PNB MetLife India Insurance has announced an annual bonus of ₹1,041 crore for the financial year 2024-25, as per the reports. This is the highest bonus declared by the company to date and reflects a 12% increase from the previous year’s bonus of ₹930 crore.
The bonus applies to participating policies that are in force as of March 31, 2025. These include with-profit life insurance policies where policyholders are entitled to a share of the insurer’s surplus. A total of 5.68 lakh participating policyholders are eligible for this bonus.
Out of the total ₹1,041 crore, ₹53.43 crore will be distributed as cash and maturity bonuses in FY25. The remaining amount will be paid on maturity, surrender, or claim settlement in FY26, depending on policy conditions. The bonus components include reversionary bonuses (up to 10% of the sum assured) and cash bonuses (up to 1.90%), subject to the policy’s terms and plan type.
This is the 22nd consecutive year PNB MetLife has declared an annual bonus for its participating policyholders. The company has maintained a regular bonus payout track record over 2 decades.
PNB MetLife currently operates through 155 branches across India and extends its services to over 20,000 locations through its bank partner network. Its product offerings include insurance plans for child education, savings, protection, and retirement.
Read more: PNB MetLife With Policybazaar Launches New Pension Multicap Fund Under ULIP!
The bonus declaration follows a similar announcement by Ageas Federal Life Insurance, which declared a total bonus of ₹176.32 crore for FY25. This marked a 31% increase over its previous year’s bonus.
PNB MetLife’s FY25 bonus of ₹1,041 crore will be shared with over 5.68 lakh policyholders under eligible plans. The distribution will take place through a combination of immediate and deferred payouts, depending on policy status and terms.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 18, 2025, 1:22 PM IST
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