Canara Bank has entered into an MoU with LIC of India for the social security measures launched by the central government. The bank will offer Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) cover and United India Insurance (UIICL) for Pradhan Mantri Suraksha Bima Yojana (PMSBY) insurance to its eligible customers.

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