The Sahara Pariwar’s latest foray is in the field of Life Insurance. The Pariwar’s life insurance company – Sahara India Life Insurance Company Ltd.- has been granted licence by the insurance regulator – the IRDA on 6th February 2004. With this approval Sahara India Life Insurance Company Ltd. becomes the first wholly and purely Indian company, without any foreign collaboration to enter the Indian Life insurance market. The launch is with an initial paid up capital of 157 crores. The Chairman of the company is Shri Subrata Roy Sahara who is also the Chairman of Sahara Pariwar. 

The members of the board are:

Name	Designation
Shri Subrata Roy Sahara	Chairman
Smt. Swapna Roy	Director
Shri O.P. Srivastava	Director
Shri Amitabh Ghosh	Director
Shri Prabha Shankar Mishra	Director
Shri A.C. Mukherjee	Director
N.P. Bali	Director

The senior officials of the company are as follows:

 

Name	Designation	Tel. No.
Shri N.P. Bali	Chief Executive Officer(Officiating) and Director, Chief Marketing Officer & Chief Business Development Officer	0522-2336397 0522-2331753
Shri. Pravir Chandra	Appointed Actuary	0522-2331077
Shri S. Rajagopalan	Chief Investment Officer	022-66756231
Shri Sanjay Agarwal	Chief Financial Officer	0522-2329568
Mr. Parakh Tandon	Company Secretary, Compliance Officer & Grievance Redressal Officer	0522-2337777

The registered office of the Company is at Lucknow:

Registered Address:
COMMAND OFFICE: Sahara India Bhawan,
1, Kapoorthala Complex, Aliganj,
Lucknow- 226024
Tel No. : 0522-2337777
Fax : 0522 – 2378200