IRDAI Registration No. IDBI Bank is likely to sell 23 per cent stakes in IDBI Federal Life Insurance Co to Belgian multinational insurer Ageas Insurance International. Pursuant to sale of 23% holding representing 18,40,00,000 shares to Ageas for a consideration of Rs.507.10 crore, IDBI Bank's shareholding in IFLI now stands at 25% … IDBI Federal Life Insurance | 31,610 followers on LinkedIn. Know More Request Call Back Download … This plan is a participating traditional Whole life … Key Features . Build your wealth with the flexibility of monthly or annual payment options . 135, 19th Dec, 07. Insurance is the subject matter of the solicitation. IDBI Federal Life Insurance Corporation Limited is a joint-venture of IDBI Bank, Federal Bank, one of India’s leading private sector banks, India’s premier development and commercial bank and Ageas, a multinational insurance giant based out of Europe. IDBI Federal insurance provides a national wide network of 2754 branches. One can solve their issues regarding the products by visiting the branch or make a call to the helpline number. IDBI Federal My Life Protection Plan is a non-linked, non-participating, individual life, pure risk premium product which enables you to help your loved ones dream big and ensure to protect it. According to Karthik Raman, CMO & Head – Products, IDBI Federal Life Insurance, the company’s strategy to adopt a contrarian stand- focused on health & wellness – looks to have become the ‘new normal’ in these circumstances. IDBI Bank completed sale transaction of its 23 per cent stake to Ageas Insurance International on December 31, 2020. Read more about working at IDBI Federal Life Insurance. IDBI Federal Life Insurance Customer Care – Email ID. 135, 19th Dec, 07. IRDAI Registration No. IDBI Federal Life Insurance Returns/Performance The company earlier operated under the name of IDBI Fortis Life Insurance Company and later in 2010 when Fortis changed its name to Aeges, the name of the company was changed too. Registered Address: IDBI Federal Life Insurance Co Ltd, 22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East),Mumbai 400013, India. The IDBI Federal Life Insurance Company provides customer care services for the policyholders who are searching for IDBI Federal Life Branch Offices in Udupi. 324 IDBI Federal Life Insurance Reviews by current and past employees about salary & benefits work culture skill development career growth job security work-life balance and more. IRDAI Registration No. IDBI Federal Life Insurance About An astute Sales and Distribution professional with more than 20 years of experience across Life Insurance, Auto Finance and Agricultural Products industries. Insurance is the subject matter of the solicitation. Official Mobile Application from “IDBI Federal Life Insurance Company Limited”. Insurance is the subject matter of the solicitation. Customers can also reach out to the customer support team at IDBI Federal via email for resolution of any queries or complaints regarding their policy or application. IDBI Federal Life Insurance is a life insurance company in India that offers a wide range of protection, retirement, and capital management solutions to individual and corporate customers.. IDBI Federal Insurance commenced its operations from 2008. Know More Request Call Back Download Brochure. Corporate Identity Number (CIN) – U66010MH2007PLC167164. It is one of the fastest growing life insurance companies and offers a diverse range of wealth management, protection and retirement solutions to … 135, 19th Dec, 07. IDBI Bank on Thursday said that it has completed sale transaction of its 23% stake in IDBI Federal Life Insurance Company Limited (IFLI) to Ageas Insurance International JV … IDBI Federal Life Insurance Guaranteed Income Plan offers customers an end-to-end digital process for ease of purchase, as well as quick issuance of the policy. With this transaction, the stake of the Belgian partner in IDBI Federal Life Insurance Co Ltd (IFLI) has risen to 49 per cent, the upper foreign direct investment limit prescribed by the law. IDBI Bank has completed stake sale of 23% of joint venture IDBI Federal Life Insurance Company to Ageas Insurance International NV. The comprehensive insurance package is provided by a team of 3 premier market giants- IDBI, which is a reputed Indian commercial bank, Federal bank which is another known private bank … IDBI Federal Lifesurance Whole Life Savings Insurance Plan is a whole life plan covering the policyholder till 100 years thereby taking care of protection requirement throughout the life of the individual. Following this transaction, the joint venture has been rebranded to Ageas Federal Life Insurance Company. Presently, IDBI Bank has completed the sale of its 23% stake to Ageas pursuant to receipt of the requisite regulatory approvals. Empowering you to create the life and lifestyle of your choice | Hello. Corporate Identity Number (CIN) – U66010MH2007PLC167164. Check details, benefits, eligibility and read reviews at PolicyBazaar. It means, there is tax benefit available on investment, there is no tax on accrual and when product matures. What is ULIP? Compare IDBI Federal Life insurance Savings Plan with other insurance plans. Registered Address: IDBI Federal Life Insurance Co Ltd, 22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East),Mumbai 400013, India. Wealth Gain Insurance Plan. IDBI Federal Life Insurance Co Ltd. is a three way joint-venture of IDBI Bank, an Indian development and commercial bank; Federal Bank, one of India’s leading [peacock term] private sector banks and Ageas, a multinational insurance giant based out of Europe. IDBI Federal Life Insurance is a joint venture between IDBI Bank, Federal Bank and Ageas, a multinational insurance giant based in Europe. The Company is a joint venture of IDBI Bank, India’s premier industrial development bank, Federal Bank, a major Indian commercial bank and Ageas, a multinational insurance giant based out of Europe. With this transaction, the stake of the Belgian partner in IDBI Federal Life Insurance Co Ltd (IFLI) has risen to 49 per cent, the upper foreign direct investment limit prescribed by the law. It offers various convenient and affordable life insurance products like term plans, ULIPs, savings plans, and retirement solutions. The IDBI Federal Life Insurance Company has been renamed as Ageas Federal Life Insurance Company after Belgian multinational insurer Ageas Insurance International (Ageas) bought 23 … IDBI Bank has completed sale transaction of its 23% stake in IDBI Federal Life Insurance Company to Ageas Insurance International JV on 31 December 2020 pursuant to receipt of the requisite regulatory approvals. Under the transaction, IDBI … IDBI Federal Life Insurance Co Ltd is a joint-venture of IDBI Bank, India’s premier development and commercial bank, Federal Bank, one of India’s leading private sector banks and Ageas, a multinational insurance giant based out of Europe. With this transaction, the stake of the Belgian partner in IDBI Federal Life Insurance Co Ltd (IFLI) has risen to 49 per cent, the upper foreign direct investment limit prescribed by the law. IDBI Federal Life Insurance is a reputed name in the Insurance sector. Corporate Identity Number (CIN) – U66010MH2007PLC167164. Search for IDBI Federal Life Udupi Customer Care Center can be eased through the information provided here. The numbers are 1800 209 0502 (For customer service), and 1800 102 6166 (for online products). Most life insurance products follow exempt-exempt-exempt (EEE) taxation. This application is developed to service needs of our esteemed customers. Registered Address: IDBI Federal Life Insurance Co Ltd, 22nd Floor, A Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel (East),Mumbai 400013, India. LIC-controlled IDBI Bank on Thursday said it has sold 23 per cent stake in life insurance venture to foreign partner Ageas for Rs 507 crore. 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