Online Premium Payment 457 views June 25, 2021

Bajaj Allianz Life Insurance Premium Payment

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!

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How to Make Bajaj Allianz Premium Payment?

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.

Online Methods

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.

  1. Airtel Money
  2. Jio Money
  3. Mobikwik
  4. Itz cash
  5. Money N Mobile
  6. Vodafone M-Pesa
  7. ICASH Wallet and Cards
  8. Oxigen Wallet
  9. Pay cash Wallet
  10. Idea Money
  11. PayTM

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.

  1. Allahabad Bank
  2. Andhra Bank
  3. Axis Bank
  4. Bank of Bahrain and Kuwait
  5. Bank of Baroda
  6. Bank of India
  7. Bank of Maharashtra
  8. Bank of Rajasthan
  9. Canara Bank
  10. Central Bank of India
  11. City Union Bank
  12. Corporation Bank
  13. Cosmos Bank
  14. Catholic Syrian Bank
  15. Deutsche Bank
  16. Development Credit Bank
  17. Dhanlaxmi Bank
  18. Federal Bank
  19. HDFC Bank
  20. ICICI Bank
  21. IDBI Bank
  22. Indian Bank
  23. Indian Overseas Bank
  24. IndusInd Bank
  25. ING Vysya Bank
  26. Jammu & Kashmir Bank
  27. Karnataka Bank
  28. Karur Vysya Bank
  29. Kotak Mahindra Bank
  30. Lakshmi Vilas Bank
  31. Oriental Bank of Commerce
  32. Punjab & Sind Bank
  33. Punjab National Bank –
  34. Punjab & Maharashtra Co-operative Bank
  35. Shamrao Vithal Co-operative Bank
  36. South Indian Bank
  37. Standard Chartered Bank
  38. State Bank of Bikaner & Jaipur
  39. State Bank of India
  40. State Bank of Patiala
  41. State Bank of Travancore
  42. State Bank of Hyderabad
  43. State Bank of Mysore
  44. Syndicate Bank
  45. UCO Bank
  46. Vijaya Bank
  47. Yes Bank

Offline Method

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 –

  1. Go to the nearest CSC outlet.
  2. Provide your policy number and date of birth to the cashier.
  3. Pay the premium amount for your life insurance policy.
  4. The cashier will give you a printed acknowledgment receipt.

Note: You can make the premium payment at CSCs only during working hours.

How to Get a Premium Paid Certificate for Your Bajaj Allianz Life Policy?

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.

  1. Visit the official website of the Bajaj Allianz.
  2. Here, you will need to go to the ‘Customer Service’ option. Click on this option to choose ‘Premium Paid Certificate’.
  3. Once you click on this option, you will be redirected to a page where you will need to fill in a few details – Policy Number, Financial Year, Nominee Name, Nominee’s date of birth, premium amount, policyholder’s date of birth and date of commencement.
  4. Once you fill in these details, you can download or email your premium paid certificate.

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