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Max New York in pact with Anantapur district co-op bank

MNYL signed a bancassurance agreement with Anantapur District Cooperative Central Bank Ltd. All over India it is the 13th rural bancassurance Joint Venture (JV) and in Andhra Pradesh it is the 12th JV.

Apnainsurance.com Research Bureau

15 Dec 2007

Max New York Life Insurance (MNYL) signed a bancassurance agreement with Anantapur District Cooperative Central Bank.

The bank has a network of 19 branches and 98 primary agricultural cooperative societies. This will enhance the cliental base for the insurance company by three lakhs and will also use the banks network in Andhra Pradesh.

All over India it is the 13th rural bancassurance joint venture (JV) and in Andhra Pradesh it is the 12th JV.



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