Archive · 2 Jun 2025
Canara HSBC Life Declares ₹250 Crore Bonus for FY25
Imagine you have a special savings plan with Canara HSBC Life Insurance.
They share some of their profits with you in the form of a bonus!
Recently, they announced a big bonus of ₹250 crore for the next year.
This bonus will be shared among about 2.27 lakh people who have these special plans.
If you have one of these plans, you will get the bonus when your plan ends or if you need to cash it out early.
Other insurance companies are doing the same, giving bonuses to their customers, too!
Canara HSBC Life Insurance announced a ₹250 crore bonus for FY25.
The bonus will benefit approximately 2.27 lakh policyholders with participating policies.
This marks a 7.9% increase from the ₹232 crore bonus in FY24.
Bonuses are paid on maturity, surrender, or according to policy terms.
Other insurers like Tata AIA and Kotak Mahindra also announced bonuses.
- Who
- Canara HSBC Life Insurance
- What
- Declared a ₹250 crore bonus.
- When
- Financial Year 2024-25
- Where
- Across India
- Why
- To share profits with participating policyholders.
- Bonus Amount
- ₹250 crore
- Fiscal Year
- FY25
- Policyholders Benefiting
- 2.27 lakh
- Increase from FY24
- 7.9%
- Eligibility Date
- March 31, 2025
- Backers
- Canara Bank, HSBC Insurance (Asia Pacific), Punjab National Bank