India Post Payments Bank, PNB MetLife India Insurance ink bancassurance deal

The collaboration will leverage IPPB’s network of 650 banking outlets.

India Post Payments Bank (IPPB) and PNB MetLife India Insurance Company entered a bancassurance partnership to boost life insurance access in India.

The collaboration will leverage IPPB’s network of 650 banking outlets and 110 million customers to distribute PNB MetLife’s life insurance products.

IPPB Managing Director and CEO R. Viswesvaran said the partnership aligns with the bank’s mission to provide inclusive financial services. 

PNB MetLife Managing Director and CEO Sameer Bansal emphasised that the collaboration is a step toward making life insurance more accessible, reinforcing financial security for families nationwide.