RBL Bank Partners with LIC to Expand Life Insurance Reach Across India.

On September 30, 2025, RBL Bank Limited announced a strategic bancassurance partnership with the Life Insurance Corporation of India (LIC), the country’s largest life insurer. The collaboration aims to offer LIC’s entire suite of life insurance products through RBL Bank’s nationwide branch network and digital platforms.

Main Point :-   (i) The alliance seeks to enhance financial inclusion and expand insurance penetration by giving customers easy access to LIC’s products through RBL Bank’s physical branches and digital channels across India.

      (ii) Under the tie-up, RBL Bank will distribute LIC’s complete range of life insurance products, including Term Insurance Plans, Endowment Policies, Pension Schemes, and Unit-Linked Insurance Plans (ULIPs), ensuring diverse coverage options for customers.

(iii) The partnership aligns with India’s goal of achieving ‘Insurance for All by 2047,’ strengthening insurance accessibility in both urban and rural regions through a unified financial network.