PNB Metlife

Keep up the good work
5 stars
* * * * *
:)

The company offers various plans for healt, insurance, wealth, retirement etc. However, the company seems to be not having professional fund managers. As an example, investing at the Rs. 50,000 per year for 4 yrs premium paid has fund value of Rs. 1,94,774 after a period of 5 years. The company has got a poor complaint redressal system. The complaints remain pending even for as long as 6 weeks. They are not able to resolve the technical issues on their website even for more than 6 weeks. The company uses unprofessional way of soliciting funds by misleading the consumers specially in the guaranteed saving plan. Surprisingly one of their marketing excecutive while explaining on the guaranteed saving plan was calculating by including the saving in the income tax rebate while justifying the rate of return as they advertise while soliciting investments.