TMB Signs MOU with LIC for PMJJBY Scheme.
Press Trust of India Tuticorin TMB has signed an MoU with LIC for implementing the 'Pradhan Mantri Jeevan Jyoti Bima Yojana'.
The TMB already has corporate tie-up arrangement with LIC for carrying bancassurance business of marketing all LIC Products.
"...We have signed an MOU with Life Insurance Corporation of India on May 2 as a co-partner for launching PMJJBY," a bank release said.