The Hindu Business Line : ICICI Prudential ties up with Federal Bank

ICICI Prudential has tied up with Federal Bank to accept premium from any of its customers in Kerala through the bank's 327 branches across the State.

Currently, customers can make renewal premium payment through cash or the bank's same branch cheques. The facility will soon be extended to include cheques of other banks as well as demand drafts, a press release issued here has said.

The facility will be available to all policyholders and there will be no extra charge levied for availing of the service. The premium payment process has been made very simple, with the policyholder having to just fill in a pre-designed pay-in slip. Ms Shubha Mayya, Customer Service and Operations of ICICI said: "It is our endeavour to continuously enhance the services and products that we offer our customers and this initiative is another step in that direction. Federal Bank has widespread branches across Kerala and such a facility will greatly help our customers across the state to pay their premium quite conveniently."

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ICICI Prudential ties up with Federal Bank