ING Life ties up with Vizag co-op bank

ING Life India, part of the ING Group, has tied up with Visakhapatnam District Central Co-op Bank. The cooperative bank will refer its customers to ING Life India for life insurance products and services.

Commenting on the tie-up, T K Uthappa, director — sales, ING Life, said, “ING Life has a strong network of tie-ups with co-operative banks across India. We have been keen to develop our network in Andhra Pradesh, and this tie-up gives us the right start in the region to reach out to our customers to help them manage their financial future.”

This is the fifth district central cooperative bank that the company has tied up with in AP. The tie-up gives access to ING Life India to make its products available to more than 60,000 customers of the co-op bank through its 28 branches spread across Vizag, Anakapalli, Narsipatnam and Yelamanchili.

 

B Satya Rao, chairman of the bank, said, “We will now be able to add one more service to our customers by offering life insurance products.”