From correspondents in West Bengal, India, 05:03 PM IST

Life insurance company Tata AIG and Allahabad Bank joined hands Wednesday to provide mortgage term insurance facilities to the bank's housing loan customers.

Announcing the tie-up at a media meet here, Allahabad Bank executive director J.P. Dua said, 'We recognise the need to offer our customers best of products and services beyond core banking. The tie-up for mortgage insurance is a significant step in that direction.'

(Staff Writer, © IANS)