Archive · 23 Jul 2025
ESAF Small Finance Bank Partners with Shriram Life Insurance
ESAF Small Finance Bank is teaming up with Shriram Life Insurance.
This means ESAF will help sell Shriram's insurance policies.
ESAF will use its many branches to reach people who haven't bought insurance before, especially those with lower incomes and families in the countryside.
ESAF has a lot of branches and helps many customers with different banking services.
This partnership helps Shriram reach more people and provides financial products to those who might not have access to them otherwise.
ESAF Small Finance Bank partners with Shriram Life Insurance.
ESAF will act as a corporate agent for Shriram Life.
The partnership aims to distribute insurance through ESAF's branch network.
Focus is on first-time insurance buyers, low-income families, and rural households.
ESAF Bank has 788 branches and serves over 5.6 million customers.
- Who
- ESAF Small Finance Bank and Shriram Life Insurance.
- What
- ESAF Small Finance Bank will become a corporate agent for Shriram Life Insurance, distributing its insurance products.
- When
- Published on July 22, 2025
- Where
- Across 24 States and two Union Territories.
- Why
- To expand the reach of life insurance products, especially targeting first-time buyers and underserved communities.
- Partnership
- ESAF Small Finance Bank and Shriram Life Insurance
- ESAF Role
- Corporate Agent
- Objective
- Expand insurance reach
- Target Audience
- First-time insurance buyers, low-income families, rural households
- ESAF Branches
- 788
- Customers Served
- Over 5.6 million
- ESAF Bank Operations Started
- March 10, 2017