Tata AIG Life, SIB in pact | business | Hindustan Times
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Tata AIG Life, SIB in pact

business Updated: Feb 04, 2009 09:20 IST

Tata AIG Life Insurance Company and South Indian Bank have entered into a partnership to provide premium renewal collection services to Tata AIG Life's customers through 520 core banking solutions branches of the bank.

This partnership would provide Tata AIG Life's policy-holders the convenience of paying their renewal premiums by cheque or cash at the nearest branch of the bank, a press release issued in Mumbai on Tuesday stated.

This will especially be a convenience for rural customers, the release said.

Customers can make renewal premium payments by cheque or cash up to Rs 49,999 at the bank's branches.