HDFC Life has announced its highest-ever bonus of Rs. 3,722 cr. on participating plans during the company’s board meeting in April 2024 benefitting 22- 23 lakh policyholders. Out of the total bonus amount, Rs 2,798 crore will be disbursed to policies in the current financial year, either as maturity bonuses or cash bonuses. The remaining bonus will be payable in the future upon policy maturity, death or surrender.