Bajaj Allianz Life Insurance Online Premium Payment

To set credit card standing instructions, customers must visit the 'Renewal Payment Options' section on the Bajaj Allianz website and click on 'Online Payment' > 'Credit Card' > 'Set Credit Card Standing Instructions'. Next, they will be redirected to a new page where they will be required to provide their policy number, date of birth (of policy holder), policy sum assured, email ID, and mobile number. To complete the process, they must finally click on 'Pay Premium'.

1. Bajaj Allianz Life Insurance Premium Payment through Debit Card:

Debit card holders of Visa, Maestro, MasterCard, and RuPay debit cards can also pay their Bajaj Allianz policy renewal premiums using their debit card. The procedure for this is the same as it is for credit cards.

1. Bajaj Allianz Life Insurance Premium Payment through Bill Junction:

Customers can also pay their policy renewal premiums via Bill Junction. To do this, they will first have to register themselves on the portal to provide authorization for carrying out payment. Here are the instructions to be followed.

1. Visit the 'Bill Management' page on the bank website.
2. For the Biller State, select either 'All India' or 'Pune'.
3. Under the biller category, select 'Insurance' as your category.
4. Under biller type, select 'All'.
5. Next, select Bajaj Allianz as your Biller.
6. Tick 'Yes' for Auto pay Required'.
7. For Auto pay mode, select to make payment of the full amount each time.
8. Next, enter your policy number and the premium amount to be paid.
9. Click to agree to the terms and conditions.
10. Finally, click on 'Submit'.
11. The bank will present the premium amount to Bajaj Allianz for validation and confirmation. After everything is verified, the renewal premium will be debited on the due date.

1. Bajaj Allianz Life Insurance Premium Payment through EMI on Select Credit Cards:

Policyholders can also choose to pay premiums in EMIs. This facility is only available with credit cards issued by partner banks such as ICICI Bank, HDFC Bank, Axis Bank, Standard Chartered Bank, Kotak Mahindra Bank, and HSBC.

1. Bajaj Allianz Life Insurance Premium Payment through Net Banking:

Customers who have availed the net banking or internet banking facility with their bank, can use it to pay renewal premiums for their Bajaj Allianz policies. The procedure for making premium payment via net banking may differ depending on each bank's net banking portal. However the process will more or less be the same. Bajaj Allianz allows premium payment via net banking for most major banks such as Axis Bank, ICICI Bank, HDFC Bank, state Bank of India, Kotak Bank, IndusInd Bank, Canara Bank, Bank of Baroda, Central Bank of India, Federal Bank, IDBI Bank, Bank of Bahrain & Kuwait, Central Bank of India, Catholic Syrian Bank, Dhanlaxmi Bank, Indian Overseas Bank, Oriental Bank of Commerce, and many more. You can get the complete list of compatible banks on the Bajaj Allianz website.

1. Bajaj Allianz Life Insurance Premium Payment through eWallets:

To further add to the convenience they offer to customers, Bajaj Allianz also enables payment of renewal premiums via eWallets. Customers who use eWallet services like Airtel Money, Jio Money, Mobikwik, ItzCash, MoneyOnMobile, Oxigen, Paycash, Idea, Vodafone M Pesa, etc., can easily make their policy renewal payments via their chosen eWallet service.

1. Bajaj Allianz Life Insurance Premium Payment through UPI (Unified Payments Interface):

People can also make their life insurance policy payments using the UPI (Unified Payments Interface (UPI) system. UPI basically works to consolidate multiple bank accounts and make them available via a single mobile application (of a participating bank). Talk to your bank's relationship manager or the Bajaj Allianz customer support helpline to know more about how to make renewal payments via UPI.

Bajaj Allianz Life Insurance Premium Payment through Auto-Debit/Autopay:

1. NACH - Customers can make premium payments by having the premium amount auto debited from their bank account via the NACH (National Automated Clearing House).
2. Credit card standing instructions - Renewal payments can also be made via credit card by providing standing instructions to your bank.

Walk-in To Bajaj Allianz Office for Premium Payment:

1. Cash/cheque/DD - Policyholders can walk into any Bajaj Allianz branch office and pay their renewal premium either in cash, by cheque, or by demand Draft. If payment is being done via cheque or DD, it should be drawn in favour of Bajaj Allianz Life Insurance Company Limited. Premium payment in cash can only be done at Bajaj Allianz Life Insurance offices and Axis Bank branches.
2. Credit card standing instructions
3. Direct debit - You can set up auto-debit instructions with your bank account wherein the due premium amount will automatically be debited from your chosen bank account on the due payment date.

Walk-in to Bank Branch for Bajaj Allianz Life Premium Payment:

Customers can also pay the premiums for renewing their Bajaj Allianz policy by walking into any partner bank branch or ATM. The process of premium payment may differ from bank to bank. The partner banks which permit Bajaj Allianz policy premium payment are State Bank of India branches, Axis Bank branch and ATM, Yes Bank, Allahabad Bank, and Indian Bank.

Bajaj Allianz Premium Payment At Other Outlets:

In addition to the above online and offline channels, Bajaj Allianz has also tied up with utility service providers to enable customers to make premium payments with ease. Following are the physical outlets of 3 service providers where customers can make premium payments.

1. Suvidhaa Outlets - Customers can pay renewal premium up to the amount of Rs.49,999 at any Suvidhaa outlet.
2. CSC (Common Service Centers) - Renewal premium payment can also be done in cash at any one of the 1,31,000 CSC (Common Service Centres) that are located across India. Premium payment can only be done for individual and group policies at CSCs.
3. CAMSRep - Policyholders will also be permitted to make their policy premium payment at CAMSRep offices. Payment at these outlets will only be done in cash or via cheque or Demand Draft.