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Online Premium Payment 1396 views June 25, 2021
If you don’t pay your Bajaj Allianz Life Insurance premiums, your policy will lapse and you will not be able to enjoy the benefits. Considering this, you should know about the methods with which you can pay the premium towards your Bajaj Allianz Life Insurance Policy. On this page, we will be talking about the online and offline methods to pay your premium amount. You can also know the method to download the Bajaj Allianz Premium Paid Certificate. Keep reading to know more!
Table of Contents
Bajaj Allianz Life provides several payment options to renew your life insurance policy via online and offline methods. We will be discussing all of them below. Please check.
Credit or Debit Card
One of the best methods to make the Bajaj Allianz Premium payment is via credit or debit card with which you can stay invested in your life goals. You can use Visa/ Maestro/ Master/ Amex/ Diners cards in a hassle-free manner.
EMI on Selected Credit Cards
If you are unable to pay the premium in one lump sum amount, you can use the EMI on the credit card method. With this, you will need to pay the monthly installments according to your convenience. Bajaj Allianz Life offers this option on selected banks’ credit cards – HSBC, HDFC, Axis, Standard Chartered, Kotak Mahindra and ICICI Bank.
E-wallets
You can also make the Bajaj Allianz Premium Payment via any of the preferred e-wallet options mentioned below.
Netbanking
You can also use the net banking of your respective banks to pay the premium amount. You can check the list of banks mentioned below that allows you to make payment via net banking.
Bajaj Allianz Life Branch
If you don’t want to make the premium via online methods, you can choose an offline method to enjoy policy benefits. For this, you only need to visit the nearest Bajaj Allianz Life Branch and make the payment via cheque, demand draft, cash, credit or debit card. In the case of cheque and DD, you will need to pay the renewal premium in favour of Bajaj Allianz Life Insurance Company Limited. Also, mention your policy number at the reverse side of the cheque or DD.
You can pay in cash up to INR 49,999 at Bajaj Allianz Life branches. To locate the nearest Bajaj Allianz Branch, you can visit its official website.
Common Service Centres (CSCs) in India
You can also make the premium payment of your Bajaj Allianz Life through cash at any of the common service centers across India. Do remember that renewal premium payment will be accepted only up to INR 49,999. To make the payment, you will need to do the following –
Note: You can make the premium payment at CSCs only during working hours.
The premium paid certificate of your policy confirms the payment made by you towards the policy and the insurer has received the same. To download it, you can follow the steps mentioned below.