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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.

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 with wide range of bancassurance services and as per open architecture model of IRDAI, our bank has entered into corporate agency tie-up with 5 Insurance companies.

  • Oriental Insurance Co. Ltd. (OICL), (General Insurance)
  • Bajaj Allianz General Insurance Co. Ltd. (BAGIC), (General Insurance)
  • Chola MS General Insurance Co. Ltd. (CHOLA), (General Insurance)
  • Religare Health Insurance Co. Ltd (RHICL), (Stand Alone Health Insurance)
  • Star Health and Allied Insurance Co Ltd., (Stand Alone Health Insurance)

All General Insurance partners are offering an array of products e.g. Fire Insurance, Motor 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 & STAR HEALTH are 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 above mentioned insurance companies are one of the best in the industry. For the ease of our customers, the comparative chart of Health Insurance Policies offered by above mentioned companies is as follows:

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

Click here for Disclosure of General Insurance Commission and Fees


  • 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 under the license number CA0256.

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