Canara Bank ties up with United India Insurance

Bank has announced a retail loan package created exclusively for employees of insrance giant

Canara Bank today announced a tie up with United India Insurance for cross promotion of each other's products.

The MoU was signed by Canara Bank CMD R K Dubey and Milind Karat, CMD, United India Insurance at a function, here this evening.

Under the MoU, Canara Bank has announced a retail loan package created exclusively for the employees of United India Insurance.

The insurance firm would also utilise the services of the bank's network of BCs to provide micro insurance products to the rural population.

The CMDs of both public sector financial giants also launched three personal insurance products designed by United India for Canara Bank customers to cover their financed and non-financed assets with the twin advantage of low premium and online sale and delivery of policy.

These are Uni-Can Griha Mitra Policy, Uni-Can Health Policy for kisan card holders and Uni-Can collateral security policy.