Canara HSBC OBC Life Insurance premium payments can be done online easily, quickly, and securely. This can be done through credit or debit cards, cash cards or pre-paid wallet, net banking or EMI as well as Bharat QR codes.
Canara HSBC OBC Life Insurance is among the greatest partnerships in the Indian life insurance space, besides being one of the leading provider of life insurance solutions in India.
The company was founded a decade ago, in 2008 following a 3-way joint venture between HSBC Insurance (Asia Pacific) Holdings Limited, the insurance subsidiary of HSBC which is a market leader in the global banking and financial services industry.
With a country-wide network of more than 10,000 partner bank branches, Canara HSBC OBC Life caters to the insurance requirements of more than 115 million customers with the objective of making life insurance not only affordable but also accessible for a maximum number of people. The insurer currently retails a wide variety of individual insurance plans and group insurance plans such as traditional life insurance plans, (ULIPs), and online plans.
To enable their customers to make premium payments in a hassle-free and secure manner, Canara HSBC OBC Life has set up various online payment methods. These methods of premium payment are especially convenient as they eliminate the need for one to physically visit a bank or insurer's branch office to pay premiums. Customers can use any of these options to pay policy premiums or policy renewal premiums from the comfort of their house or office.
Premium payment can also be made using the UPI option from the list of options available. To make payment via this method, the user needs to scan the barcode from their banking app on the insurer's website or customer portal.
Besides the online payment options, customers can also choose from offline payment options for premium payment.
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