Sbi Life Insurance is the joint venture of Sbi of India and Cardif of France .Its one of the leading Private Insurance company in India.SBI Life Insurance is registered with an authorized capital of Rs 500 crore and a paid up capital of Rs 500 crores. SBI owns 74% of the total capital and Cardif the remaining 26%.Cardif is ranked 2nd worldwide in creditor’s insurance offering protection to over 35 million policyholders and net income in excess of Euro 1 billion mark. Cardif has also been a pioneer in the art of selling insurance products through commercial banks in France and 34 more countries.With Sbi Lfe, we can make our life as an most enjoyable one with no worryness.
SBI Life Insurance’s mission is to emerge as the leading company offering a comprehensive range of Life Insurance and pension products at competitive prices, ensuring high standards of customer service and world class operating efficiency.
SBI Life Insurance is uniquely placed as a pioneer to usher bancassurance into India. The company hopes to extensively utilise the SBI Group as a platform for cross-selling insurance products along with its numerous banking product packages such as housing loans and personal loans. SBI’s access to over 100 million accounts provides a vibrant base to build insurance selling across every region and economic strata in the country.