Peerless Financial Products Distribution Ltd (PFPDL) is a 100% subsidiary of The Peerless General Finance & Investment Company Ltd.
Since 2006, PDL (now PFPDL) diversified into Financial Product Distribution business. Financial Products Distribution entails a distribution company having a tie-up with a financial product company (i.e. principal) to distribute its products within a specified geography against payment of commission. Banking on the PEERLESS's strength of a strong and reliable brand, spread across 25 states and 4 UT (primarily in district headquarters, which gives an access to the emerging market in the hinterland), connectivity across all branches, widespread business network and huge customer, Financial Product Distribution emerged as a very lucrative option for Peerless Developers Ltd. (now PFPDL), Considering the presence and business network of PDL, the IRDA, in May,2012, was pleased to grant PDL to convert to exclusive Insurance Products Distributor. Consequent to approval of IRDA, the name of the company changed to Peerless Financial Product Distribution Ltd in January, 2014.
At Peerless Financial Products Distribution Ltd (PFPDL), we aspire to create value for our customers and stakeholders alike.
Currently, PFPDL is the Corporate Agent of Max Life Insurance Company Limited for selling life insurance products and IFFCO TOKIO General Insurance Company Limited for general insurance products. It is also the Mutual Fund distributor of Peerless Funds Management Company Ltd. Reliance Mutual Fund, and other well known Asset Management companies in the country. We have Tied up with Cigna ttk effective from 25th October 2015 for distribution of Health Insurance products.