Archive · 23 Jul 2025
Shriram Life Partners with ESAF Bank to Expand Insurance Reach
Shriram Life Insurance is teaming up with ESAF Small Finance Bank to make it easier for people to get life insurance.
ESAF Bank will help sell Shriram Life's insurance policies through its many branches.
This partnership focuses on helping those who have never had insurance before, families with lower incomes, and people in rural areas.
Both companies want to help more people get insurance to protect their finances.
ESAF Bank has a large network of branches and customer service centers across India to provide banking solutions.
Shriram Life Insurance aims to provide affordable insurance for everyone, making protection a basic right.
Shriram Life Insurance has partnered with ESAF Small Finance Bank to expand life insurance reach.
ESAF Bank will act as a corporate agent for Shriram Life, distributing insurance through its branches.
The partnership aims to reach first-time insurance buyers, low-income families, and rural households.
ESAF Small Finance Bank operates 788 branches, 713 ATMs, and 1,095 customer service centers across India.
The partnership supports financial inclusion by offering accessible protection.
- Who
- Shriram Life Insurance and ESAF Small Finance Bank.
- What
- Shriram Life Insurance and ESAF Small Finance Bank have partnered to expand the reach of life insurance.
- When
- The partnership was announced on July 23.
- Where
- Across India.
- Why
- To serve the underserved by making insurance simple, affordable, and accessible and to promote financial inclusion.
- Partnership
- Shriram Life Insurance and ESAF Small Finance Bank
- ESAF Bank Branches
- 788
- ESAF Customer Service Centers
- 1,095
- ESAF ATMs
- 713
- Shriram Life Goal
- Insurance for All
- In-force policyholders (Shriram Life)
- 14.4 lakh