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India First Life Insurance Online Premium Payment

If you are a life insurance policyholder, you need to pay your premiums regularly to keep the policy active. Private life insurer IndiaFirst Life Insurance offers various online channels to help its customers make premium payments easily.
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IndiaFirst Life Insurance Company, which was established in Nov 2009, is among the leading names in the Indian life insurance sector. The company came into existence following a joint venture between the UK-based financial investment company, Legal & General, with two of India's leading public sector banks – Andhra Bank and Bank of Baroda. The company, which will soon complete a decade, was formed with the vision of making affordable insurance solutions accessible to more and more people across India, in order to help them lead a better life.

Currently, the insurer retails a variety of life insurance solutions which include individual insurance plans, group insurance plans, and investment funds. Under individual life insurance, IndiaFirst offers wide range of plans which include protection plans, retirement plans, and savings plans. Under group life insurance, the company sells a variety of plans like employee liability plans, credit plans, term plans, and life insurance plans.

IndiaFirst Life Insurance Online Premium Payment Options

Making your premium payments on time can ensure that you have continued life insurance coverage. However, individuals who have to keep track of various insurance policies and loan repayments may find it challenging to keep track of due payment dates for various policies. To eliminate this very difficulty, IndiaFirst has set up a number of online premium payment options via which policyholders can securely pay due policy premiums.

IndiaFirst website

  • Customers can make their renewal premium payment on the India First Life Insurance website, or even by logging on to the IndiaFirst customer portal.
  • To pay through the website, they must click on the ‘I Want To’ section on the main page of the IndiaFirst website.
  • Upon clicking, various options will be displayed on the page, out of which they must click on ‘Pay Premiums Instantly’.
  • On the next page which appears, you will be able to view the various options for online premium payment and also make your premium payment via the website.
  • To make payment, you will need to enter your policy number, date of birth, and mobile number or email address.
  • After you have put in the details, click on ‘Continue’ and you will be able to see all the details of your policy and also the premium due.
  • Confirm the details displayed on the screen and proceed to make the premium payment.

Net banking

  • Customers who hold an IndiaFirst Life policy and also a Bank of Baroda account can easily make their premium payment using the Bank of Baroda net banking platform.
  • To make premium payment via the aforementioned bank’s platform, customers will be required to register their policy on www.bobibanking.com, after which they can begin making premium payments for their IndiaFirst policy.
  • Policyholders who have accounts with other banks can also use the net banking platform of their respective bank to make premium payment of an IndiaFirst policy.
  • To make such payments, policyholders must first register their IndiaFirst Life as a beneficiary under their respective net banking account. The bank details to be entered are:
Beneficiary A/C Number INDFIS*insert Policy/App No.*
Beneficiary Name Indiafirst Life Insurance Co. Ltd.
Beneficiary IFSC HDFC0000240
Beneficiary Bank Name HDFC Bank
Branch Name Sandoz Branch, Mumbai

Cash Cards/Wallet

  • To further facilitate online payment of premiums, IndiaFirst has now enabled policyholders to make premium payment using online/mobile wallets or cash cards.
  • This method of online payment can be used for payment of policy renewal premiums.
  • Customers can make premium payments using online wallet services like PayTM, JioMoney, and several more.

ECS (Electronic Clearing Services)

  • The ECS facility is an electronic web-based feature wherein the premium amount is deducted from the bank account specified by the policyholder for payment of premiums.
  • This facility is great help to those individuals who may have multiple premium payments to keep track of. With auto-debit, there is no hassle of having to remember the due payment date on a regular basis.
  • To make premium payments via ECS, the policyholders must first submit a duly filled ECS mandate form and a cancelled cheque at any IndiaFirst Life branch.
  • The mandate form and cancelled cheque can also be mailed to CFR Department, IndiaFirst Life Insurance Company Ltd., 301, 'B' Wing, TRIL 4, Infinity Park, Dindoshi - Film City Road, Malad (East), Mumbai - 400 097.

Credit Card Standing Instructions

  • IndiaFirst Life policyholders who hold a Visa or MasterCard credit card can easily make premium payments by setting standing instruction on their credit card.
  • This method of premium payment is easy, secure, and does not require you to fill out any paperwork.
  • To set standing instructions on your credit card for premium payment, you can visit the IndiaFirst website.

Account Transfer

  • Customers can make premium payments swiftly and securely via online account transfer using NEFT (National Electronic Fund Transfer) or RTGS (Real Time Gross Settlement).
  • Policyholders who hold a Bank of Baroda account can also pay premiums via account transfer from a Bank of Baroda ATM.
  • For premium payment via NEFT or RTGS from a non-Bank of Baroda account, the policyholder must add IndiaFirst as a beneficiary to make the account transfer.
  • Following are the details to be entered for adding IndiaFirst as a beneficiary:
Beneficiary A/C Number INDFIS*insert Policy/App No.*
Beneficiary Name Indiafirst Life Insurance Co. Ltd.
Beneficiary IFSC HDFC0000240
Beneficiary Bank Name HDFC Bank
Branch Name Sandoz Branch, Mumbai

IVR (Interactive Voice Response)

  • To simplify premium payments, IndiaFirst Life has also setup a special IVR (interactive voice response) facility which can be used by policyholders holding a credit card.
  • To avail this service, the policyholder must call the IndiaFirst toll-free number i.e. 1800 209 8700.
  • They will be provided with clear instructions by trained executives regarding making premium payment using their credit card.
  • Premium payment using a credit card can only be made by the policyholder if the card has been issued in their (policyholder’s) own name.

Cheque or Cash

  • Customers can make renewal premium payments in cash or by cheque at IndiaFirst Life branches.
  • Renewal premium payments can also be made at various partner bank branches like Andhra Bank branches, Axis Bank branches, or Bank of Baroda branches.
  • IndiaFirst Life policyholders can also pay policy renewal premiums in cash or by cheque, up to a maximum amount of Rs.49,999 at Common Service Centres located across India.
 4.5 / 5.0   by 18887 users
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IndiaFirst Life Insurance Online Premium Payment Reviews

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  • LIC Life Insurance
    "Good Service"
    0.5 2.0/5 "Expected more"
    I have Life Insurance policy which was taken through LIC agent .This is a money back policy it is for the tenure of 15years paying the premium on yearly basis ,I am paying the premium through online ,The premium is nominal and got all the required details about the policy through the agent .
    Was this review helpful? 0
    , chennai
    Reviewed on Jun 17, 2019
  • LIC
    LIC Life Insurance
    "Good Service"
    0.5 5.0/5 "Blown Away!"
    I have taken Life Insurance policy through LIC agent only .This policy is a Maturity policy and this is a children plan it is for the tenure of 20years ,The premium is paid on yearly mode and the premium amount is Rs.24000.I have not faced any difficulties as well.I have got all the details about the policy through the agent .
    Was this review helpful? 0
    , bangalore
    Reviewed on Jun 17, 2019
  • LIC Life Insurance
    "GOOD"
    0.5 4.5/5 "Excellent!"
    I am holding the life insurance policy with LIFE INSURANCE CORPORATION OF INDIA since from last 10 years, the maturity period is for 25 years and premium paying for yearly once. This gives the coverage for family. The executive explained details and hard copy shared.
    Was this review helpful? 0
    , mumbai
    Reviewed on Jun 17, 2019
  • LIC Life Insurance
    "Good Service"
    0.5 5.0/5 "Blown Away!"
    I have takwen Life Insurance policy throguh LIC agent only .This policy is a Maturity policy and this is a children plan it is for the tenure of 20years ,The premium is paid on yearly mode and the premium amount is Rs.12000.I have not faced any difficulties as well.I am very much comfortable with the service .
    Was this review helpful? 0
    , bangalore
    Reviewed on Jun 17, 2019
  • LIC Life Insurance
    "BEST"
    0.5 5.0/5 "Blown Away!"
    I have purchased the policy and using it since from last 2013 and the name of policy is JEEVAN LABH the benefit of this policy is they give the good returns. The maturity period is for 25 years and premium paying for monthly once through ecs. The sum assured amount of 15L rupees. The coverage is for accidental also death coverage.
    Was this review helpful? 0
    , mumbai
    Reviewed on Jun 17, 2019
  • LIC Life Insurance
    "Good service"
    0.5 4.0/5 "Great!"
    I have taken some life insurance policy with Life insurance corporation of India from long time, the agent had clearly explain me about the plan benefits and policy coverage, the agent is my friend only he had suggested some policy where i can get good benefits, the premium amount i use to make on monthly basis, it use to get auto debited from my account.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jun 17, 2019
  • LIC Life Insurance
    "Good"
    0.5 3.5/5 "Pretty good"
    I have taken a life insurance in LIC before 20 years. The policy is for 30 years which I have taken for jeevan andha. Now I am paying premium in the quarterly package. While getting a policy my agent has not given much information about the policy details and provided documents. I use to do payments through an online.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jun 17, 2019
  • LIC Life Insurance
    "Good insurer"
    0.5 5.0/5 "Blown Away!"
    I have taken a life insurance in LIC before 9 years. The policy is for 20 years. Now I am paying premium in the monthly package. While getting a policy my agent has given an information about the policy details and provided documents as well. I use to do payments through an online.
    Was this review helpful? 0
    , kolkata
    Reviewed on Jun 17, 2019
  • LIC Life Insurance
    "GOOD"
    0.5 5.0/5 "Blown Away!"
    I have purchased the JEEVAN ANAND policy and the JEEVAN SARAL policy with LIFE INSURANCE CORPORATION OF INDIA where the maturity period for 25 years, the premium paying for 3 months once. The policy coverage is for self and it is the good policy to use.
    Was this review helpful? 0
    , kolkata
    Reviewed on Jun 16, 2019
  • LIC Life Insurance
    "Good and trustworthy policy"
    0.5 5.0/5 "Blown Away!"
    I have bought a life insurance policy from LIC since its a Government based company and best option in India. I have chosen them. The policy which i have taken is not available right now. I have been paying the premium which is convenient for me. This is tax benefiter to me. I have chosen the yearly payment mode.
    Was this review helpful? 0
    , kolkata
    Reviewed on Jun 16, 2019
  • LIC Life Insurance
    "Plan is good"
    0.5 5.0/5 "Blown Away!"
    Earlier i had taken the policy from LIC. Since its a long term company and Government undertaken company hence i have chosen the policy. Lockin period of the policy is 12 years. I paid the premium amount of Rs. 2700 every quarter. I got the returns perfectly. I have bought the loan and closed the policy.
    Was this review helpful? 0
    , chennai
    Reviewed on Jun 16, 2019
  • Exide Life Insurance
    "Short period payment policy"
    0.5 4.0/5 "Great!"
    I have purchased a life insurance policy from Exide. I need to pay the premium for first 3 years. After 10 years, i will be getting the returns. I will be getting the maturity of 10 times greater. When i was working as a advisor, i have chosen the policy. I used to pay the premium in their branch. I am paying the premium amount of Rs. 50000 yearly.
    Was this review helpful? 0
    , chennai
    Reviewed on Jun 16, 2019
  • LIC Life Insurance
    "GOOD POLICY"
    0.5 5.0/5 "Blown Away!"
    I am using the life insurance policy with LIC from 2012 and the name of the policy is JEEVAN ANAND which has the maturity period of 26 years and I am paying a premium of 6000 rupees and above for 6 months once. The policy has a coverage for the family.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jun 16, 2019
  • SBI Life Life Insurance
    "GOOD"
    0.5 5.0/5 "Blown Away!"
    I am holding the life insurance policy with SBI LIFE where i have purchased the MONEY BACK policy but i got no money back so far with this policy. The policy gives the coverage for self also the premium paying for self. There is no issues with the policy.
    Was this review helpful? 0
    , chennai
    Reviewed on Jun 16, 2019
  • HDFC Life Life Insurance
    "GOOD"
    0.5 5.0/5 "Blown Away!"
    I have taken the MONEY BACK policy with HDFC LIFE and using from last one year. The policy coverage is for self added on that the policy maturity period is fir self, i have got no cash backs so far with this policy. Premium paying for yearly once.
    Was this review helpful? 0
    , chennai
    Reviewed on Jun 16, 2019
  • LIC Life Insurance
    "GOOD"
    0.5 5.0/5 "Blown Away!"
    I have purchased the JEEVAN ANAND policy with the LIFE INSURANCE CORPORATION OF INDIA the policy has the maturity period of long term and the policy coverage is for self. I am holding the policy from last 9 years, premium paying for yearly once.
    Was this review helpful? 0
    , chennai
    Reviewed on Jun 16, 2019
  • LIC Life Insurance
    "Excellent service"
    0.5 5.0/5 "Blown Away!"
    I have been using life insurance with Life insurance corporation of India , and the premium they use to charge me was nominal they have charged me up to 2500 and it use pay my insurance premium through on line itself, there agent had explained me clearly about the the policy and coverage in this policy, overall service is going smoothly.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jun 16, 2019
  • LIC Life Insurance
    "Average service"
    0.5 3.0/5 "Satisfactory"
    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 up to 5000 premium amount it use to get auto debited from my account.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jun 16, 2019
  • LIC Life Insurance
    "Excellent"
    0.5 4.0/5 "Great!"
    I have taken a life insurance in LIC before one year. The policy is for 15 years. Now I am paying premium in the monthly package. While getting a policy my agent has given an information about the policy details and provided hard copy documents as well. This policy covers up to myself.
    Was this review helpful? 0
    , mumbai
    Reviewed on Jun 15, 2019
  • LIC Life Insurance
    "Good"
    0.5 4.5/5 "Excellent!"
    I have taken a life insurance in LIC before 5 years. The policy is for 20 years. Now I am paying premium in the quarterly package. While getting a policy my agent has given an information about the policy details but still I have not receive the hard copy documents. Some times I do a payments through an online or else I provide amount to brother since he is an agent for this policy.
    Was this review helpful? 0
    , new delhi
    Reviewed on Jun 15, 2019
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