April 28: Citizens’ Bank International and Life Insurance Corporation (Nepal) has finalised the agreement of Bancassurance.  Rajan Singh Bhandari, Chief Executive Officer of Citizens’ Bank and P R Mishra, Chief Executive Officer of Life Insurance signed the agreement on behalf of their respective companies amid a program organised on Wednesday.

After the agreement, customers of citizens’ bank will be able to get life insurance services, payment of premium services, obtain insurance policy and submit insurance claims from any branches of the citizens’ bank. The bank informs that it has started to provide insurance services as per customers’ convenience. Presently, the bank is providing modern banking services through 56 branches, 46 ATMs and 89 branchless banking services.