PNB MetLife Bachat Yojana
  • Long-term Saving Plan
  • Earn Cash Bonuses Yearly
  • Lower Premiums
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Customized Investment Plan for you.

Select Your Annual Income

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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 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

Eligibility Criteria for PNB MetLife Bachat Yojana

Your Occupation

Entry age

Minimum Age - 20 years Maximum Age - 60 years

Mukhyamantri Amrutam Yojana

Maturity age

Maximum Maturity Age - 75 years

Your Gender

Policy tenure

15 years

Maternity Benefit Rider

Premium payment term

10 years, Limited Pay

Dr YSR Aarogyasri Trust

Premium payment frequency

Annual, half-yearly, quarterly & monthly

Maternity Benefit Rider

Sum assured

Rs. 64,800 to Rs 5,00,000

How Does the PNB MetLife Bachat Yojana Plan Work?

Let's understand how the PNB MetLife Bachat Yojana Plan works with a simple premium illustration.

Why Buy Term Insurance Online?

Problem

Mr. Verma is looking for an investment plan to create long-term wealth to fulfill his financial goals.

Solution

His financial advisor advised him to buy the PNB MetLife Bachat Yojana Plan. He visited PolicyX.com

Let's understand how the PNB MetLife Bachat Yojana Plan works for him with a premium illustration table.

Age of policyholder Annual Premiums Premium payment tenure Sum Assured Maturity Benefits
35 years Rs 20,000 10 years Rs 2,89,223 Rs 3,34,842

Key Takeaways: At the end of the policy tenure the maturity benefits of Rs 3,34,842 are paid to the policyholder.

Features of PNB MetLife Bachat Yojana

Here are some features of PNB MetLife Bachat Yojana:

PNB Investment Plans

PNB Century Plan provides you with whole-life (up to 100 years of age) coverage and income. This investment plan offers survival benefits if you outli...

Unique Features

  • Multiple plan options
  • Bonuses
  • Flexible income pay

PNB MetLife Century Plan (Pros)

PNB MetLife Century Plan
  • Guaranteed cash bonuses
  • Multiple income options
  • Waiver of premiums on demise

PNB MetLife Century Plan (Cons)

PNB MetLife Century Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

PNB MetLife Century Plan (Other Benefits)

PNB MetLife Century Plan
  • Death benefits
  • Maturity benefits
  • Tax benefits

PNB MetLife Century Plan (Eligibility Criteria)

PNB MetLife Century Plan
  • Minimum entry age- 30 days
  • Maximum entry age- 65 years
  • Minimum sum assured- Rs 2.4 lakhs
  • Maximum sum assured- No limit
  • Maximum policy term- 100 minus entry age

Mera Wealth Plan is a ULIP (Unit Linked Life Insurance Plan) that covers your family financially if something happens to you and gets good returns on ...

Unique Features

  • Loyalty additions
  • Dual benefits
  • Partial withdrawals

PNB Metlife Mera Wealth Plan (Pros)

PNB Metlife Mera Wealth Plan
  • Loyalty additions
  • Dual benefits
  • Partial withdrawals

PNB Metlife Mera Wealth Plan (Cons)

PNB Metlife Mera Wealth Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

PNB Metlife Mera Wealth Plan (Other Benefits)

PNB Metlife Mera Wealth Plan
  • Premium discontinuance
  • Death benefits
  • Maturity benefits

PNB Metlife Mera Wealth Plan (Eligibility Criteria)

PNB Metlife Mera Wealth Plan
  • Minimum entry age- 30 days
  • Maximum entry age- 60 years
  • Minimum sum assured- Rs 50 lakhs
  • Maximum sum assured- No limit
  • Maximum policy term- 30 years

Save more with PNB MetLife Super Saver Plan: protect your family in your absence. PNB MetLife Super Saver plan is a long-term savings and family prote...

Unique Features

  • Waiver of Premium
  • Yearly Cash Bonuses
  • Choice of Plan Options

PNB Metlife Super Saver Plan (Pros)

PNB Metlife Super Saver Plan
  • Waiver of Premium
  • Yearly Cash Bonuses
  • Choice of Plan Options

PNB Metlife Super Saver Plan (Cons)

PNB Metlife Super Saver Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

PNB Metlife Super Saver Plan (Other Benefits)

PNB Metlife Super Saver Plan
  • Maturity Benefits
  • Tax Benefits
  • Death Benefits

PNB Metlife Super Saver Plan (Eligibility Criteria)

PNB Metlife Super Saver Plan
  • Minimum entry age- 0 years
  • Maximum entry age- 60 years
  • Minimum sum assured- Rs 220000
  • Maximum sum assured- No limit
  • Maximum policy term- 20 years

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 assure...

Unique Features

  • Long-term Saving Plan
  • Earn Cash Bonuses Yearly
  • Lower Premiums

PNB MetLife Bachat Yojana (Pros)

PNB MetLife Bachat Yojana
  • Death Benefit
  • Survival Benefit
  • Maturity Benefit

PNB MetLife Bachat Yojana (Cons)

PNB MetLife Bachat Yojana
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

PNB MetLife Bachat Yojana (Other Benefits)

PNB MetLife Bachat Yojana
  • Comprehensive Protection
  • Flexibility
  • Availability of Riders

PNB MetLife Bachat Yojana (Eligibility Criteria)

PNB MetLife Bachat Yojana
  • Minimum entry age- 20 years
  • Maximum entry age- 60 years
  • Minimum sum assured- Rs 64800
  • Maximum sum assured- 5 lakhs
  • Maximum policy term- 15 years

PNB MetLife Guaranteed Savings Plan is an individual, non-participating, non-linked savings plus life insurance policy. By serving dual purposes of cr...

Unique Features

  • Get guaranteed Benefits & Yearly Bonuses on Your Savings
  • Rebates on High Sum Assured
  • 2 Add-on Riders Available

PNB Metlife Guaranteed Savings Plan (Pros)

PNB Metlife Guaranteed Savings Plan
  • Maturity Benefits
  • Death Benefits
  • Discount on High Sum Assured

PNB Metlife Guaranteed Savings Plan (Cons)

PNB Metlife Guaranteed Savings Plan
  • No pre-existing condition
  • Suicidal exclusion
  • No auto-cover continuance

PNB Metlife Guaranteed Savings Plan (Other Benefits)

PNB Metlife Guaranteed Savings Plan
  • Yearly Bonuses
  • High Sum Assured Rebates
  • Additional Riders

PNB Metlife Guaranteed Savings Plan (Eligibility Criteria)

PNB Metlife Guaranteed Savings Plan
  • Minimum entry age- 3 years
  • Maximum entry age- 60 years
  • Minimum sum assured- Rs 150000
  • Maximum sum assured- Rs 400000
  • Maximum policy term- 20 years
Tired of Pushy Sales? Get Insurance, Your Way Tired of Pushy Sales? Get Insurance, Your Way

Benefits of PNB MetLife Bachat Yojana Plan

There are various benefits to buying the PNB MetLife Bachat Yojana Plan. Let’s understand each of them in detail:

  • Death benefits: 

    If the insured person passes away during the policy term, the guaranteed sum assured on death shall be payable to the nominee with the following additions.

    Death Sum Assured + Accrued Simple Reversionary Bonus (if declared) + Terminal Bonus

  • Maturity Benefit

    The policyholder will receive the maturity benefit once the policy matures at the end of the policy tenure. Under PNB MetLife Bachat Yojana, the maturity value typically includes,

    Base Sum Assured plus + Simple Reversionary Bonus + Terminal Bonus (if declared).

  • Cash Bonuses

    The policy will start earning a Simple Reversionary Bonus after three years, which will be added at the end of each policy year. However, the bonus is promised to be payable on the death, maturity, or surrender, whichever is earlier.

  • Surrender Value

    Once your policy has obtained surrender value and you want to discontinue your policy, you'll receive the surrender value equal to the maximum Guaranteed Surrender Value and Special Surrender Value.

Documents Required to Buy PNB MetLife Bachat Yojana Plan

Here is the list of documents required to buy the PNB MetLife Bachat Yojana Plan:

Photo ID Proof

Photo ID Proof (either of one) - Passport, Aadhaar card, PAN card, Driving license.

How to Buy PNB MetLife Bachat Yojana?

You can buy the PNB MetLife Bachat Yojana official website or one of their nearest branch offices.

Life Insurance
  • Step 1

    Visit the official website of PolicyX.com.

  • Step 2

    Click on the ‘Investment’ tab.

  • Step 3

    A new page will appear on the screen.

  • Step 4

    Fill out the form at the top of the page with the necessary details.

  • Step 5

    Select your income and city. Click on 'Proceed'.

  • Step 6

    Update your education and occupation details.

  • Step 7

    Choose your preferred plan and click on 'Buy this plan'.

  • Step 8

    Select the policy term, premium period, investment amount, and riders (if required), and then proceed to pay.

Life Insurance
  • Step 1

    Visit the official website of PNB Life Insurance.

  • Step 2

    Hover over the 'Investment Plans' from the top of the menu.

  • Step 3

    Click on the 'PNB MetLife Bachat Yojana Plan'.

  • Step 4

    Click on ‘Buy Now’ and you will be redirected to a new page.

  • Step 5

    Enter your name and contact information. One of their representatives will reach out to you and discuss the quotes.

  • Step 6

    Once discussed you can make the premium payment and get the policy documents.

Buying from their branch office

You can buy the PNB MetLife Bachat Yojana Plan offline by visiting one of their nearest branch offices. One of their representatives will help you buy the plan.

Your Occupation

Exclusions of PNB MetLife Bachat Yojana Plan

  • In case the policyholder commits suicide within 12 months of policy purchase then no death benefits are offered to their family members. Either 80% of the premiums paid to date or the surrender value acquired to date whichever is higher is paid.

Plan At a Glance

What’s Good Here What’s Missing
Flexible Premium Payment Modes Guaranteed Additions
Additional Bonuses No High Sum Assured Rebate
Maturity Benefit  No Auto cover Continuance
Death Benefit Regular Income

In a nutshell

PNB MetLife Bachat Yojana plan comes with dual benefits of insurance and long-term savings. In this plan, you can grow your savings with yearly bonuses from the end of the 3rd year onwards until maturity. To learn more about this plan, you can reach out to us at PolicyX.com.

FAQs: PNB MetLife Bachat Yojana

1. Can PNB Met Life Bachat Yojana policy be surrendered?

Yes, you can surrender your PNB MetLife Bachat Yojana Plan once your policy acquires a surrender value.

2. What is the PNB MetLife Bachat Yojana plan?

PNB MetLife Bachat Yojana plan is a long-term saving plan with the benefit of assured life cover.

3. How long does the life cover last after premium payment in the PNB SBachat Yojana?

If you pay premiums for 10 years, your life insurance coverage extends for 15 years.

4. Is there a grace period for PNB MetLife Bachat Yojana plan?

PNB MetLife Bachat Yojana plan comes with a grace period of 30 days.

5. What is the premium payment term for the PNB SBachat Yojana plan?

PNB SBachat Yojana has a limited premium payment term option in which if you pay premiums for ten years, you can enjoy coverage for 15 years.

Life Insurance Companies

Compare and buy the most suitable Life Insurance Plan from the below-mentioned IRDAI-approved Life Insurance companies.

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Sahil Singh Kathait

Written By: Sahil Singh Kathait

A boy-in-squares bagging escapades of switching streets in groove & sensing musical airy-notes from 6 1". Under wayed nyctophile sketching the walls of life from the panorama of anime.