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Insurance Business

Punjab National Bank has taken a number of initiatives for the benefit of its invaluable customers and has virtually become one stop shop for various financial products & services.

Life Insurance

# PNB MetLife Insurance Co. Ltd (PNB MetLife) is an associate of Punjab National Bank, wherein MetLife International Holdings Inc and Punjab National Bank are the shareholders to the extent of 26% and 30% respectively.

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.


  • 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 sale. Participation 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 CA0256.

For Payments & Know More About Products and Services of PNB MetLife India Insurance Company Limited

Click here for Disclosure of Life Insurance commission and fees

General Insurance

To provide our customers wide range of financial services and under Open Architecture model of IRDAI, our bank entered into corporate agency tie-up with 4 channel partners.

  • Oriental Insurance Co. Ltd. (OICL), a PSU(Health & General Insurance)
  • New India Assurance Co. Ltd (NIACL), a PSU(Health & General Insurance)
  • Bajaj Allianz General Insurance Co. Ltd(BAGIC), (Health & General Insurance)
  • Religare Health Insurance Co. Ltd (RHICL), (Stand Alone Health Insurance)

All the 3 general insurance partners are offering an array of products e.g. Fire Insurance, Motor Vehicle Insurance, Marine Insurance & Misc. Insurance Policies like Shop-keepers’ Policy; Theft/Burglary Policy; Fidelity Guarantee Policy; Personal Accident Policy; Overseas Travel Insurance Policy, House Hold Goods Policy and customized Health Insurance Policy specifically designed for PNB customers, etc. at a competitive price with assured post sale services.

Our SAHI (Stand Alone Health Insurance) partner i.e. RHICL offering all ranges of health insurance products specially designed for PNB customer at a competitive price with assured post sale services.

The customized products offered by our channel partners are one of the best in the industry. For the ease of our customers, the comparative chart of Health Insurance Policies offered by channel partners is as follows:

Click here for Comparative Sheet for health insurance products of all insurance partners

Click here for Disclosure Of General Insurance Commission and Fees

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