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About PNB MetLife India Insurance Company Limited

PNB MetLife India Insurance Company Limited (PNB MetLife) is a joint venture where MetLife, Inc. and Punjab National Bank (PNB) are the majority shareholders. PNB MetLife was previously known as MetLife India Insurance Company Limited (MetLife India). MetLife India had been present in India since 2001.

PNB MetLife brings together the financial strength of one of the world’s leading life insurance providers, MetLife, Inc., and the credibility and reliability of Punjab National Bank, one of India's oldest and leading nationalized banks. The vast distribution reach of PNB together with the global insurance expertise and product range of MetLife makes PNB MetLife a strong and trusted insurance provider.

The Company is present in over 150 locations across the country and serves customers in more than 7,000 locations through its bank partnerships with PNB, the Jammu & Kashmir Bank Limited and Karnataka Bank Limited.

PNB MetLife provides a wide range of protection and retirement products through its Agency sales of over 24,000 financial advisors and bank partners, and provides access to Employee Benefit plans for over 800 corporate clients in India. With its headquarters in Bangalore and Corporate Office in Gurgaon, PNB MetLife is one of the fastest growing life insurance companies in the country. The Company continues to be consistently profitable and has declared profits for tenconsecutive quarters as of Q3 2012-13.


Popular products of PNB MetLife:

Met Monthly Income Plan (117N050V01):

§  Guaranteed* tax free** regular monthly income (second income) for 15 yrs.

§  Create assets through lump-sum bonus payouts* at maturity.

§  Protection for your family in case of eventuality.              


For more information,click here:



Met Suvidha Par/Non Par (117N017V01/117N018V01)

§  Flexible endowment plan for savings & security.

§  Choice of policy terms and premium paying terms.

§  Product for achieving long term and medium term financial goals

§  Tax benefits under Section 80C and 10(10) D


For more information, click here:



Met Smart Platinum (117L066V01):

§  A whole life unit linked plan.

§  Customized protection & investment solutions as per your needs.

§  Complete control of investments through auto rebalancing & systematic transfer options.

§  Tax benefits under Section 80C and 10(10)D


For more information, click here:



Met Money Back (117N075V01):

§  A non-participating, regular premium anticipated endowment plan.

§  Regular survival benefits of 10% of Sum Assured payable on the completion of 5th Policy year up to 9th Policy year.

§  Total benefits of 110% of Sum Assured payable during the policy term

§  In case of unfortunate demise of life insured, 100% of Sum Assured will be paid irrespective of the survival benefits already paid.

§  Tax benefits under Section 80C and 10(10)D


For more information, click here:



Met Flexi Shield (117N054V01)

§  Single Premium, pure term policy that protects your Home and Education Loans

§  A plan that covers the outstanding loan liability so that the burden of loan does not affect the family financially in case of death

§  Simple enrollment process

§  Premiums paid and benefits received under this plan are eligible for tax benefits**


For more information, click here:

Rural Products: Met Vishwas(117N042V01)/Met Grameen Ashray (117N063V01):

§  Micro insurance products with guaranteed* saving, returns and security.


*Conditions apply**Tax benefits are as per provisions of Income Tax Act & subject to change.

For more information, click here:



♦Insurance is the subject matter of the solicitation. ♦For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a saleParticipation by customers is on voluntary basis. ♦Contract will be between Insured & Insurer and not between Insured & the Bank. Punjab National Bank is a licensed Corporate Agent of PNB MetLife under the license number 8512989.

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