Mumbai, Feb. 2 -- ESAF Small Finance Bank on Friday announced a bancassurance partnership with Edelweiss Tokio Life Insurance to enhance financial solutions available to customers.

ESAF is a small finance bank headquartered in Thrissur while Edelweiss Tokio Life Insurance is a joint venture between Edelweiss Group of India, and Tokio Marine Holdings of Japan.

The partnership plays a crucial role in ESAF Small Finance Bank's strategy to expand its range of offerings, demonstrating its commitment to providing financial security to a wider segment of the unbanked and under-banked population.

Edelweiss Tokio Life Insurance MD & CEO Sumit Rai said, the new collaboration will improve their customer understanding in the region to bring innova...