Allahabad Bank today tied up with private life insurance company Tata AIG for providing mortgage term insurance facilities to housing loan customers of the bank.


</p><tr><td><p class='TableClas'></p><P class='TableClas'><DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>In case of an unfortunate event like death of the mortgage loan borrower, the insurance cover would provide for repayment of the housing loan.&nbsp;&nbsp;&nbsp;&nbsp; </P>
</p><p class='TableClas'>"The family will get back the property," he said.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </P>
</p><p class='TableClas'>Allahabad Bank Executive Director J P Dua told reporters here that the tie up for mortgage insurance would be an added advantage for the customers of the bank.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <BR></P>
</p><p class='TableClas'>As per the agreement, the bank would extend Tata AIG's housing loan cover through its network of 2,154 branches across the country. </P></p><p class='TableClas'></p></table>


Allahabad Bank ties up with Tata AIG

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