On Wednesday Private insurance Company- Canara HSBC Oriental Bank of Commerce Life Insurance propelled CHOICeNET portal. This portal is the part of banassurance. Through this portal the bank employees will provide the information for their user life insurance policies.
This new portal launched by the company is embedded with the partner banks' intranet. Through this the insurance company will easily check the information of insurance policy details and will also enable them to track the progress of applications. This initiative will increase the trust of the customers on the bank.
This portal will also help the customers, it will enable them to renew premium payment using direct debit on Canara Bank and OBC's Core Banking System. CHOICeNet is an innovative portal launched to reach out the customers of the Canara Bank and OBC. This portal will facilitate bank provide end-to-end information for their customers' life insurance policies.