Srinagar- Reaffirming its commitment to enhanced customer convenience, J&K Bank has renewed its Corporate Agency Agreement with Bajaj Life Insurance Company for a further period of three years.
The agreement was renewed formally after the signing of the pact here at Bank’s Corporate Headquarters in the presence of senior officials from both the organisations. General Manager (Retail, Agriculture & MSME – RAM) Rakesh Magotra represented the Bank along with DGM (Cross Selling) Shabir Ahmad Bulla and other members of the Cross Selling team. Executive Vice President & Business Head Zeeshan Andleeb attended signing ceremony on behalf of Bajaj Life Insurance Company besides National Account Head Mukhtar Ahmad and other officials.
Speaking on the occasion, General Manager (RAM) Rakesh Magotra said, “The renewal of our partnership reflects the strength of a relationship built on shared values of customer-centricity and trust. As we move ahead in our growth journey, we remain focused on expanding our bouquet of financial solutions, ensuring that our customers have seamless access to protection products alongside banking services.”
He further added, “Strengthening our cross-selling ecosystem is one of the key priorities for the Bank.
This renewed engagement will help us scale up insurance outreach, particularly across Jammu & Kashmir and other emerging markets, while contributing to the broader agenda of financial inclusion and social security.”
The partnership between the Bank and Bajaj Life Insurance Company has witnessed steady growth since its inception, driven by robust distribution capabilities and a focused approach towards meeting evolving customer needs.
The renewal of the agreement is expected to further enhance customer engagement and deepen the reach of life insurance solutions, thereby enabling greater financial protection for individuals and families across the Bank’s operational geographies.
