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)
Policy in Premium paying Status: Online premium payment is allowed through our website and Mobile site (M- Site) Premium payment can be done via quick links "Pay Premium option" by using policy number and insured DOB Customer can also logon to My Insurance and pay the premium
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.
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
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)
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.
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 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.
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' |
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 |
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
Simple Steps for Net Banking
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.