Status Check, Procedures, Facilities

Organisation : SBI Life Insurance Company Ltd
Facility : Premium Payment Procedure

Home Page :http://sbilife.co.in/sbilife/content/home?ln=en
Procedure here :http://sbilife.co.in/sbilife/content/11_2928

Premium Payment Procedure :

Direct Remittance At Sbi Life Branch :
You can make premium payments by Cheque/ Demand draft at your nearest SBI Life branch. Kindly note that you can pay premiums at any of the SBI Life branch across India.

Related / Similar Service :
SBI Life Pay Renewal Premium Online

sbilife.co.in Swarna Ganga

By Post Or Courier :
You can send your cheques and demand drafts for premium payments to any of the SBI Life branch officesby post or courier. A receipt acknowledging your payment will be sent to your communication address directly.

Electronic Clearing Service (ECS) – Mandate :
Auto debit through ECS is a facility through which premiums will be debited to your bank account automatically. This facility is currently available in 87 locations.Policy holders having a bank account in these locations and participating in the clearing house operations can register for this facility by submitting the ECS Mandate form along with a cancelled cheque in which the MICR number is mentioned. You can submit this mandate at any of our branch offices or mail it to our communication address as mentioned below
SBI Life Insurance Co. Ltd.
Central Processing Centre
Kapas Bhavan, Plot 3A,
Sector-10, CBD Belapur,
Navi Mumbai- 400614

Direct Debit :
Direct debit facility is another facility which enables the auto debit of premium from your bank account on your due date. The Direct debit facility is available to the account holders of Axis Bank, CITI Bank, ICICI Bank, Bank of Baroda, Union Bank of India, State Bank of India, Bank of India, IndusInd Bank, Punjab National Bank and Kotak Bank. To avail this facility, please submit the duly filled Direct Debit Mandate form along with a cancelled cheque. You can submit this mandate at any of our branch offices or mail it to our communication address.

Standing Instruction On Your Credit Card :
SBI Life customers having a valid VISA or Master credit card can register for auto debit of SBI Life premiums by issuing a Standing Instruction. To register for this facility, please fill the Credit Card Mandate Form and forward the same along with the self attested photo copy of your credit card to your nearest SBI Life branch offices

Online Payments :
Net banking customers of State Bank of India and our partner banks can register for this facility. All you have to do is to add SBI Life as your biller ( SBI Life is listed as a national biller ) and provide your Policy details. Alternately you can also register through billdesk.com

Pay through your ATM Card :
Insert Your Card
** Go to Services >> Bill Pay >> Select SBI Life Insurance
** Enter Policy Number and Date of Birth
** Make Payment