Jaipur-based NBFC Namdev Finvest has partnered with Bajaj Allianz General Insurance to provide comprehensive financial solutions, including insurance and NBFC services, and to elevate customer service to unprecedented heights.
The alliance combines Namdev’s substantial client network and regional reach with Bajaj General Insurance’s insurance product expertise. As a result, the integrated products and services are scheduled to be introduced in stages, with the first offerings available in major areas. By the end of the year, these integrated products and services will be offered in all branches, assuring national coverage.
According to Jitendra Tanwar, Managing Director, Namdev Finvest, this collaboration enhances the company’s product offerings and delivers integrated financial solutions that meet the evolving needs of its customers.
As part of the agreement, Namdev aims to expand its product offering and provide total risk coverage for assets, thereby adding value to its customers.
Simultaneously, Bajaj General Insurance intends to use Namdev’s extensive client base to create specialised insurance products and expand its market reach. Both organisations intend to simplify the consumer experience by offering a one-stop shop for all financial needs, including loans, credit facilities and insurance services.
Alpana Singh, Head-Bancassurance, Agri and Govt Business, Bajaj Allianz General Insurance, opines that combining Bajaj Allianz’s expertise in insurance products with Namdev Finvest’s customer network of over 100 branches and significant geographic presence, aims to deliver unmatched value and protection.