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GSC Bank to sell insurance through agri cooperative societies

The scheduled bank is targeting to sell over 1,00,000 policies in the first year of launching

Vimukt Dave  |  Ahmedabad 

Gujarat State Cooperative Bank (GSC Bank), a scheduled bank of the state, has forayed into accidental insurance policy for farmers and account holders of cooperative banks. The bank plans to sell insurance policies through agricultural cooperative societies. According to the bank, it is initially selling the insurance from urban and people's cooperatives banks. To expand the reach, it will use agriculture cooperative societies as agents to sell the new policy. The lender is targeting to sell over 100,000 policies in the first year of launching. “We are targeting to ...

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GSC Bank to sell insurance through agri cooperative societies

The scheduled bank is targeting to sell over 1,00,000 policies in the first year of launching

The scheduled bank is targeting to sell over 1,00,000 policies in the first year of launching Gujarat State Cooperative Bank (GSC Bank), a scheduled bank of the state, has forayed into accidental insurance policy for farmers and account holders of cooperative banks. The bank plans to sell insurance policies through agricultural cooperative societies. According to the bank, it is initially selling the insurance from urban and people's cooperatives banks. To expand the reach, it will use agriculture cooperative societies as agents to sell the new policy. The lender is targeting to sell over 100,000 policies in the first year of launching. “We are targeting to ... image
Business Standard
177 22

GSC Bank to sell insurance through agri cooperative societies

The scheduled bank is targeting to sell over 1,00,000 policies in the first year of launching

Gujarat State Cooperative Bank (GSC Bank), a scheduled bank of the state, has forayed into accidental insurance policy for farmers and account holders of cooperative banks. The bank plans to sell insurance policies through agricultural cooperative societies. According to the bank, it is initially selling the insurance from urban and people's cooperatives banks. To expand the reach, it will use agriculture cooperative societies as agents to sell the new policy. The lender is targeting to sell over 100,000 policies in the first year of launching. “We are targeting to ...

image
Business Standard
177 22