India's 1st IRDAI Approved Insurance Web Aggregator
PNB MetLife Pension Par Plan - Bonus Rates Calculate Maturity Value
PNB MetLife Pension Par Plan - Bonus Rates Calculate  Maturity Value
231 VIEWS

Bonus rates for PNB MetLife Pension Par Plan

The table below shows the Bonus rates declared for PNB MetLife Pension Par Plan from inception. You can use this to calculate the PNB MetLife Pension Par Plan Maturity Value. Compound Reversionary Bonus for your policy is calculated as a percentage of sum assured plus bonus which is already credited to the policy till date.

In case you have a plan with Sum Assured of Rs. 5,00,000 - Use the values in the table as following:

Bonus Value = (Sum Assured x Bonus Rate / 100) +  Accrued bonus already credited to the policy till date = (5,00,000 x Bonus Rate / 100) +  Bonus already credited to the policy till date


Reversionary Bonus for PNB MetLife Pension Par Plan (UIN - 117N019V01)

Year Premium Option Bonus Type Bonus Rate
2018-19 SP, RP, 3P, 5P Compound 4.00%
2017-18 SP, RP, 3P, 5P Compound 3.75%
2016-17 SP, RP, 5P, 10P Compound 3.50%
2015-16 Regular Compound 3.00%
2014-15 Regular Compound 3.00%


Terminal Bonus

 Terminal Bonus is expressed as percentage of accrued reversionary bonus only.
 

Year Start Year Bonus Rate
2018-19 10 25.00%
2017-18 10 25.00%
2016-17 10 25.00%
2015-16 10 15.00%
2014-15 10 15.00%


Vesting Benefit

So to get to the Vesting benefit of PNB MetLife Pension Par Plan, you have to add all of the following - Sum Assured + Accrued Reversionary bonuses (if any) + Terminal bonus (if any)

Do let us know in case you need any further information on the bonus rates for this plan or in calculating the returns for your PNB MetLife Pension Par Plan

Please contact the PNB MetLife's office for exact details of the bonus which has accrued in your plan.

Leave a Comment

Important: Insurance is the subject matter of solicitation | © 2009-2021 MyInsuranceClub.com