Bajaj Allianz Life declares bonus worth Rs 1,201 crore in FY23

Bajaj Allianz Life has declared a bonus of Rs 1,201 crore for the financial year 2022-23, marking the 22nd consecutive year of bonus payment to eligible and participating policyholders. This bonus includes a regular reversionary bonus of Rs 872 crore and a terminal and cash bonus of Rs 329 crore. Out of its 3.5 million policyholders, 11.43 lakh participating policyholders will benefit from the announcement.

from Banking/Finance-Industry-Economic Times https://ift.tt/92NiXKB