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.source https://economictimes.indiatimes.com/industry/banking/finance/insure/bajaj-allianz-life-declares-bonus-worth-rs-1201-crore-in-fy23/articleshow/99790341.cms
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