spot_img
Saturday, April 13, 2024
HomeBusinessHDFC Life and Aavas Financiers Ltd Enter into a Corporate Agency Tie-up...

HDFC Life and Aavas Financiers Ltd Enter into a Corporate Agency Tie-up – World News Network

-

NewsVoir
Mumbai (Maharashtra) [India], June 27: HDFC Life, one of India’s leading insurers, and Aavas Financiers Ltd. (“Aavas”), one of India’s leading Housing Finance companies, have announced a strategic Corporate Agency tie-up.
Through this partnership, customers of Aavas will have access to a wide range of HDFC Life’s insurance products including coverage for customers’ Housing Loans and Loans Against Property. Customers will also be able to access plans offering pure financial protection (Term insurance) as well as long-term savings solutions for various other life stages such as child’s education, retirement, critical illness coverage, etc.
In FY 2023, HDFC Life, known for its innovative products and customer-centric approach, has secured more than 68 million lives with an overall claim settlement ratio of 99.7%.
Suresh Badami – Deputy Managing Director, HDFC Life said, “We are delighted to partner with Aavas. At HDFC Life we offer a comprehensive suite of life insurance product solutions with best in class servicing, supported with a superior digital platform. This partnership will further strengthen our distribution and enable us to reach out to more individuals and secure them financially. We look forward to working together with Aavas for the benefit of their customers.”
Sachinder Bhinder – MD and CEO, Aavas said, “In pursuit of excellence for our esteemed customers, we are excited to join forces with HDFC Life. This partnership exemplifies our shared commitment to customer-centricity and with our digital synergy and real-time API integration; we are well equipped to provide the best services to customers. Driven by our unwavering focus on ‘Customer First’, with this collaboration we extend our customers more than just credit life policy; delivering unparalleled customer experience. Together, we envision a future where our combined efforts create a positive and lasting impact on the lives of our customers, empowering them to achieve their financial goals with confidence.”
Ghanshyam Rawat – President & CFO, Aavas said, “We are thrilled to announce our partnership with HDFC Life, a leader in the industry. With this strategic business association, together we have the opportunity to further penetrate life insurance products suited to our customers, tap into cross-selling opportunities, and develop the best product offerings that perfectly align with our target customer base. By combining our strengths and resources, we are poised to offer unparalleled financial solutions and cater to the evolving needs of our customers. Together, we foster a long-lasting alliance that revolutionizes the way we cater to our cherished customers.”
Aavas Financiers Limited (“Aavas”), is a renowned Housing Finance Company known for providing home loans in the rural and semi-urban locations of India. Aavas was incorporated in February 2011 and formally started its operations in March 2012.
Aavas is engaged in the business of providing housing loans, primarily in the un-served, unreached, and under-served markets which include the States of Rajasthan, Maharashtra, Gujarat, Madhya Pradesh, Haryana, Uttar Pradesh, Chhattisgarh, Uttarakhand, Punjab, Himachal Pradesh, Delhi, Odisha, and Karnataka. As of March 2023, Aavas has 346 branches operating in 13 states of India.
Presently Sachinder Bhinder as the MD and CEO heads the Company. Aavas has been recognized as the Best BFSI Brand 2023 at The Economic Times Best Brands Conclave – ET Edge. In August 2022, Aavas won the Best NBFC award for the year 2020-21 at FE India’s Best Banks Awards.
For more information, please visit www.aavas.in.
Established in 2000, HDFC Life is a leading, listed, long-term life insurance solutions provider in India, offering a range of individual and group insurance solutions that meet various customer needs such as Protection, Pension, Savings, Investment, Annuity, and Health. The Company has more than 60 products (including individual and group products) and optional riders in its portfolio, catering to a diverse range of customer needs.
HDFC Life continues to benefit from its increased presence across the country, having a wide reach with branches and additional distribution touch-points through several new tie-ups and partnerships. The count of distribution partnerships is over 300, comprising banks, NBFCs, MFIs, SFBs, brokers, and new ecosystem partners amongst others. The Company has a strong base of financial consultants.
For more information, please visit www.hdfclife.com. You may also connect with us on Facebook, Twitter, YouTube, and LinkedIn.
(Disclaimer: The above press release has been provided by NewsVoir. ANI will not be responsible in any way for the content of the same)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News


Paris Appreciation Awards

Read More

World Polls

Read More

Short News

Read More

Indian Bureaucrats

Read More

World Talent Management

Read More

World Brand Ambassadors

Read More

Film Critics

Read More

Influencers

Read More

Video Press Release

Read More

podcasts Press Release

Read More

Social Media

Read More

Colleges Press Release

Read More

Business Press Release

Read More

Critics Press Release

Read More

Fashion Marketing Press Releases

Read More

Gaming Press Release

Read More

Finance Press Release Distribution

Read More

Creative Press Release

Read More

Animals Press Release

Read More

Tech News Press Release

Read More

Cryptomarket Press Release

Read More

Fitness News Press Release

Read More

Gadgets Press Release

Read More

Gardening Press Release

Read More

Stockmarket Press Release

Read More

Product Reviewers and Marketing

Read More

Crypto Press Release Distribution

Read More

Film Festivals Marketing

Read More

India Real Estate Marketing

Read More

Indian Medical Tourism

Read More

Travel Marketing Press Release

Read More

Health Marketing Press Release

Read More

Events Marketing Press Release

Read More

Restaurants Marketing Press Release

Read More

City Business Listing

Read More

World Import Export

Read More

PR Franchise

Read More

Radio Press Release Distribution

Read More

Movies Distribution

Read More

Related articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
3,912FollowersFollow
0SubscribersSubscribe
spot_img

Latest posts

Paris Appreciation Awards

Read More

World Polls

Read More

Short News

Read More

Indian Bureaucrats

Read More

World Talent Management

Read More

World Brand Ambassadors

Read More

Film Critics

Read More

Influencers

Read More

Video Press Release

Read More

podcasts Press Release

Read More

Social Media

Read More

Colleges Press Release

Read More

Business Press Release

Read More

Critics Press Release

Read More

Fashion Marketing Press Releases

Read More

Gaming Press Release

Read More

Finance Press Release Distribution

Read More

Creative Press Release

Read More

Animals Press Release

Read More

Tech News Press Release

Read More

Cryptomarket Press Release

Read More

Fitness News Press Release

Read More

Gadgets Press Release

Read More

Gardening Press Release

Read More

Stockmarket Press Release

Read More

Product Reviewers and Marketing

Read More

Crypto Press Release Distribution

Read More

Film Festivals Marketing

Read More

India Real Estate Marketing

Read More

Indian Medical Tourism

Read More

Travel Marketing Press Release

Read More

Health Marketing Press Release

Read More

Events Marketing Press Release

Read More

Restaurants Marketing Press Release

Read More

City Business Listing

Read More

World Import Export

Read More

PR Franchise

Read More

Radio Press Release Distribution

Read More

Movies Distribution

Read More

Send this to a friend