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  Bajaj Allianz Life Insurance   (Toll Free) 1800-209-0144
020-66495000
 

Renewal Payment Options

Cash / DD / Cheque
You can remit the premium by Cash / Cheque / DD at your nearest Bajaj Allianz Offices.
Click here to know your nearest Bajaj Allianz Life offices.

Chq / DD: In case if you remit the renewal premium by cheque or DD please note that the Cheque/ DD should be drawn in favor of Bajaj Allianz Life Insurance Company Limited.

NOTE: Please do not forget to mention your policy no. at the reverse side of the chq/DD

Cash :
Please note, renewal premium in form of cash should only be deposited at the Bajaj Allianz Life Insurance offices and Axis bank branches.

NOTE: None of our representatives are authorised to collect premiums in form of cash

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Credit Card
You can pay your premiums using your credit card (Master/Visa). You simply need to fill up the credit card standing instruction form and send it to us along with the photocopy of the front side of your credit card.

You can submit this form at any of our branch offices or mail it our communication address.

Click here to know your nearest Bajaj Allianz Life offices having Credit Card swipe facility.

For Credit Card Auto Debit Instruction Form Click here.

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Direct Debit Facility
The Direct Debit facility enables you to set up auto-debit instructions on your bank account for regular debit of your premium amounts. Depending on your premium due date, the premium gets directly debited from your bank account. To avail this facility, please submit the duly filled Mandate Form along with a cancelled cheque at any of our Branch Offices or mail it to our communication address.

Please click here to download the auto debit instruction mandate form


For opting Any of these Banks ,Please Download the Auto Debit Instruction Mandate Form below
     
AXIS BANK BANK OF BARODA BANK OF INDIA
CITI BANK KOTAK MAHINDRA BANK

PUNJAB NATIONAL BANK

ICICI Bank State Bank of India Corporation Bank
Union Bank of India IDBI Bank

ING VYSYA BANK

     
ADI\ADI FORM


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Electronic Clearance System
ECS is an automated facility which debits your premium from the bank account specified by you, on your premium due date.
To know more about ECS locations, click here.

For ECS Auto Debit Instruction form click here.
Bank Branches
Central Bank of India Branches

Enjoy the convenience of paying your premium amount in Cash at your neighborhood Central Bank of India branches located across India.

Simple Steps for payment at Central Bank of India Branches:
  • Step 1: Walk in any of Central Bank of India branch
  • Step 2: Provide the Policy Number and Policy Holder Date of Birth to bank cashier
  • Step 3: Hand over the Cash to the bank cashier
  • Step 4: Take a printed renewal receipt from Central Bank of India bank cashier certifying receipt of premium payment
Terms & Conditions:
  • Renewal payment will be accepted only in Cash upto Rs 49,999
  • Renewal Payment with outstanding amount will be accepted for "Inforce policies & Lapse policies within 6 months Only"
  • Renewal Premium payment will be accepted at bank branch as per bank's working hours
  • Renewal Payment will be accepted only for Individual Policies

Click here to see the list of Central Bank Branches or Locate a branch near you

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Yes Bank Branches

Enjoy the convenience of paying your renewal premium amount in Cash / DD or Cheque (local/at par) at your neighborhood Yes bank branches located across India.

Simple Steps for payment at Yes bank Branches:
  • Step 1: Walk in to the select Yes bank branch
  • Step 2: Provide the Policy Number and Policy Holder Date of Birth to bank cashier
  • Step 3: Hand over the Cash / DD or Cheque (local/at par) to the bank cashier
  • Step 4: Take a printed renewal receipt from Yes bank cashier certifying receipt of premium payment
Terms & Conditions:
  • Renewal payment will be accepted only in Cash upto Rs 49999, DD or Cheques (local/at par)
  • Renewal payment with outstanding amount will be accepted for "Inforce policies & Lapse policies within 6 Months Only"
  • Renewal premium payment will be accepted at bank branch as per bank's working hours
  • Renewal Payment will be accepted only for Individual & Group Individual Policies

Click here to see the list of Yes Bank Branches or Locate a branch near you

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Axis Bank Branches
Enjoy the convenience of paying your renewal premium amount in Cash / DD or Cheque (local/at par) at your neighborhood Axis bank branches located across India.

Simple Steps for payment at Axis bank branches:

  • Step 1: Walk in to any of Axis bank branches
  • Step 2: Provide the Policy Number and Policy Holder Date of Birth to bank cashier
  • Step 3: Hand over the Cash / DD or Cheque (local/at par) to the bank cashier
  • Step 4: Take a printed renewal receipt from Axis bank cashier certifying receipt of premium payment.
Terms & Conditions:
  • Renewal payment will be accepted only in Cash upto Rs 49999, DD or Cheques (local/at par).
  • Renewal payment with outstanding amount will be accepted for "Inforce policies & Lapse policies within 6 Months Only"
  • Renewal premium payment will be accepted at bank branch as per bank's working hours
  • Renewal Payment will be accepted only for Individual & Group Individual Policies
Click here to see the list of Axis Bank Branches or Locate a branch near you
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Allahabad Bank Branches

Enjoy the convenience of paying your premium amount in Cash / DD or Cheque (local/at par) at your neighborhood Allahabad bank branches located across India.

Simple Steps for payment at Allahabad bank Branches:
  • Step 1: Walk in to the select Allahabad Bank branch
  • Step 2: Provide the Policy Number and Policy Holder Date of Birth to bank cashier
  • Step 3: Hand over the Cash / DD or Cheque (local/at par) to the bank cashier
  • Step 4: Take a printed acknowledgement from Allahabad bank cashier certifying receipt of premium payment
Terms & Conditions:
  • Renewal payment will be accepted only in Cash upto Rs 49,999, Local Cheque and Local DD
  • Renewal Payment with outstanding amount will be accepted for "Inforce policies and Lapse policies within 6 months Only"
  • Renewal Premium payment will be accepted at bank branch as per bank's working hours
  • Renewal Payment will be accepted only for Individual & Group Individual Policies

Click here to see the list of Allahabad Bank Branches or Locate a branch near you

Other Outlets
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Walk-in to any Suvidhaa Outlet
Suvidhaa
Click here to locate a suvidhaa outlet near you

You can now pay your Bajaj Allianz Life Insurance Policy Renewal Premium up to Rs.49999/- through Suvidhaa outlets.

Benefits
  • Availability of outlets even in remote locations PAN India (Click here to find Suvidhaa outlet locations)
  • Premium Payment is possible even on Sundays and Holidays (If the outlet is open)
  • Hassle free payment through the neighborhood vendor you know
How to pay Premium through Suvidhaa outlet in 3 easy steps
  • Walk into any Suvidhaa outlet with cash for premium payment
  • Inform Policy no and Date of Birth to verify your policy no.
  • Pay cash and collect acknowledgement
Online Payment
Click here to pay your renewal premiums online through your Credit Card (Master & Visa accepted)

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Net Banking
Click here to pay your renewal premiums online through Debit Cards/Net Banking
 
1 Allahabad Bank 17 Dhanlaxmi Bank 33 Punjab And Sind
2 Andhra Bank 18 Federal Bank 34 Punjab National Bank - Corporate
3 Axis Bank 19 HDFC Bank 35 Punjab National Bank - Retail
4 Bank of Bahrain and Kuwait 20 I-Cash Card 36 Shamrao Vithal Co-operative Bank
5 Bank of Baroda 21 ICICI Bank 37 South Indian Bank
6 Bank of Baroda - Corporate 22 IDBI Bank 38 Standard Chartered Bank
7 Bank of Baroda - Retail 23 Indian Bank 39 State Bank Of Bikaner & Jaipur
8 Bank of India 24 Indian Overseas Bank 40 State Bank of India
9 Bank of Maharashtra 25 Indian Overseas Bank Debit Card 41 State Bank Of Patiala
10 Bank of rajasthan 26 IndusInd Bank 42 State Bank Of Travancore
11 Canara Bank 27 ING Vysya Bank 43 Syndicate Bank
12 Central Bank of India 28 Karnataka Bank 44 UCO Bank
13 City Union Bank 29 Karur Vysya Bank 45 Union Bank of India
14 Corporation bank 30 Kotak Bank 46 United Bank Of India
15 Deutsche Bank 31 Laxmi Vilas Bank 47 Vijaya Bank
16 Development Credit Bank 32 Oriental Bank of Commerce 48 Yes bank


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Bill Junction
You can authorize your premium payments online through Bill Junction.
Register yourself at Bill Junction and follow the instructions on their web-site.
   
   
   

Disclaimer

I hereby authorize Bajaj Allianz Life Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) under either Fully or Partially Blocked category, any call made or SMS sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business.

Disclaimer: Insurance is the subject of the solicitation. For more details about risk factors, terms and conditions, please read the sales brochure carefully before concluding the sale. The terms and conditions of product/plan as contained in the Policy Document issued by the Company is available on the Web Site. Please note that the name of the Bajaj Allianz product/plan does not indicate the quality of the insurance contract and its future prospects or returns. Investment in ULIPs is subject to market risks associated with capital markets. IN ULIPs, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. Tax benefits are as per the prevailing Income Tax Laws including the Income Tax Act, 1961 and are subject to change from time to time. Service tax and education cess will have to be borne by the Policyholder as per applicable rates. All other charges shall be levied in accordance with the terms and conditions of the policy.
 
   
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