TATA AIA Life Insurance partners with City Union Bank

This partnership brings together two respected consumer centric brands that have been a part of India’s consumer landscape for more than a century. This partnership will help City Union Bank consumers (existing and new) to benefit from Tata AIA Life’s diverse and innovative products and services spanning term insurance, savings and investment, retirement, and health.

It will enable Tata AIA Life to expand its distribution through CUB’s 700+ branches and contribute significantly towards increasing life insurance penetration in the country. Another point of synergy between the two entities is their focus on providing a digitally enabled experience and mobile first solutions to consumers.

City Union Bank Limited is a century young private sector Scheduled Commercial Bank providing the best of services in the Banking industry since 1904. The Bank is headquartered in Kumbakonam, the temple town in Thanjavur District of Tamil Nadu.

The Bank’s total business as on March 31st, 2022, is ₹88,846 Crores with Deposits of ₹47,690 Crores and Advances of ₹41,156 Crores. Net worth of the Bank as on March 31st, 2022, was ₹6550 Crores with a Capital Adequacy Ratio (Basel III) of 20.85%. CUB has a network of 727 branches with 1732 ATMs spread across the country.