The aim of this research paper is to obtain explicit expressions of (i) 1F1[α2α+i;x].1F1[β2β+j;x] (ii) 1F1[α2α−i;x].1F1[β2β−j;x] (iii) 1F1[α2α+i;x].1F1[β2β−j;x] in the most general form for any i,j=0,1,2,… For i=j=0, we recover well known and useful identity due to Bailey. The results are derived with the help of a well known Bailey's formula involving products of generalized hypergeometric series and generalization of Kummer's second transformation formulas available in the literature. A few interesting new as well as known special cases have also been given.