IndiaFirst Life Insurance Company is a joint venture of India's public sector banks (Bank of Baroda (. The company has paid-up share capital of ₹ 663 crore. It was incorporated in November 2009 and is headquartered in Mumbai. It recorded more than INR 2 billion in turnover in just four and a half months since the insurance company became operational. IndiaFirst Life Insurance follows the "Bancassurance" (Bank Insurance Model) which uses the existing customer base of the promoter banks. As of June 2021, the company has more than 3100 employees. More information...
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