New Delhi, Jun 30 (PTI) AU Small Finance Bank (AU SFB) on Monday announced a strategic partnership with Life Insurance Corporation of India (LIC) to sell insurance products.

Under this tie-up, AU SFB will distribute LIC's comprehensive portfolio of life insurance solutions, including term insurance, endowment plans, whole life policies, pension and annuity products, and child-specific plans catering to a broad spectrum of protection and retirement needs, the bank said in a statement.

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These offerings will be available across AU SFB's about 2,456 banking touchpoints in 21 states and four union territories, significantly expanding LIC's reach into rural and semi-urban regions, it said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)