SBI Launches ‘Easy Collect’ for Collection of Policy Premium

State Bank of India has launched a new customer facility ‘Easy Collect’ as a pilot project at the bank’s Bandra-Kurla Complex branch inaugurated by Shri Arijit Basu, MD & CEO, SBI Life Insurance Co Ltd. This facility enables the collection of correct amount of premium from policy holders and real time remittance of the same to SBI Life Insurance Co Ltd. Policy holders can get receipts for the Cash / Cheque payment.

Event proceedings happened in the presence of Shri. Dibakar Mohanty GM (NW-III), Shri. Hardayal Prasad - GM (NW-IV), Shri Richhpal Singh - GM (NW-I), officials from FIBU - Corporate Center, Ms. Manjira Sen - GM (TBU) and officials from SBI Life, Shri. A. Pejawar, ED (Marketing) & Shri A. J. Bose ED (Opps & IT).