PNB Metlife Investment Plans

PNB Metlife Investment plans In India

PNB MetLife India Insurance Company Limited (PNB MetLife) is one of the best life insurance companies in India. Its shareholders are MetLife International Holdings LLC (MIHL), Punjab National Bank Limited (PNB), Jammu & Kashmir Bank Limited (JKB), M. Pallonji and Company Private Limited and many other private investors, MIHL and PNB are the major shareholders. PNB MetLife has been in the Indian insurance market since 2001.

PNB MetLife comes out with a financial strength of a leading global life insurance provider, MetLife, Inc.,and the trust of PNB, one of India's oldest and leading nationalised banks. The vast distribution reach of PNB together with the global insurance expertise and product range of MetLife makes this insurance company a strong and trustworthy organization.

Advantages of PNB MetLife Plans

There are numerous benefits of PNB MetLife Plans are highlighted below:

Affordable – One should go for PNB metlife plans as they are available at a low premium, ensuring that they utilize their cash judiciously.
Bonus – Pnb Metlife retirement plans earn bonuses, ensuring that the initial investment gives returns over time. This facilitates in beating inflation and growing expenses of medical costs.
Tax savings – You could avail tax advantages at the premium and any amount received, as in keeping with the current provisions of the Income Tax Act.
Flexibility – You can still pick the premium and sum assured, based on their present-day desires and future expectancies.
Limited premium – One wishes to pay the premium for a selected time period, with the policy cover for an extended period.
Protection – Those plans offer financial protection in the occasion of the loss of life of the policyholder.
Loans – Certain schemes, offer loans to policyholders to satisfy emergency financial requirements.

Types of PNB MetLife Investment plans

We know when it comes to your family's future, you wouldn't leave anything to chance. You would not only like to ensure that they are financially secure, but also plan enough to take care of their future goals, in your absence. That is why PNB MetLife, helps you strike an apt balance of protection and wealth accumulation. Investment is buying an asset to generate returns from it over a period of time while also taking care of risk and volatility. For example, if you buy gold and keep it for years with an expectation of increase in its value, it's an investment. Similarly, buying mutual funds, bonds, shares, properties, etc. are all various kinds of investment. Your prime focus should be beating the inflation rate with the widest possible margin.

MetLife Mera Wealth Plan

It is a unit- linked wealth and savings plan that enables you to create a financial blueprint for your goals at every stage in life. PNB MetLife's Unit Linked Insurance Plans or ULIP helps you achieve your financial goals along with a life insurance cover for the financial security of your loved ones.

PNB MetLife Endowment Savings Plan Plus

It is basically an endowment life insurance plan that helps you accumulate your savings for your financial needs at every stage of life. Additionally, this monthly savings plan provides life cover to protect your family along with an option to protect your goals against critical illnesses.

MetLife Smart Platinum

It is a unit-linked insurance plan that gives you the flexibility to build your investment portfolio through 6 different funds. It covers you till 99 years of age with an option to choose a premium term of 5 years, 10 years or whole life. In this Unit linked life insurance Plan, the Investment Risk in investment portfolio is borne by the Policyholder.

MetLife Smart One

One more Unit Linked Insurance Plan (ULIP), is a one-time investment plan or a single premium policy that provides various investment options and accelerates your wealth creation goals.

MetLife Easy Super

It is a Unit Linked Insurance Plan (ULIP plan) that gives you the flexibility to build your investment portfolio through 6 different funds. You can choose to actively manage your portfolio of funds or opt for an auto rebalancing strategy to capitalize on market opportunities.

FAQ's

What is the minimum / maximum amount required to open a fixed deposit account at PNB?

Term Deposits like Balika Shiksha can be opened at nil balance. Usually the upper limit is Rs 10 crores for most fixed deposits.

What is the minimum / maximum deposit period for FD accounts at PNB?

Term Deposits can be opened from as briefly as 7 days to as long as 10 years. There is the option of auto-renewals at the end of term too.