Canara HSBC Life Insurance Company Limited IPO

Established in 2007, Canara HSBC Life Insurance Company Limited operates as a private life insurance provider in India. The company is a joint venture promoted by two major financial institutions: Canara Bank and HSBC Insurance (Asia-Pacific) Holdings Limited.

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The company’s operations are divided into several key business verticals, offering a comprehensive suite of products. These include Individual Life Insurance (covering savings, endowment, and term plans), Group Insurance Solutions (like credit life and protection plans), specialized Retirement & Pension Products, and participation in Government Schemes such (as PMJJBY). Additionally, the company focuses on Digital Insurance Distribution and forming Embedded Insurance Partnerships.

How do I apply for the Canara HSBC Life IPO?

You can apply for the Canara HSBC Life IPO using any supported UPI app by following two steps:

• Enter your bid on rocket
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.