IDBI Federal Life Insurance Co. Ltd.

Company Overview

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. Having started in March 2008, in just five months of inception, IDBI Federal became one of the fastest growing new insurance companies by garnering Rs 100 Cr in premiums. Through a continuous process of innovation in product and service delivery IDBI Federal aims to deliver world-class wealth management, protection and retirement solutions that provide value and convenience to the Indian customer. The company offers its services through a vast nationwide network of 2,118 partner bank branches of IDBI Bank and Federal Bank in addition to a sizeable network of advisors and partners. As on 30th June 2013, the company has issued nearly 5 lakh policies with a sum assured of over Rs. 29,000 Cr.  

About IDBI Bank

IDBI Bank Ltd. continues to be, since its inception, India’s premier industrial development bank. It came into being as on July 01, 1964 (under the Companies Act, 1956) to support India’s industrial backbone. Today, it is amongst India’s foremost commercial banks, with a wide range of innovative products and services, serving retail and corporate customers in all corners of the country from 1082 branches and 1715 ATMs. The Bank offers its customers an extensive range of diversified services including project financing, term lending, working capital facilities, lease finance, venture capital, loan syndication, corporate advisory services and legal and technical advisory services to its corporate clients as well as mortgages and personal loans to its retail clients.  

About Federal Bank

Federal Bank is one of India’s leading private sector banks, with a dominant presence in the state of Kerala. It has a strong network of over 1107 branches and 1231 ATMs spread across India. The bank pro

Date of Incorporation
IDBI Federal Life Insurance Co. Ltd. was incorporated on 01 Mar 2008

Stake Holding
In this venture, IDBI Bank owns 48% equity while Federal Bank and Ageas own 26% equity each.
Key Executives for IDBI Federal Life Insurance Co. Ltd.
G V Nageshwar Rao
Abhijeet Powdwal
Vice President of Marketing
Alok Kalra
Assistant Vice President of Brand
Aneesh Srivastava
Chief Investment Officer
Plans offered by IDBI Federal Life Insurance Co. Ltd.
  •   Investment
Contact Information
Head Office:
IDBI Federal Life Insurance Co. Ltd.,
Corporate Office: IDBI Federal Life Insurance Company First Floor, Trade View, Oasis Complex, Kamla City, PB Marg, Lower Parel (West), Mumbai 400 013, Maharashtra Ph: 1800 209 0502
Send your query at:
Insurance is the subject matter of solicitation.
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