Bank Asia signed an agreement with Sandhani Life Insurance Company Ltd for online premium collection through the Bank Asia network.
Md Arfan Ali, president, and managing director of Bank Asia Ltd, and Nemai Kumar Saha, chief executive officer of Sandhani Life Insurance Company Ltd, signed the agreement on behalf of their respective organizations on February 24 at Bank Asia Corporate Office, Karwan Bazar, Dhaka, reads a press release.
The service agreement will expand the insurance premium collection in a more systematic, improved, and efficient way using Bank Asia’s network.
Through this new service, more than 300,000 policyholders of Sandhani Life Insurance Company Ltd can pay their premium through different channels of Bank Asia Ltd including branches, agent banking outlets, micro-merchants, digital post offices, internet banking, and smart apps.