PNB MetLife has partnered with Truhome Finance to provide Group Credit Life Insurance.

Banking & Finance | Dated: 25 Jan 2025

In January 2025, PNB MetLife India Insurance Company (based in Mumbai) partnered with Truhome Finance (based in Chennai, previously known as Shriram Housing Finance Limited) to offer Group Credit Life Insurance to home loan customers of Truhome Finance.

🎯 Key Highlights:

  • - This partnership is a significant step for PNB MetLife in achieving its goal of "Milkar Life Aage Badhein" (Advancing Life Together), showing its commitment to expanding its reach and promoting financial inclusion.

💡 Other Important Facts:

  • (i) The Group Credit Life Insurance will provide financial security to homeowners and their families by covering any outstanding loan balance in case of an emergency. This service will be available at 165 Truhome Finance branches across 17 states in India.
  • (ii) This collaboration also supports the vision of "Insurance for All by 2047," making financial security more accessible to individuals and families.

📚 Test Your Knowledge:

Which insurance company recently partnered with Truhome Finance to provide Group Credit Life Insurance?

Correct Answer: PNB MetLife

🚀 Quick Recap: