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Axis Max Life Launches AI-Powered Bandhan 2.0

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RBI Grade BNABARD ESISEBI
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Context:

Axis Max Life Insurance Ltd. has unveiled Bandhan 2.0, an AI-enabled augmented reality (AR) platform designed to revolutionize employee onboarding through immersive digital experiences, gamified learning, and leadership interaction.

Key Features of Bandhan 2.0

  • Scalable & Self-Paced Induction: Accessible on mobile and desktop, available in English and Hindi, supporting remote onboarding from day one.
  • Virtual Leadership Engagement: Offers direct access to strategic insights from Axis Max Life’s top leadership, fostering early alignment.
  • Gamified Learning Modules: Introduces new hires to the company’s history, core values, and workplace culture through interactive experiences.
  • Faster Onboarding Time: Reduces induction duration, enabling quicker integration and productivity.
  • Real-Time HR Dashboards: Tracks onboarding progress and ensures automated compliance and performance metrics.
  • Uniform Access Across Geographies: Fully cloud-based system offers consistent experiences for all employees, regardless of location.
  • Digital Transformation Alignment: Reinforces the company’s broader push for future-ready HR operations and digital scalability.

Strategic Impact

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  • The platform is expected to benefit thousands of employees annually, with 60-day post-joining access to support continuous learning.

About Axis Max Life Insurance Ltd.

  • A joint venture between Max Financial Services Ltd. and Axis Bank, the company reported a gross written premium of ₹29,529 crore in FY2023-24.
  • Known for its customer-centric approach, multi-channel distribution, and digitally enabled insurance solutions.
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