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.
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
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
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.
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
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
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