Pay renewal premium amount in Cash / DD or Cheque (local / at par) at any of the SBI Bank branches in India. Steps to follow: Walk in to any of the above Bank branch Provide Bajaj Allianz Life Policy Number and Policyholder’s Date of Birth to Bank cashier Hand over the Cash / DD or Cheque (local / at par) to the cashier Take printed acknowledgement receipt from the cashier Terms & Conditions Renewal premium payment will be accepted in Cash only up to ` 49,999 / DD or Cheque (local / at par) Renewal premium payment will be accepted only for Individual & Group Individual policies, provided the policies are in-force, or have lapsed within 180 days Payments will be accepted at Bank branch only during the working hours

Axis Bank ATM Process

Axis Bank ATM Process Axis Bank customers are also entitled to pay the renewal premium amount at AXIS Bank ATMs Here are the simple steps for payment On the main menu, select Special Services option and then select Insurance. Choose Bajaj Allianz Life Insurance Company Ltd. as the biller under the Insurance Payment option. You will be prompted to provide the 10 digit Policy Number. If the Policy Number is less than 10 digits then you have to pad it with zeroes in the beginning. You will be prompted to re-enter your Policy Number. Bajaj Allianz Life will respond with the following information on the ATM screen: Policy Number Policyholder’s Name Premium Amount Policy Due Date You will receive a confirmation message to pay the renewal premium. On clicking confirm the premium amount will be debited from your account The acknowledgement receipt will be generated from ATM with the below mentioned details: Policy Number Amount Receipt Number

Pay renewal premium amount in Cash at any of the Common Service Centres (CSC) e-Governance in India Steps to follow: Walk in to any of the above outlet / service center Provide Policy Number and Date of Birth to the cashier Hand over the Cash as applicable Take printed acknowledgement receipt from the cashier Take printed acknowledgement receipt from the cashier Renewal premium payment will be accepted in Cash only up to ` 49,999. Renewal premium payment will be accepted only for individual & group individual policies, which should be in-force policies or policies that have lapsed within 180 days. Payments will be accepted at these outlets / service centers only during the working hours.

Claim Settlement Ratio of 99.23%^~

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Pay Your Renewal Premium Online - Super Quick

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Auto Deduction On Your Preferred Debit Date

Life Insurance Policy - Renewal Payment

Online Payment
Auto Debit/Auto Pay
Branch Office Locator

Credit Card
Debit Card
EMI on selected Banks
Netbanking
Unified Payment Interface (UPI)

Pay with ease using your credit card & stay invested in your Life Goals

PAY NOW

Pay with ease using your debit card & stay invested in your Life Goals

PAY NOW

Pay with ease using the EMI facility on select credit cards and stay invested in your Life Goals

PAY NOW

Fill-up the net banking user ID & password/debit card details and proceed for registration

PAY NOW

Pay with ease using UPI and stay invested in your Life Goals

PAY NOW

Online Mandate - Net-Banking
UPI Mandate registration
Credit Card Standing Instructions (CCSI)

Proceed

Auto Pay is an automated facility which enables you to set up auto-debit instructions on your bank account for regular debit of your premium amounts.

Steps for Online Mandate Standing Instructions

Authenticate policy details by entering your policy number & date of birth

Select preferred date (optional) & the mode of registration

Select your bank from the drop down list

Provide your bank account number and click on ‘Register Now’

Fill-up bank credentials and proceed for registration

On successful authentication from bank, you will receive an on-screen success message confirming completion of auto pay registration process

All future premiums will be debited as per the due date (or preferred date) from your bank account

You can contact us on 1800-209-7272 or write us at customercare@bajajallianz.co.in for any further assistance

Note: Keep your net banking login ID, password and registered mobile number handy. You will be redirected to the bank page for authorization. Click ‘Proceed when ready.

Proceed

Auto Pay is an automated facility which enables you to set up auto-debit instructions on your bank account for regular debit of your premium amounts.

Note - Eligible for policies with mandate amount upto ₹ 15,000.

Steps for UPI Standing Instructions

Authenticate policy details by entering your policy number & date of birth

Select preferred date (optional) & the mode of registration

Provide your UPI address and click on 'Register Now '

You will receive a registration notification request on your UPI app

Approve the registration request

On successful authentication from bank, you will receive an on-screen success message confirming completion of auto pay registration process

All future premiums will be debited as per the due date (or preferred date) via your registered UPI ID

You can contact us on 1800-209-7272 or write us at customercare@bajajallianz.co.in for any further assistance

Note: Keep your UPI ID and registered mobile number handy. You will be redirected to the UPI page for authorization. Click ‘Proceed’ when ready.

Proceed

Auto Pay is an automated facility that enables you to set up auto-debit instructions through various payment methods including your credit card for regular debit of your premium.

Steps to set-up auto-debit instructions on your credit card:

Authenticate policy details by entering the policy number & date of birth of the Life Insured

Select the preferred date (optional) & the mode of registration

Enter credit card credentials and click on 'Register Now '

OTP will be triggered on the registered mobile number via the registered credit card bank.

Enter the OTP and authorise the request.

On successful authentication from the bank, an on-screen success message will be displayed confirming completion of the auto-debit mandate registration on credit card.

All future premiums will be debited via the registered credit card on the due date (or preferred date) selected against the policy.

For any further assistance, contact us on 1800-209-7272 or write us at customercare@bajajallianz.co.in for any further assistance

Note: Keep your card details and registered mobile number handy. You will be redirected to the bank page for authorization. Click ‘Proceed’ when ready

Walk-in to Bajaj Allianz Life Branch

You can pay renewal premiums by Cash / Cheque / DD / Credit Card / Debit Card at the nearest Bajaj Allianz Life branch to continue enjoying the policy benefits.

Locate Your Nearest Branch here

Cheque / DD : The Cheque / DD for paying renewal premiums should be drawn in favor of Bajaj Allianz Life Insurance Company Limited
NOTE : Kindly mention your Policy Number at the reverse side of the Cheque / DD

Cash :Renewal premium payment in cash, subject to a maximum limit of Rs. 49,999 should only be deposited at Bajaj Allianz Life Branches
NOTE : None of our agents / representatives are authorised to collect premiums in form of cash (except at Bajaj Allianz Life branches and branches of Axis Bank, SBI Bank and Common Service Centers (CSC) e-Governance
Credit Card / Debit Card

Pay renewal premiums at Bajaj Allianz Life branches using Master / Visa credit cards or through Debit Card (Visa / Maestro / Master / Rupay accepted)

Other Payment Avenues

Banks branch to pay premium
Other outlets

Read All

Frequently Asked Questions

Renewal FAQs
Servicing FAQs

Read All

Call to Buy

1800-209-4040

Disclaimers:

All charges/taxes, as applicable, will be borne by the Policyholder. An advance premium can be paid within the same financial year for any premium due in that financial year. For any premium payment due in the next financial year, the same can be paid three months prior to the premium due date. The premium shall be adjusted on the due date even if it has been received in advance.

¹Minimum premium mentioned is applicable for Bajaj Allianz Life Goal Assure IV - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L204V01) and is subject to policy terms and conditions.

^#Source: https://economictimes.indiatimes.com/investments-marts/eight-crucial-numbers-to-ensure-financial-success/10-times-the-annual-income-is-your-life-insurance/slideshow/16699748.cms . Subject to availability in Bajaj Allianz Life ULIP Plans. For more details on risk factors, terms and conditions please read sales brochure & policy document (available on www.bajajallianzlife.com ) carefully before concluding a sale.

*Benchmark: Nifty 500 Multicap Momentum Quality 50 Index past 5 CAGR Returns, as on 31st December 2024. Past returns of a fund are not necessarily indicative of the future performance of the fund. | Please consult the financial advisor before investing.

The Unit Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender or withdraw the monies invested in Unit Linked Insurance Products completely or partially till the end of the fifth year.

ULIPs are different from the traditional insurance products and are subject to the risk factors. The premium paid in ULIPs are subject to investment risks associated with capital markets and the NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions. Bajaj Allianz Life Insurance Company Limited is only the name of the Life Insurance Company and Bajaj Allianz Life Future Wealth Gain IV - A Unit- linked Non- Participating Individual Life Savings Insurance Plan (UIN:116L202V01), Bajaj Allianz Life Goal Assure IV - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L204V01), Bajaj Allianz Life LongLife Goal III is A Unit-linked Non-Participating Whole Life Insurance Plan (UIN:116L203V01), Bajaj Allianz Life Invest Protect Goal III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L205V01), Bajaj Allianz Life Magnum Fortune Plus III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L207V01), Bajaj Allianz Life Goal Based Saving III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN:116L206V01) and Bajaj Allianz Life Smart Wealth Goal V - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L201V01) are only the name of the unit linked insurance contracts and does not in any way indicate the quality of the contract, its future prospects or returns. Please know the associated risks and the applicable charges, from your Insurance agent or the Intermediary or policy document issued by the insurance company. The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns. For more details on risk factors, terms and conditions please read sales brochure & policy document (available on www.bajajallianzlife.com ) carefully before concluding a sale.

Nifty 500 Multicap Momentum Quality 50 Index Fund is available Bajaj Allianz Life Future Wealth Gain IV - A Unit- linked Non- Participating Individual Life Savings Insurance Plan (UIN:116L202V01), Bajaj Allianz Life Goal Assure IV - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L204V01), Bajaj Allianz Life LongLife Goal III is A Unit-linked Non-Participating Whole Life Insurance Plan (UIN:116L203V01), Bajaj Allianz Life Invest Protect Goal III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L205V01), Bajaj Allianz Life Magnum Fortune Plus III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L207V01), Bajaj Allianz Life Goal Based Saving III - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN:116L206V01) and Bajaj Allianz Life Smart Wealth Goal V - A Unit-linked Non-Participating Individual Life Savings Insurance Plan (UIN: 116L201V01)

In addition to the already existing funds, Nifty 500 Multicap Momentum Quality 50 Index Fund is now available with the above mentioned products. Customer has an option to choose from other available funds apart from Nifty 500 Multicap Momentum Quality 50 Index Fund.

Returns upto 26.7%*

Starting from ₹3,000/ Month¹

10X Life Cover^# + Market Linked Returns

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BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS

IRDAI or its officials do not involve in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

CIN: U66010PN2001PLC015959 | Registered Office Address: Bajaj Allianz House, Airport Road, Yerawada, Pune-411006, Maharashtra

Email: customercare@bajajallianz.co.in | Tollfree: 1800 209 7272

Disclaimer: Images used on this website and the models photographed in them are for representative purposes only and are not indicative of anyone's personal thoughts or ideas.

The Logo of Bajaj Allianz Life Insurance Co. Ltd. is provided on the basis of license given by Bajaj Finserv Ltd. to use its “Bajaj” Logo and Allianz SE to use its “Allianz” logo.

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Disclaimer

For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale. The terms and conditions of product/plan as contained in the Policy Document issued by the Company is available on the Web Site. The names of the Company, Products/Plans/funds do not indicate the quality and its future prospects or returns. IN ULIPs, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. Unlike traditional products, Unit linked insurance products are subject to market risk, which affect the Net Asset Values & the customer shall be responsible for his/her decision. Tax benefits are as per the prevailing Income Tax Laws including the Income Tax Act, 1961 and are subject to change from time to time. Goods and Services Tax will have to be borne by the Policyholder as per applicable rates. All other charges shall be levied in accordance with the terms and conditions of the policy.

This calculation and results displayed are based on information provided and certain assumptions about the rates of return. It is for assistance only and does not constitute an offer or solicitation. It is not intended to be and must not alone be taken as the basis for an investment decision. Kindly note that the returns are only illustrative and they are not guaranteed. The returns do not indicate the upper or lower limits of the return that you may get with your policy and the value is dependent on a number of factors including future performance. Bajaj Allianz Life Insurance Company Limited shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information reported by the calculator.

¹©2021 Morningstar. All Rights Reserved. The Morningstar name and logo are registered marks of Morningstar, Inc. The information, data, analyses and opinions ("Information") contained herein: (1) include the proprietary information of Morningstar and its content providers; (2) may not be copied or redistributed except as specifically authorized; (3) do not constitute investment advice; (4) are provided solely for informational purposes; (5) are not warranted to be complete, accurate or timely; and (6) may be drawn from fund data published on various dates and procured from various sources. Morningstar, its affiliates, and its officers, directors and employees shall not be liable for any trading decision, damage or any other loss arising from using the Information. Please verify all of the Information before using it and do not make any investment decision, except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up

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