between Max Financial Services Limited and Axis Bank. Max Life provides comprehensive protection and savings life insurance plans to customers across India. Within a short span of time, Max Life has achieved excellence in the insurance industry and earned the trust of its policyholders.