New Delhi, 30^th January 25: PNB MetLife India Insurance Company Limited (PNB MetLife) & India Post Payments Bank (IPPB) have entered into a strategic bancassurance alliance aimed at making life insurance solutions more accessible to millions of people across the country. PNB MetLife’s comprehensive portfolio of life insurance products with IPPB’s extensive network of 650 banking outlets across India, serving over 110 million customers will bring the Life Insurance solution to every household in India, helping customers to secure their big dreams and enhancing financial inclusion across the country.

Sameer Bansal, MD & CEO of PNB MetLife, stated, “Partnering with India Post Payments Banks is more than a business collaboration—it is a shared commitment to making life insurance accessible to all Indians. This partnership reflects our belief that insurance is not merely a product but a promise of security and resilience for families. Together, we aim to take meaningful steps toward achieving financial inclusion for all, staying true to the spirit of ‘Milkar Life Aage Badhaein’.”

R. Viswesvaran, MD & CEO of India Post Payments Bank, remarked, “India Post Payments Bank was founded on the principle of delivering inclusive financial services across the nation. Partnering with PNB MetLife allows us to advance this mission by offering our customers a broader range of life insurance products tailored to their needs. Together, we are building a stronger ecosystem for financial security for our customers.”

Both organizations are committed to providing efficient, user-friendly services to meet customer needs effectively. By combining their strengths, PNB MetLife and IPPB will deliver a robust ecosystem for life insurance awareness and adoption, giving more families greater security across India.

About PNB MetLife India Insurance Company Limited:

PNB MetLife India Insurance Company Limited (PNB MetLife) is one of the leading life insurance companies in India that combines the financial strength of MetLife, Inc. with the credibility of PNB, one of the India's oldest nationalized banks. PNB MetLife’s positioning, Milkar Life Aage Badhaein, is demonstrated through its customer-centric innovations and employee empowerment practices.

With a strong presence in 155 branches and access to customers in over 19,000 locations (as of November 30, 2024) through bank partnerships, PNB MetLife offers a comprehensive product portfolio covering Child Education, Family Protection, Long-Term Saving and Retirement. The Company has a wide range of protection and retirement products available through its sales channel of over 28,000 financial advisors and multiple bank partners and caters to over 521 group relationships in India.

For more information, follow us on FB & IG: https://www.instagram.com/pnb_metlife, www.facebook.com/PNBMetLife, or visit https://www.pnbmetlife.com/.