Partnership with PNB MetLife to provide insurance cover for borrowers

Karnataka Bank, in association with its PNB MetLife, has launched Met Loan and Life Suraksha (MLLS), a single premium plan covering the loan liability of a customer.

The bank has also introduced KBL MLLS, an app for its employees to instantly calculate the insurance cover and premium based on loan liability of the borrowers.

Important Takeaways from Above News-

  • MD and CEO of Karnataka Bank Mahabaleshwara M.S.
  • Sameer Bansal is the Director of PNB MetLife.

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