Pnb Metlife Bachat Yojana
vs
Fixed Maturity Plan

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  • Multiple sum assured options
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Pnb Metlife Bachat Yojana vs Fixed Maturity Plan

Pnb Metlife Bachat Yojana

To Save More, Invest Smartly with the PNB Met Life Bachat Yojana. PNB MetLife Bachat Yojana plan is a long-term saving plan with the benefit of assured life cover. Under this plan, you can pay premiums for 10 years while enjoying life insurance coverage for 15 years. If you pass away during the poli...

Fixed Maturity Plan

Aditya Birla Sunlife Fixed Maturity Plan is a non-linked, non-participating endowment product providing fully guaranteed benefits as a lump-sum on maturity. ABSLI Fixed Maturity Plan is a savings vehicle that offers life insurance protection and savings advantages to protect your loved ones from fin...

PLAN DETAILS

Pnb Metlife Bachat Yojana


Fixed Maturity Plan

Premium Including GST
Key Features
(Key features of the plan)
  • Long-term Saving Plan
  • Earn Cash Bonuses Yearly
  • Lower Premiums
  • Tax Benefits u/s 80C & 10 (10D)
  • Single Premium
  • ZERO Withdrawal Charges
Plan Uniqueness
  • Long-term Saving Plan
  • Earn Cash Bonuses Yearly
  • Lower Premiums
  • Policy loan
  • Enhanced sum assured
  • Tax benefit
Plan Maturity age Maximum Maturity Age - 75 years 70 years
Premium payment term 10 years, Limited Pay Single, Limited, Regular
Plan Entry Age Minimum Age - 20 years Maximum Age - 60 years 8 years
Sum assured Rs. 64,800 to Rs 5,00,000 Rs. 15000- no limit
Premium payment frequency Annual, half-yearly, quarterly & monthly Single, Limited, Regular
Plan Sample Premium - -
Plan Brochure Brochure URL Brochure URL
Policy tenure 15 years Minimum-5 to Maximum-10 years.
Claim Settlement Ratio (2023-24) Minimum Age - 3 year 98.12

Know More About Plans

Overview

To Save More, Invest Smartly with the PNB Met Life Bachat Yojana.

PNB MetLife Bachat Yojana plan is a long-term saving plan with the benefit of assured life cover. Under this plan, you can pay premiums for 10 years while enjoying life insurance coverage for 15 years. If you pass away during the policy term, your family shall receive a sum assured along with a bonus (if any). 

On the other hand, you'll receive a sum assured, along with a bonus as a maturity benefit if you outlive the policy term. However, the policy will start earning cash bonuses after three years, which will be added at the end of the policy year. With PNB SBachat Yojana, you'll get the dual benefits of insurance and disciplined savings at highly affordable premiums.

PNB MetLife Bachat Yojana Plan offers you a range of benefits including:

why-choose
  • Death Benefit
  • Cash Bonuses
  • Maturity Benefits
  • Surrender Value
  • Policy Revival
  • Availability of Riders

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Bijender Singh

Reviewed By: Bijender Singh

With 9 years of progressive experience in the insurance industry, including 7 years at Policy X, I have honed my expertise in Life and Health Insurance. My strengths lie in devising customer-centric solutions, streamlining insurance processes, and delivering exceptional service. I have successfully led high-performing teams, excelling in business planning, manpower management, and strategic decision-making.