Categories: Banking

Federal Bank and Star Health Insurance tie-up for bancassurance

Federal Bank has entered into a Bancassurance partnership with Star Health and Allied Insurance Co Ltd as a corporate agent to provide health insurance products for the Bank’s 8.90 million customers across India. The Bank’s customers can avail benefits of Star Health’s retail products and group affinity products through the bank’s various distribution channels which help the customers to address their complete financial needs under one roof.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

What is Bancassurance?

It is a partnership between a bank and an insurance company that would enable them to offer insurance products to the bank’s customers.

Important takeaways for all competitive exams:

  • Federal Bank Establishment: April 23, 1931;
  • Federal Bank Headquarters: Aluva, Kerala;
  • Federal Bank Managing Director & CEO: Shyam Srinivasan;
  • Federal Bank Tagline: Your Perfect Banking Partner.

Find More Banking News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

Hypersonic Missile vs Ballistic Missile: What’s the Difference?

Modern warfare is changing rapidly, and missiles are becoming faster, smarter, and more difficult to…

17 minutes ago

India’s Wholesale Inflation Jumps to 8.3%, Highest in Nearly 3.5 Years

India's wholesale inflation rose sharply in the month of April 2026 and it reached to…

32 minutes ago

India Plans ₹40,000 Crore Subsea Gas Pipeline from Oman to Gujarat

India is planning to construct a massive ₹40,000 crore subsea gas pipeline from Oman to…

1 hour ago

7th Generation Fighter Jet vs 6th Generation Fighter Jet: Future of Air Warfare

Modern air combat is entering a revolutionary phase. While several countries are still developing 6th-generation…

2 hours ago

India’s Clean Energy Push Gets a Boost as Maize Leads Ethanol Production

Ethanol emerged as largest ethanol feedstock for the first time in ethanol program of the…

18 hours ago

Uber Partners with Adani Group for First Data Centre in India

Uber is partnering with the Adani Group to build its first data centre in the…

18 hours ago