M&M Finance gets license to offer life, health and general insurance under single entity moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
The corporate agency license would help in broadening Mahindra Finances product portfolio by incorporating insurance solutions. It would help customers with their financial and insurance needs being met by a single entity. The process would augment the companys existing sources of revenue and profits as it deploys its common infrastructure of branch network and feet on street.
Mahindra & Mahindra Financial Services has obtained a corporate agency licence from the IRDAI, allowing it to sell life and general insurance policies. The licence, valid from May 2024 to May 2027, will enable Mahindra Finance to diversify its revenue streams and enhance customer service across its extensive branch network.
IRDAI allows Mahindra Finance to offer tailored insurance plans to its customers aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.