Best 10 Year Savings Plan in India| Bachat Yojana

What would you like to do first?

Uncertainties take place when you least expect them to. Ensure that you and your loved ones continue to enjoy a good life and can meet present and future financial goals that you set out to achieve, by building a small yet significant savings plan portfolio. Address long term financial needs through affordable premiums with PNB MetLife Bachat Yojana.

PNB MetLife Bachat Yojana in a nutshell

Allows for long term savings with affordable premiums
Pay only for 10 years and get covered for 15 years
Offers Sum Assured plus Bonus if any upon maturity.
In case of death during the policy tenure of 15 years, your family receives Sum Assured plus Bonuses, if any.

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What you get

Life Cover

If an unfortunate incident should occur, your loved ones will get Death Sum Assured plus bonus, if declared.

Simple Reversionary Bonus & Terminal Bonus

Bonus payout will be added to your policy from the third year onwards until the end of the policy term. The bonus will be paid out upon death or at the end of the policy term.

Maturity Benefit

You will get the Base Sum Assured plus bonus, if declared, upon surviving the term of the policy.

PNB MetLife Bachat Yojana ensures:

Reasonable Premiums
Long Term Savings Plan
Financial Security

What you don’t get

Suicide Exclusions

If the Life Assured’s death is due to suicide within twelve months from the date of commencement of risk or from the Date of Revival of the Policy as applicable, the Nominee or beneficiary of the Policyholder shall be entitled to 80% of the total Premium paid till the date of death under the Policy death or Surrender Value available as on the date of death, whichever is higher, provided the Policy is in Inforce status. We shall not be liable to pay any interest on this amount.

Frequently Asked Questions

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What is the Death Benefit offered by PNB MetLife Bachat Yojana?

On the unfortunate event of death, your loved ones will get Death Sum Assured plus bonus, if declared.

When are Simple Reversionary Bonus & Terminal Bonus payable?

Bonus pay out will be added to your policy from the third year onwards until the end of the policy term. The bonus will be paid out upon death or at the end of the policy term

What is the Maturity Benefit offered by PNB MetLife Bachat Yojana?

You will get the Base Sum Assured plus bonus if declared upon maturity.

What are the eligibility criteria for this plan?

Particulars	Boundary Conditions
Minimum ages at entry*	20 years
Maximum ages at entry*	60 years
Max. age at maturity*	75 years
Premium Payment Term Options	10 years Limited Pay
Policy Term	15 years
Min. Sum Assured	Rs. 64,800
Max. Sum Assured	Rs. 5 Lakhs
Min. Premium	Annual:Rs. 6,000 Semi-Annual:Rs. 10,000 Monthly/PSP:Rs. 15,000
Max. Premium	Rs. 23,999 per Life

*Age Last Birthday, ECS mandatory for monthly mode, Min/Max premiums does not include the taxes or extra premiums.

How can I purchase PNB MetLife Bachat Yojana?

You can purchase PNB MetLife Bachat Yojana offline through any of the following channels:

Disclaimer:

*Terms and Conditions apply
Tax benefits are as per the Income Tax Act, 1961, and are subject to amendments made thereto from time to time. Please consult your tax consultant for more details.

AD-F/2020-21/00310