IDBI Fortis opens branch in Delhi
As a part of its aggressive 100-branch plan, IDBI Fortis Life Insurance opened its branch in Delhi on Thursday.
By ET Online |
NEW DELHI: As a part of its aggressive 100-branch plan, IDBI Fortis Life Insurance opened its branch in Delhi on Thursday. The branch is located at Pitampura, one of the fastest-growing commercial centers in Delhi.
The company launched its operations in March this year, leading with its innovative concept 'Wealthsurance'. IDBI Fortis is a joint venture of IDBI, India's premier development and commercial bank; Federal Bank, one of India's leading private sector banks; and Fortis, Europe's banking and insurance giant.
"With the growing income, more and more people want to grow their money rather than save it. Which is why we have unique wealth-building products that will help your money grow by protecting it from unforeseen circumstances," said G.V. Nageswara Rao, MD & CEO of IDBI Fortis.
Delhi is IDBI Fortis' second branch in the National Capital Region opening this month, with 28 more expected this fiscal. "Delhi's commercial importance as a hub for northern India is uncontestable. If we have to be a serious player in north India, we must have an aggressive presence in the NCR. While this is our first branch in Delhi, it is our second in the NCR. The rapid roll-out shows our commitment to this region," said Murali Iyer, national head ��� agency and alliances, IDBI Fortis.
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