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.
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