May 6: Shangila Development Bank and Life Insurance Corporation (LIC Nepal) have inked an agreement to commence bancassurance service to the customers.
The bank's CEO Rajendra Prasad Poudel and the insurance company's CEO Abhijit Ghosh Dastidar signed the agreement on behalf of their respective organizations amid a function on Friday, May 4.
As per the agreement, customers of the bank can avail all kinds of insurance services provided by the insurance company through any branch of the bank.
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