Bajaj Allianz Life, Satin Creditcare partner to boost financial inclusion in rural India

Bajaj Allianz Life has signed a strategic agreement with Satin Creditcare to ramp up financial inclusion in India’s rural areas.

Through the strategic partnership, enabled by insurance broker Coverfox, Satin Creditcare’s customers can secure loans with Bajaj Allianz Life’s tailored insurance plans across its 1,386 branches in the country, the companies said in a statement.

Coverfox’s tech infrastructure will be used for insurance buying, selling and servicing, digitally.

“The collaboration between Bajaj Allianz Life, Satin Creditcare, proficiently supported by Coverfox, is dedicated to providing financial security and enabling customers to pursue their goals with complete ease,” said Dheeraj Sehgal, Chief Distribution Officer, Institutional, Bajaj Allianz Life.

Satin Creditcare’s Chairman and Managing Director HP Singh said the companies are poised to redefine industry standards and set new benchmarks in customer-centric innovation.

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