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Money & Banking
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Life Insurance
Marketing
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Channels and Franchises
India Post, ING Vysya Life tie up
Bangalore, March 10
India Post has tied up with the ING Vysya Life
Insurance Co Ltd for payment of renewal
premiums.Speaking at a media briefing on the
arrangement, Ms Meera Datta, Principal Chief
Postmaster General (Karnataka Circle), said here on
Friday, "The arrangement will allow renewal payments
through any one of the 511 computerised post offices in
the State." She said that India Post would earn about Rs 5
per transaction, through its arrangement with ING Vysya
Life. The payment facilities would be extended to the
remaining post offices also once computerisation was
completed, she added. - Our Bureau
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