AGL 5.95 Decreased By ▼ -0.13 (-2.14%)
ANL 9.26 Decreased By ▼ -0.14 (-1.49%)
AVN 80.82 Decreased By ▼ -0.64 (-0.79%)
BOP 5.20 Decreased By ▼ -0.07 (-1.33%)
CNERGY 4.86 Decreased By ▼ -0.04 (-0.82%)
EFERT 81.82 Increased By ▲ 0.27 (0.33%)
EPCL 53.94 Decreased By ▼ -0.06 (-0.11%)
FCCL 14.29 Decreased By ▼ -0.11 (-0.76%)
FFL 5.93 Decreased By ▼ -0.12 (-1.98%)
FLYNG 7.44 Decreased By ▼ -0.12 (-1.59%)
FNEL 4.95 Decreased By ▼ -0.05 (-1%)
GGGL 9.18 Decreased By ▼ -0.14 (-1.5%)
GGL 16.51 Decreased By ▼ -0.19 (-1.14%)
HUMNL 6.14 Increased By ▲ 0.45 (7.91%)
KEL 2.77 Decreased By ▼ -0.02 (-0.72%)
LOTCHEM 30.81 Increased By ▲ 0.26 (0.85%)
MLCF 27.45 Decreased By ▼ -0.34 (-1.22%)
OGDC 74.27 Increased By ▲ 0.27 (0.36%)
PAEL 15.98 Decreased By ▼ -0.21 (-1.3%)
PIBTL 5.21 Decreased By ▼ -0.02 (-0.38%)
PRL 17.01 Decreased By ▼ -0.28 (-1.62%)
SILK 1.10 Increased By ▲ 0.01 (0.92%)
TELE 10.00 Decreased By ▼ -0.04 (-0.4%)
TPL 7.65 Decreased By ▼ -0.05 (-0.65%)
TPLP 19.41 Decreased By ▼ -0.36 (-1.82%)
TREET 22.72 Decreased By ▼ -0.47 (-2.03%)
TRG 146.80 Decreased By ▼ -0.55 (-0.37%)
UNITY 17.09 Decreased By ▼ -0.10 (-0.58%)
WAVES 10.33 Decreased By ▼ -0.05 (-0.48%)
WTL 1.42 Decreased By ▼ -0.04 (-2.74%)
BR100 4,330 Increased By 3.4 (0.08%)
BR30 16,296 Increased By 46.9 (0.29%)
KSE100 42,904 Increased By 23.3 (0.05%)
KSE30 15,805 Decreased By -4.6 (-0.03%)
Follow us

KARACHI: As part of providing tailored solutions and unique value added features for our customers, Silkbank has launched All-in-One Current Account offering complimentary insurance coverages in collaboration with TPL Insurance as an insurance solution provider.

To mark the occasion, an MoU signing ceremony was held at the Silkbank Head Office, Karachi on 29th June 2022. Present at the ceremony from Silkbank were Vaqar Hussain Khan - Head of Bancassurance, Ali Kashif Rizvi - Head of Treasury and Financial Institutions and Arsalan Raza - Product Manager Deposits. Present from TPL Insurance were, Aurangzeb Javed Siddiqui - Head of Financial Institutions Group (FIG), and Mansoor Iqbal - Manager (FIG).

All-in-One Current Account is tailored to be an ultimate power packed current account that provides various complimentary protections and transactional benefits for its customers. Unlike most retail based banks that do not offer many value added features to theircurrent account customers, this alliance will allow individuals maintaining an average balance of Rs. 100,000 and above with Silkbank to avail FOC value-added features such as health, life and travel insurance via TPL Insurance. Being digitized, it would be the first of its kind on current accounts with fastest claim processing.

Speaking on the occasion, Aurangzeb J. Siddiqui – Head of FIG, TPL Insurance said, “Through our collaboration with Silkbank, our focus is to reach large audiences to build awareness and usage of our innovative insurance solutions. Moreover, through its Insurtech platforms, TPL Insurance intends to provide Silkbank customers with the experience of real time & hassle-free insurance and claim servicing.”

Talking about the initiative, Anwar ul Haq Majeed - Head of Branch Banking & Consumer Assets, Silkbank said, “We are excited to start this new journey with TPL Insurance by adding innovative and rewarding solutions for our customers. This collaboration will enable our customers to opt for complimentary insurance coverages while enjoying several free of charge transactional benefits. Silkbank Limited is committed to continuously strengthening its retail product suit with laser sharp focus on service delivery and innovative products.”

Copyright Business Recorder, 2022

Comments

Comments are closed.

Silkbank and TPL Insurance launch All-in One Current Account

Turkish companies urged to make investments

Govt plans to deregulate POL products’ market by 2027

Rice import: PM thanks Azeri President for 5-year tax holiday

PM welcomes prospects of ECO’s outreach to CARs

Suspected consignments, delinquent staff: FBR endorses DGI&I Sost’s enforcement action

Tax reforms recommendations to FBR: Supertax has successful large businesses: PBC

Energy conservation: stern measures on the cards

Payments to Google: SBP rejects allegations

Amin urges Dar to ‘direct’ SBP to make payments

FBR widens probe into tax record leak of COAS, family