"Spending a whole day looking for insurance is fun," said nobody, EVER!

Canara HSBC OBC Life Insurance Online Premium Payment

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.
 4.5 / 5.0   by 17481 users
Used this product? Write a review >>

Fees & Charges

Promised Interest Rate

Plan Benefits

Payment Options

Policy Coverage

Customer Service

Responsiveness

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.

Canara HSBC OBC Life Insurance Online Premium Payment Options

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.

How To Pay Premiums Online On Canara HSBC OBC Website

  • The very first step in the premium payment process is visiting the Canara HSBC OBC Life insurance website.
  • Next, on the main page, click on the tab labelled ‘Manage Policy which will give you a drop down menu from which you must click on ‘Pay Premium’.
  • On the following page, click on the tab labelled ‘Pay your Premium’, located right below the steps illustrating the process of premium payment online.
  • On the next page, you will be required to input your Client ID, Policy Number/COI No. (Certificate Number), and Date of birth.
  • After you have provided all the necessary information, click on ‘Pay Now’.
  • Next, you will see a list of policies which you hold and select the one for which you wih to make the premium payment.
  • After you have selected the policy, choose your premium payment method. You can pay premiums using your credit/debit card (MasterCard or Visa) or net banking.
  • After you have made the payment, you will receive an acknowledgement receipt with a receipt number. Keep it safe for any future reference.

Payment via Credit/Debit Card

  • Customers can make their premium payments using a credit or debit card.
  • Visa, MasterCard, and Diners Club International credit cards can be used for premium payment.
  • Debit cards issued by Visa, MasterCard, Maestro, and RuPay can be used to make premium payment.
  • Premium payment can be made using PIN-protected debit cards issued by select partner banks like HDFC Bank, ICICI Bank, Standard Chartered Bank, Axis Bank, Federal Bank, Barclays Bank, GE Money Financial Services, SBI ATM-cum-debit card, and several more.

Internet Banking

  • Customers can also pay premiums using their preferred bank’s net banking platform.
  • To make payment via net banking, visit the insurer’s website and click on the online premium payment option .
  • Next, input all the necessary information, and choose net banking as your payment method.
  • You will then be redirected to your bank’s net banking platform where you must log in.
  • This facility for premium payment is available only with select partner banks like ABN AMRO Bank, Axis Bank, Bank of Baroda (Corporate & Retail), Bank of Bahrain & Kuwait, Bank of Maharashtra, Punjab National Bank, Corporation Bank, ICICI Bank, Deutsche Bank, IndusInd Bank, Kotak Mahindra Bank, Indian Overseas Bank, Oriental Bank, and several others.

Cash Cards or Prepaid Wallet

  • Premium payment for Canara HSBC OBC Life policies can also be made using prepaid wallets or cash cards.
  • This payment method can be selected at the appropriate stage during the online premium payment process.
  • Currently, online premium payment can be done using select wallet/cash cards like ItzCash, OLA Money, JIO Money, Oxigen wallet, etc.

EMI (Equated monthly instalments)

  • Customers who may find it financially challenging to make the entire premium payment in one go, can choose to do so in EMIs or equated monthly instalments.
  • Under this option, the due premium amount is converted into EMIs which policyholders can pay using their credit card (MasterCard or Visa).
  • The option to pay premium in instalments is only available with select partner banks.

Bharat QR Code

  • Customers can also make premium payments from their preferred bank’s mobile app using the Bharat QR code.
  • To make payment via this method, the policyholder must scan the Bharat QR code.
  • Before making the payment, the user must ensure that their bank’s application is compatible with the Bharat QR code.

UPI (Unified Payments Interface)

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.

Insta Pay

  • The Insta Pay option is a unique facility wherein the policyholder can pay premium directly from their preferred bank’s website.
  • This service is currently available only with select partner banks like Punjab National Bank, IDBI Bank, Saraswat Bank, Bank of Maharashtra, Canara Bank, Bank of Baroda, Central Bank of India, Dhanlaxmi Bank, HDFC Bank, Deutsche Bank, Standard Chartered Bank, Bandhan Bank, Oriental Bank of Commerce, Catholic Syrian Bank, State Bank of India, and several others.

Auto Debit

  • Customers can also pay policy premiums by providing standing instructions on their credit card.
  • Under this option, the due premium amount is auto-debited from the user’s chosen credit card on the due date of payment.
  • To avail this method of premium payment, the user will typically be required to fill up a standing instruction mandate and submit it to the insurer.
  • It is advisable to contact the insurer to find out the documents you are required to submit along with the mandate form.
  • This facility is especially useful for policyholders who have to make multiple premium payments in a month and find it challenging to keep track of the various payments.

IVR (Interactive Voice Response)

  • Customers can also pay policy premiums using the IVR facility provided by the insurer.
  • To use this facility, the need to call the insurer’s toll free numbers which are 1800-103-0003 or 1800-180-0003. NRI customers can call on 0124-4315200.
  • Once the customer calls on the toll free number, they will be connected with a customer support representative who will guide them with the process of making the premium payment.

Other Payment Options

Besides the online payment options, customers can also choose from offline payment options for premium payment.

Via Cheque

  • Premium payment can also be made through Demand draft or cheque.
  • If payment is being made by any of these two options, the instrument must be drawn in favour of "Canara HSBC OBC Life Insurance Co. Ltd".
  • While making premium payment via cheque or demand draft, the policyholder must remember to write their name, mobile number, and policy number on the reverse of the demand draft/cheque.
  • If making payment via demand draft, the policyholder must also send, along with the demand draft, their bank statement which reflects the premium amount.
  • The cheque/demand draft for payment must be sent to the insurer’s corporate address i.e. Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited, Orchid Business Park, 2nd Floor, Sector-48, Sohna Road, Gurugram, Haryana, India - 122018.

Partner bank branches/HUB Offices

  • Customers can pay due policy premiums at the insurer’s HUB offices which are located across the country.
  • Payments at HUB offices can be made through Demand Draft, cheque, or by swiping your credit/debit card.
  • Customers can also pay premiums at over the counter at partner bank branches.
  • Payments being made at partner bank branches can be done through Demand Drafts, cheque, or by direct transfer wherein the premium amount is debited from the policyholder’s account.

Canara HSBC OBC Life Insurance Online Premium Payment Reviews

Page 1 of 50 1 2 3 4 5
  • Kotak Life Life Insurance
    "Excellent"
    0.5 4.5/5 "Excellent!"
    I am a employee of Kotak Life and have taken one policy for saving also company has provided me a policy. It is a long term policies. The tenure period is 15 years. I pay the premium of 18K yearly through online or sometimes cash. The online app is good and the transactions are done immediately.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 23, 2019
  • Birla Sun Life Insurance
    "Excellent service"
    0.5 5.0/5 "Blown Away!"
    I have applied my life insurance with birla life, there agent was good, they have explained me clearly about the policy benefit, and there coverage, and the premium amount they have charged me was nominal, it was on yearly basis , and i use to pay premium through on line.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jan 23, 2019
  • HDFC Life Life Insurance
    "Good service"
    0.5 4.0/5 "Great!"
    I have been holding my life insurance with HDFC LIFE from long time, and I itself have applied for this insurance is i have knowledge regarding this,and there premium amount they have given me was nominal ,i use to pay up to 3500 as an premium on yearly basis,and there is no hidden charged , and i pay premium through on line.
    Was this review helpful? 0
    , jaipur
    Reviewed on Jan 23, 2019
  • ICICI Prudential Life Insurance
    "Good service"
    0.5 4.0/5 "Great!"
    I have been holding my life insurance with ICICI prudential ,i took this insurance long bank , and i was agent and previously i was Ex -employee for them ,so i have knowledge about the insurance which insurance will be best ,and i pay premium on yearly basis, i use to pay through on line mode.
    Was this review helpful? 0
    , jaipur
    Reviewed on Jan 23, 2019
  • LIC Life Insurance
    "Good "
    0.5 4.5/5 "Excellent!"
    I have one LIC policy and its a term plan which was taken in the year of 2000 through an agent. I am happy with the service and the benefits are good. Am paying the premium of 25K per year through online. The sum assured value is 5L and I need to pay the premium till 2020.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jan 23, 2019
  • LIC Life Insurance
    "Not satisfied"
    0.5 3.0/5 "Satisfactory"
    I am having LIC policies and am using the service for more than 10 years. I only visit the branch and never contact the customer care center. I think its a money back policy and need to pay only once. I have paid the premium of 45K for 3 years through cheque. The benefits are below average.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jan 23, 2019
  • LIC Life Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    My life is insured with LIC from last 12 years and it is a money back policy. I get money back after every 5 years in this policy. I pay my premium once in 6 months and i am convenient with the payment options. Tenure period for this policy is after 30 years.
    Was this review helpful? 0
    , surat
    Reviewed on Jan 23, 2019
  • LIC Life Insurance
    "Best policy"
    0.5 5.0/5 "Blown Away!"
    I have a life insurance policy with LIC from last 15 years and it is a long term policy. My premium amount is auto debited from the salary account for this policy. I am happy with the returns and benefits of this policy. This policy will get matured at 2028.
    Was this review helpful? 0
    , pune
    Reviewed on Jan 23, 2019
  • LIC Life Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    I have a life insurance policy with LIC from last 8 years and it is a money back policy. I get money back after every 5 years and this policy is for 20 years. I pay my premium on annual basis through online and i get good returns after maturity period.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 23, 2019
  • LIC Life Insurance
    "Good Policy"
    0.5 3.5/5 "Pretty good"
    I have taken Jeevan bheema from Lic as its been Government institution , so the assurance is there regarding the policy benefits , I used to get income tax benefits I make the payments through auto debit option overall am pretty much satisfied with the service and response. .
    Was this review helpful? 0
    , mumbai
    Reviewed on Jan 23, 2019
  • LIC Life Insurance
    "Good Policy"
    0.5 3.5/5 "Pretty good"
    I took this Life insurance Money back policy from Lic insurance company mainly because of the good returns, its long tenure period of 20 years , the payment can be done through only payments Quarterly . The best about the policy is claim rate is high compared to other policy available in the market. There customer service and customer response is good .
    Was this review helpful? 0
    , mumbai
    Reviewed on Jan 23, 2019
  • LIC Life Insurance
    "Good Policy"
    0.5 3.5/5 "Pretty good"
    I took life insurance jeevan saral policy from life corporation of India . I already paid for few years . As the policy coverage of good sum assures amount , which was my first policy at my initial stage . It has good benefits like accidental coverage and critical illness coverage . The tenure period is 25 years . Overall am satisfied with my policy
    Was this review helpful? 0
    , mumbai
    Reviewed on Jan 23, 2019
  • LIC Life Insurance
    "Good Policy"
    0.5 3.5/5 "Pretty good"
    I took this life insurance jeevan anand policy from Lic insurance company mainly because of the good returns. The tenure period is 20 where i already made the payment for first 2 yeairs . Am doing my payment yearly through online banking this policy covers accidental benefits and critical illness .
    Was this review helpful? 0
    , mumbai
    Reviewed on Jan 23, 2019
  • LIC Life Insurance
    "Good service"
    0.5 4.0/5 "Great!"
    I have been using my life insurance with Life insurance corporation of India, there service is good, the agent had explain me about the policy coverage,and about plan benefits clearly, and the premium amount they have charged me on yearly basis, and they have charged me up to 3000 it is nominal , and premium amount i use to pay through on line.
    Was this review helpful? 0
    , new delhi
    Reviewed on Jan 22, 2019
  • Birla Sun Life Insurance
    "Good service"
    0.5 4.0/5 "Great!"
    I have been using my life insurance with Aditya birla , there service is they provide me was excellent, till now i have not face any issue in that, there premium amount they have charged me in monthly basis,they have charged me up to 6200, and it is nominal to me , the agent had explain me about the policy coverage and plan benefit properly,i use to pay on on line mode. overall service is good.
    Was this review helpful? 0
    , new delhi
    Reviewed on Jan 22, 2019
  • LIC Life Insurance
    "Good policy"
    0.5 5.0/5 "Blown Away!"
    I have purchased my money back policy long bank and twice i have received the cash in my account without giving any request and I'm quite happy about the received sum assured amount. I pay the premium amount of Rs. 600 every month. I make the premium through online.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 22, 2019
  • LIC Life Insurance
    "Good policy"
    0.5 5.0/5 "Blown Away!"
    Bought my life insurance policy from LIC. I have chosen the plan called Jeevan Anand. This is the tax benefits policy. I pay the premium amount of Rs. 1000 every month with the tenure period of 2.5 lakhs. This is a 15 years tenure period policy.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 22, 2019
  • LIC Life Insurance
    "Good policy"
    0.5 5.0/5 "Blown Away!"
    I have bought the life insurance policy in the year of 2011. My agent has suggested me about this policy. I have been paying the premium amount of Rs.10300 through ECS. I have chosen the mode of annually. Overall, I'm satisfied with the LIC policy.
    Was this review helpful? 0
    , ahmedabad
    Reviewed on Jan 22, 2019
  • LIC Life Insurance
    "Good Policy"
    0.5 4.0/5 "Great!"
    Purchased my money back from LIC. I have selected the LIC company for my policy its because of the better option. They are providing various payment mode facilities. I'm satisfied with the sum assured amount and LIC customer care service is really fine.
    Was this review helpful? 0
    , indore
    Reviewed on Jan 22, 2019
  • Kotak Life Life Insurance
    "Good Insurance Policy"
    0.5 4.0/5 "Great!"
    I have purchased a accidental covered policy from Kotak Mahindra bank. Kotak gives more online services and the app is really good. I have got this policy 5 months back. I made a premium amount of Rs. 1200 and this policy covers only for me. I have not claimed anything in this policy so far.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jan 22, 2019
Common Loader Icon
Page 1 of 50 1 2 3 4 5

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

reTH65gcmBgCJ7k
This Page is BLOCKED as it is using Iframes.