Kotak Mahindra opens branch in Jalandhar

Kotak Mahindra Old Mutual Life Insurance Ltd (Kotak Life Insurance), one of the fastest-growing insurance companies in India, has inaugurated its first full-fledged branch office in Jalandhar.

This is Kotak Life's third branch office in Punjab out of its 62 branches in 43 cities in th country, Kotak Life Insurance Managing Director Gaurang Shah said while inaugurating the new branch located at GT Road.

With its objective of deeper market penetration in the state, Kotak Life Insurance also announced its plans to open branch offices in Amritsar and Patiala in the near future, he said. Kotak Life has identified Jalandhar as a high growth region.