SBI Life Insurance is a joint venture between the State Bank or India and Cardif SA of France. SBI Life Insurance has been registered with a social kapitaal of Rs 1000 crore and a poured kapitaal of EUR 500 crores. SBI is owner of 74% of the total kapitaal and Cardif the remaining 26%.
State Bank or India enjoys the largest bancaire franchise in India. Together with her 7 University Banks, SBI Group has the unequaled power of more than 14500 offices in the whole country, perhaps largest in the world.,. Cardif is a complete daughter society of BNP Paribas, that the Euro Zone authoritative Bank. BNP Paribas is one of the most old foreign banks dates with a presence in India from 1860. Cardif is classified 2e world-wide in creditor insurance offers protection at more than 35 million policy holders and the net-earnings of more than 1 billion euro. Cardif is also a pioneer in the art of the sale of insurances products via the commercial banks in France and in 35 other countries.
SBI Life Insurance's mission is to be arisen as the authoritative aanbieder of a complete gamut of life insurances and pension-products against competitive prices, the guaranteeing of high standards for customers service and operational efficiency of world class.
SBI Life has encompass an unique multi-distribution model Bancassurance, Agency Group and commit.
SBI Life expanded stimulates the SBI Group as a platform for cross-selling of insurances products that together with its countless bank operations product packages as mortgages and personal loans. SBI the entry till more than 100 million bills in the whole country offers a lively uitvalsbasis for insurances penetration in all regions and economic lay in the country where the guaranteeing of the financial integration. of.
Agency Channel, that of the most productive power of more than 25000 Insurance Advisors, offers door till door insurance solutions at customers.
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