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Premium Payment Options

  •   ABSLI Branches

    Premium payments via cash, cheque , DD are accepted across Aditya Birla Sun Life Insurance branches. In addition to this, premium payments via credit/debit card are accepted at selected locations. Click here to view the list of branches that accept payments through cards

    Guidelines

    • Cash payments are accepted up to Rs.49,999/- only.

    • Cheque/DD needs to be in favor of Aditya Birla Sun life Insurance Company Ltd. Policy No. XXXXXXXXX

    • DD needs to be accompanied with a DD declaration. Click here to know more

    • Third party payment norms would be applicable while accepting payments. Click here to know more

       Branch visit timings

    • Monday to Saturday :- 9:30 am to 5:30 pm ( Closed on 2nd and 3rd Saturday)

     

  •   ​​PayPremium Now

    Policy in Premium paying Status:

    1. Online premium payment is allowed through our website and Mobile site (M- Site)
    2. Premium payment can be done via quick links "Pay Premium option" by using policy number and insured DOB
    3. Customer can also logon to My Insurance and pay the premium

  •   Axis bank axis

    Now you can also pay your Aditya Birla Sun Life Insurance policy premiums vide cheque/cash/DD at any nearest Axis Bank branch.

     

    Axis Bank timing:


       • 9:30 am to 3.30 pm Monday to Friday
       • 9:30 am to 3.30 pm Saturday (Closed on 2nd and 4th Saturday)

    To locate the nearest Axis Bank branch, click here.

     

  •   ICICI Bankaxis

    Now you can also pay your Aditya Birla Sun Life Insurance policy premiums vide cash/cheque or demand draft at any ICICI bank branch within your vicinity

    Work hours:

    • 9:30 am to 3.30 pm Monday to Friday

    • 9:30 am to 3.30 pm Saturday (Closed on 2nd and 4th Saturday)

    To locate the nearest I-bank branch, click here

  •   SBI Bankaxis

    Now you can also pay your Aditya Birla Sun Life Insurance policy premiums vide cash/cheque or demand draft at any SBI bank branch within your vicinity

    Work hours:

    • 10:30 am to 3:30 pm Monday to Saturday

    • 10:30 am to 3.30 pm Saturday (Closed on 2nd and 4th Saturday)

    ​​

  •   Net Banking

    Our convenient and user-friendly payment renewal methods provide you secure uninterrupted life coverage.

     

    Benefits 

       •  Relieved from the hassle of registration
       • Immediate payment possible across India with the help of valid online banking account.

    Simple Steps for Net Banking

     

    Step 1 Enter the login section with Username/Password

     

    Step 2 Immediate payment possible across India with the help of a valid online banking account

     

    Step 3 Select policy id & click on pay now

     

    Step 4 Select Net Banking option

     

    Step 5 Select your Banking partner

     

    Step 6 Login to the Banks secured section and complete transaction

     

    Step 7 Print a premium receipt

     

    Note:
    • You can also pay your premium without login with Username / Password. Click here to pay now
    • Access wide network of over 40 banks across India.

     

  •   NACH ( National Automated clearing House)

    Benefits

     

    •  Relieved from the hassles of remembering premium due dates

    •  On time premium payment helps you avoid the hassles of policy lapsation

    •  Relieved from the hassles of cheque issuance

     
    Simple steps to enroll for NACH payment facility
     
    Step 1   Download an NACH/Direct Debit Form or obtain it from any of our Branch  offices

    Step 2   Submit the duly completed NACH/Direct Debit Form and an original cancelled cheque with MICR code at your nearest Branch Office or ABSLI Head Office at least 35 days prior to your due

  •   Direct debit

     

    Direct Debit from your Bank Account 

    Locations where ECS is not available you can enjoy Direct Debit facility only with following banks 

    List Of Banks

    State Bank Of India  

    Benefits

    • Relieved from the hassles of remembering premium due dates
    • On time premium payment helps you avoid the hassles of policy lapsation
    • Relieved from the hassles of cheque issuance

    Simple Steps to enroll for Direct Debit payment facility

    Step 1 Download an NACH/Direct Debit Formor obtain it from any of our Branch offices.

    Step 2 Submit the duly completed Auto Debit form and an original cancelled   cheque with MICR code at your nearest Branch Office or ABSLI Head Office at least 35 days prior to your due date.

    Direct Debit to your Credit Card

    You can avail of Direct Debit facility on your Credit Card and pay your renewal premium through your credit card.

    Benefits

    • Relieved from the hassles of remembering premium due dates
    • On time premium payment helps you avoid the hassles of policy lapsation
    • Relieved from the hassles of cheque issuance

    Simple Steps to enroll for Direct debit payment facility on your credit card

    Step 1 Download a Direct Debit to your Credit Card Form or obtain it from any of our Branch offices.

    Step 2 Submit the duly completed Form with a self-attested photocopy of the front side of your credit card at your nearest Branch Office or ABSLI Head Office at least 15 days prior to your due date.

     

  •   NEFT

    Process of premium payments vide NEFT: NEFT facility can be used through the Net Banking option available on your bank's website or by visiting your bank's branch, where NEFT facility is enabled.

    A) Procedure for making NEFT payments:

    • Step 1 Log on to the Netbanking section of your bank's website
    • Step 2 Go to 'NEFT –Fund Transfer' section
    • Step 3 Fill in the below mentioned details

    Beneficiary Name
    Aditya Birla Sun Life Insurance Co. Ltd.
    Beneficiary Account number
    BSLI"Policy Number"
     
    "Policy Number" must be your 9 digit policy number e.g. BSLI001234567
    Beneficiary IFSC Code
    CITI0100000
    Beneficiary Bank name
    Citibank NA
    Branch Name
    Fort branch
    Amount
    "Due Premium Amount"
    Nature of payment / Purpose
    Insurance premium paid to BSLI Policy number . e.g. 'BSLI 123456789'

    To make payment offline, please obtain the 'NEFT Transfer Form' from your bank's branch.

    B) SWIFT Transfer for Out of india customers: Please use the below remittance details for the swift transfer.

    Funds remittance instruction format [MT103]

    Remitting Bank to remit funds to Citi India's nostro a/c with Citi NY and send the following MT103:

    Correspondent Bank
    Citibank NY
    SWIFT Code
    CITIUS33
    Beneficiary Bank of USD
    Citibank India
    Citibank India
    CITIINBX
    Value date
    [insert same date as date of remittance]
    Citibank India Nostro A/c Number with Citi NY
    10990896
    Beneficiary a/c no
    9421246 - Birla Sunlife Insurance Co Ltd [to appear in field 59]
    Purpose of remittance in field 70
    Insurance premium paid to BSLI

    To make payment offline, please obtain the 'NEFT Transfer Form' from your bank's branch.

  •   Bill Junction & Bill Desk

    This facility allow you to pay your premium amount along with all other bills that you pay through Bill Desk / Bill Junction account. 
     
    To avail this facility, please follow these simple steps 
     
    Step 1 Logon to www.billdesk.com / www.billjunction.com

    Step 2 Register yourself online (No registration required, if you are an existing registered Bill Junction / Bill Desk user)

    Step 3 Select Aditya Birla Sun Life Insurance as a Biller under Insurance category

    Step 4 Enroll your Policy

    Step 5 Authorize your payment.

  •   Credit Card

    Benefits
      
       •  Relieved from the hassle of registration
       •  Immediate payment possible across India with the help of a valid credit card.

    Simple steps for Credit Card payment 
     
    Step 1 Enter the login section with Username / Password

    Step 2 Select Payment Option

    Step 3 Select policy id & click on pay now

    Step 4 Select Credit Card option

    Step 5 Select your card type     

    Step 6 Complete the transaction

    Step 7 Print a premium receipt

    Note:

    • You can also pay your premium without login with Username / Password. Click here to pay now.

    • We accept all major credit cards (Visa/Master/Diner/AMEX/Rupay Card).

  •   Debit Card

    Benefits

    • No registration required

    • Immediate payment possible across India with the help of a valid debit card

    List of card options available

    • VISA

    • Mater Card

    • SBI Maestro

    • Other Bank Maestro

    • Rupay card


    Simple steps for Debit Card payment:

    Step 1: Enter the login section with Username / Password

    Step 2: Select 'Payment Option'

    Step 3: Select policy id and click on 'pay now'

    Step 4: Select 'Debit Card' option

    Step 5 Select your Bank from the list

    Step 6 Complete the transaction

    Step 7 Print a premium receipt

  •   Paytm

    Untitled Document

    Now you can pay our premium online through Anytime Anywhere.

    Simple steps for Paytm payment via ABLSI website:

    Step 1 Enter the login section with Username / Password
    Step 2 Select 'Payment Option'
    Step 3 Select policy id and click on 'pay now'
    Step 4 Select 'wallet' option
    Step 5 Select 'Paytm' option
    Step 6 Complete the transaction
    Step 7 Print a premium receipt

    Simple step from Paytm website

    Step 1 Click here
    Step 2 Mention 9 digit policy number
    Step 3 click on 'Get Premium''
    Step 4 Select 'proceed to pay'
    Step 5 Mention user id and password
    Step 6 Complete the transaction
    Step 7 Print a premium receipt

    Simple step from Paytm wallet
    Step 1 Visit  paytm mobile wallet
    Step 2  Select 'Insurance" then Aditya Birla Sun Life Insurance
    Step 3 Mention 9 digit policy number
    Step 4 click on 'Get Premium''
    Step 5 Select 'proceed to pay'
    Step 6 Complete the transaction
    Step 7 Print a premium receipt

  •   Jio Money

    Make payment through mobile App and website

    Simple steps for Website

    Step 1 Enter the login section with Username / Password or click here
    Step 2 Select 'Payment Option'
    Step 3 Select policy id and click on 'pay now'
    Step 4 Select 'wallet' option
    Step 5 Select ‘Jio Money’ option
    Step 6 Complete the transaction
    Step 7 Print a premium receipt

  •   Standing Instruction on Card

    Online Standing instruction on Credit card can be done in Premium Paying, lapse, Reduce paid up and Discontinued - Payout Pending status. Please find the below the process note to set online standing instruction.

    • SI on CC registration option is available on Quick links/ My Insurance/ Payment Page
    • Click On SI on Credit Card from Quick link.
    • Enter 9 digit Policy no. and Insured's Date Of Birth
    • Select policy no. and click on the submit button.
    • Click on SI on Credit Card and enter the CC details for registration.

    Note- If there is no dues, amount Rs. 2/- will be charged to the card for Authentication and same will be refunded back to the card in 14 days.

  •   Wallets

    Online payment wallet or e-commerce payment system simplifies the transaction by the electronic payment
      
    Wallets
    Aditya Birla Payment wallet
    Airtel Money
    Icash Crd
    ITZ cash Card
    Mobikwik
    Money On mobile wallet
    HDFC PayZapp
    Ola Money
    Payworld Money
    The mobile Wallet
    Oxigen wallet
    Pockets ( ICICI Bank)

  •   Debit Card + ATM PIN

    Pay online using Debit card plus ATM PIN facility. Available only for following banks

    Debit Card+ ATM Pin
    Bank Of Baroda
    Bank Of Maharashtra
    Bank Of India
    Canara Bank
    IDFC bank
    Indian Overseas Bank
    Indusind Bank
    Kranata Gramin Bank
    Kerala Gramin Bank
    Rajasthan State Co-op bank
    Shivalik Bank
    Union Bank of India

  •   EMI option

    Convenience to pay renewal premium through an EMI's option.

    Please note that the loan to pay premium to be taken by the policyholder and down payment to be paid from policy holder's bank account only.

    EMI on CC
    Axis Bank
    ICICI bank
    HSBC bank
    Indusind Bank
    Kotak Bank
    RBL Bank
    Standard Chartered
    SBI
    YES bank
    HDFC Bank
    Jammu & Kashmir Bank
    CITI bank

  •   Bharat QR

    Now you can pay premium through Bharat QR

  •   UPI

    Now you can pay premium through UPI (Unified Payments Interface)

  •   Google Pay

    Enjoy convenience when it comes to your insurance renewal. Now you can pay our premium online through Google Pay

    Simple steps for Google pay via ABLSI website:

    Step 1 Enter the login section with Username / Password
    Step 2 Select 'Payment Option'
    Step 3 Select policy id and click on 'pay now'
    Step 4 Select 'UPI' option
    Step 5 Select 'Google Pay' option
    Step 6 Complete the transaction
    Step 7 Print a premium receipt