Summary:
Vakrangee Limited has joined hands with SBI General Insurance to distribute a wide range of insurance products through its Vakrangee Kendras, most of which are located in Tier 4 to Tier 6 towns and villages. The collaboration aims to strengthen financial inclusion by making insurance affordable, accessible, and comprehensive for underserved communities across India.
Expanding Insurance Reach
Under the partnership, Vakrangee Kendras will now offer multiple general insurance products, including:
- Motor insurance
- Health insurance
- Home insurance
- Travel insurance
- Personal accident insurance
This initiative is designed to bridge the protection gap in rural and semi-urban India, where citizens often lack access to formal financial security.
Empowering Rural India
Commenting on the collaboration, Vedant Nandwana, Managing Director of Vakrangee Limited, said:
“Through this collaboration, our extensive Vakrangee Kendra network will now be able to offer a comprehensive range of general insurance products to every corner of the country. By making insurance accessible and affordable at the grassroots level, we aim to empower families across Bharat with financial protection, security, and peace of mind against life’s uncertainties.”
Vakrangee’s Nationwide Network
Vakrangee Kendras are exclusive, branded last-mile outlets that deliver multiple essential services, including:
- Banking and insurance
- Assisted e-commerce
- E-governance
- ATM services
- Healthcare solutions
With over 83% of its outlets situated in Tier 4 to Tier 6 towns and villages, Vakrangee is uniquely positioned to expand the reach of insurance in some of India’s most remote and underserved geographies.
About the Partnership
- Vakrangee Limited is a registered Corporate Agent (IRDAI Reg. No: CA0249) of SBI General Insurance.
- SBI General Insurance, one of India’s fastest-growing private general insurers, brings with it a legacy of trust, protection, and financial reliability.
- The tie-up supports Vakrangee’s vision of being a “one-stop solution” for essential services, in line with its brand promise: “Ab Poori Duniya Pados Mein” (Now the whole world is in your neighborhood).
Strategic Significance
This collaboration is more than just a distribution partnership — it represents a step forward in financial inclusion, ensuring that millions of rural households gain access to affordable insurance for the first time. It underscores the shared vision of Vakrangee and SBI General Insurance to democratize financial services and extend protection to those most in need.
Disclaimer:
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