Janashakthi Insurance (Janashakthi Life) has partnered with Cargills Bank to introduce co-branded credit card for its customers in Sri Lanka.

Both current and new Janashakthi Life customers can use the new card at a premium value of LKR10,000 or above per month.

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Cardholders will be able to avail a credit limit of up to LKR500,000.

Janashakthi Insurance director and CEO Jude Fernando said: “We want to add value to our loyal customers by offering them benefits that would uplift their quality of lives.

“At Janashakthi Life, we are happy to find a likeminded partner in Cargills Bank, who understand this and are committed to providing our collective customer base with better service and solutions every day.”

The new cards feature benefits and discounts that are offered on other Cargills Bank credit cards.

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Cargills Bank portfolio comprises Mastercard Gold, Titanium and Platinum contactless credit cards with up to 55 days of credit period.

Cargills Bank managing director and CEO Rajendra Theagarajah said: “This solution will enable Janashakthi Life insurance customers to avail themselves to a variety of augmented services with Cargills Group and many more partner merchants connected to Cargills Bank.

“We will continue to leverage our synergies and confident that this new initiative will add meaningful value to our customers across the country.”

Last year, the companies partnered to bring a cash management solution to Janashakthi Life customers, who will be able pay their premiums via the Cargills network.