Renewal Payment Online: Bajaj Allianz Life Insurance

Renewal Payment Options

Pay your renewal premiums online through your Credit Card (Visa/Maestro/ Master/Amex/Diners accepted)

Pay your renewal premiums online through your Debit Card (Visa/Maestro/Master/Rupay accepted)

Pay your renewal premiums online through Netbanking

1 Allahabad Bank 2 Andhra Bank
3 Axis Bank 4 Bank of Bahrain and Kuwait
5 Bank of Baroda 6 Bank of Baroda - Corporate
7 Bank of Baroda - Retail 8 Bank of India
9 Bank of Maharashtra 10 Bank of rajasthan
11 Canara Bank 12 Central Bank of India
13 City Union Bank 14 Corporation bank
15 Cosmos Bank 16 Catholic Syrian Bank
17 Deutsche Bank 18 Development Credit Bank
19 Dhanlaxmi Bank 20 Federal Bank
21 HDFC Bank 22 I-Cash Card
23 ICICI Bank 24 IDBI Bank
25 Indian Bank 26 Indian Overseas Bank
27 Indian Overseas Bank Debit Card 28 IndusInd Bank
29 ING Vysya Bank 30 Jammu and Kashmir Bank
31 Karnataka Bank 32 Karur Vysya Bank
33 Kotak Bank 34 Laxmi Vilas Bank
35 Oriental Bank of Commerce 36 Punjab And Sind
37 Punjab National Bank -Corporate 38 Punjab National Bank - Retail
39 Punjab & Maharashtra Bank 40 Shamrao Vithal Co-operative Bank
41 South Indian Bank 42 Standard Chartered Bank
43 State Bank Of Bikaner & Jaipur 44 State Bank of India
45 State Bank Of Patiala 46 State Bank Of Travancore
47 State Bank of Hyderabad 48 State Bank of Mysore
49 Syndicate Bank 50 UCO Bank
50 Vijaya Bank 51 Yes bank

Pay your renewal premiums online through your favourite e-Wallet

You can authorize your premium payments online through Bill Junction. Register yourself at Bill Junction and follow the instructions on their web-site.

National Automated Clearing House

NACH - National Automated Clearing House click here.

Credit Card Standing Instructions

Select Credit card standing instructions click here.

  • Give policy credentials they are Policy no- date of birth- e-mail- mobile no
  • Proceed for payment
  • System will take on bank page
  • Give card details and pay
  • Upon receiving successful authentication from bank registration done by BALIC
  • Transaction will happen on due date
Cash / DD / Cheque

You can remit the premium by Cash / Cheque / DD at your nearest Bajaj Allianz Offices. Branch Locator

Chq / DD : In case if you remit the renewal premium by cheque or DD please note that the Cheque/ DD should be drawn in favor of Bajaj Allianz Life Insurance Company Limited.

NOTE : Please do not forget to mention your policy no. at the reverse side of the chq/DD

Cash : Please note, renewal premium in form of cash should only be deposited at the Bajaj Allianz Life Insurance offices and Axis bank branches.

NOTE : None of our representatives are authorised to collect premiums in form of cash

Credit Card

You can pay your premiums using your credit card (Master/Visa). You simply need to fill up the credit card standing instruction form and send it to us along with the photocopy of the front side of your credit card.

You can submit this form at any of our branch offices or mail it our communication address.

For Credit Card Auto Debit Instruction Form Click here.

Direct Debit Facility

The Direct Debit facility enables you to set up auto-debit instructions on your bank account for regular debit of your premium amounts. Depending on your premium due date, the premium gets directly debited from your bank account. To avail this facility, please submit the duly filled Mandate Form along with a cancelled cheque at any of our Branch Offices or mail it to our communication address.

Please click here to download the auto debit instruction mandate form

For opting Any of these Banks ,Please Download the Auto Debit Instruction Mandate Form below


  1. Axis Bank
  2. Allahabad
  3. Bank Of Baroda
  4. Bank Of India
  5. Citi Bank
  6. Corporation Bank
  7. Fedral Bank
  8. ICICI Bank
  9. ING VYSYA Bank
  10. IDBI Bank
  11. Indusland Bank
  12. Kotak Mahindra Bank
  13. Punjab National Bank
  14. State Bank of India
  15. State Bank Of Patiala
  16. Union Bank of India
  17. UCO
  18. United Bank of India

ADI\ADI FORM

Bank Branches
State Bank of India
State Bank of India

Enjoy the convenience of paying your renewal premium amount in Cash / DD or Cheque(local/at par) at your neighborhood State Bank of India branches located across India.

Simple Steps for payment at State Bank of India Branches:
  • 1. Walk in to any of State Bank of India branches
  • 2. Provide the Policy Number to Bank cashier
  • 3. Hand over the Cash / DD or Cheque (local/at par) to the Bank cashier
  • 4. Take printed acknowledgement receipt from State Bank of India cashier certifying receipt of premium payment
Terms & Conditions:
  • Renewal payment will be accepted only in Cash upto Rs 49999, DD or Cheques (local/at par).
  • Renewal payment with outstanding amount will be accepted for "Inforce policies & Lapse policies within 6 Months Only"
  • Renewal premium payment will be accepted at bank branch as per bank's working hours
  • Renewal Payment will be accepted only for Individual & Group Individual Policies
Yes Bank
Yes Bank Branches

Enjoy the convenience of paying your renewal premium amount in Cash / DD or Cheque (local/at par) at your neighborhood Yes bank branches located across India.

Simple Steps for payment at Yes Bank Branches:
  • 1. Walk in to the select Yes bank branch
  • 2. Provide the Policy Number and Policy Holder Date of
    Birth to bank cashier
  • 3. Hand over the Cash / DD or Cheque (local/at par) to the bank cashier
  • 4. Take a printed renewal receipt from Yes bank cashier certifying receipt of premium payment
Terms & Conditions:
  • Renewal payment will be accepted only in Cash upto Rs 49999, DD or Cheques (local/at par)
  • Renewal payment with outstanding amount will be accepted for "Inforce policies & Lapse policies within 6 Months Only"
  • Renewal premium payment will be accepted at bank branch as per bank's working hours
  • Renewal Payment will be accepted only for Individual & Group Individual Policies

Click here to see the list of Yes Bank Branches or Locate a branch near you

Axis Bank
Axis Bank Branches

Enjoy the convenience of paying your renewal premium amount in Cash / DD or Cheque (local/at par) at your neighborhood Axis bank branches located across India.

Simple Steps for payment at Axis Bank Branches:
  • 1. Walk in to any of Axis bank branches
  • 2. Provide the Policy Number and Policy Holder Date of
    Birth to bank cashier
  • 3. Hand over the Cash / DD or Cheque (local/at par) to the bank cashier
  • 4. Take a printed renewal receipt from Axis bank cashier certifying receipt of premium payment
Terms & Conditions:
  • Renewal payment will be accepted only in Cash upto Rs 49999, DD or Cheques (local/at par).
  • Renewal payment with outstanding amount will be accepted for "Inforce policies & Lapse policies within 6 Months Only"
  • Renewal premium payment will be accepted at bank branch as per bank's working hours
  • Renewal Payment will be accepted only for individual policies

Click here to know your nearest Axis Bank Branch

Axis Bank ATM Process
At AXIS BANK ATMs, customers of Axis Bank and BALIC will be entitled to pay the premium amounts.
  • The customers will select "Special Services" option in Main menu on the ATM
  • Under the Special services, the customers will select the Insurance option.
  • Under the Insurance Payment the customer will select BAJAJ ALLIANZ LIFE
  • INSURANCE COMPANY LTD. as the biller
  • Once Bajaj Allianz Life Insurance is selected, then Customer will be prompted to
  • provide the Policy Number for which premium needs to be paid.
  • Customer will be prompted to enter his 10 digit policy number. If policy number is less than 10 digits then he has to pad it with leading zeroes.
  • The Customer will be prompted to re-enter his policy number.
If the policy number is correct, Bajaj Allianz Life Insurance will respond with a reverse message containing following information :
  • Policy Number
  • Policy Holders Name
  • Premium Amount
  • Policy Due Date
  • The above details will be displayed at the ATM screen.
  • Customer will be asked if he wishes to pay the premium, if he/she wishes to pay the premium he will be asked to select Confirm button.
  • On clicking confirm button the premium amount will be debited from the customer account and Bajaj Allianz Life Insurance‚Äôs collection account will be credited.
  • BALIC will respond with a Premium receipt number.
  • A confirmation receipt will be generated from ATM containing policy number; premium amount paid & receipt number.
Allahabad Bank
Allahabad Bank Branches

Enjoy the convenience of paying your premium amount in cash at your neighborhood Allahabad bank branches located across India.

Simple Steps for payment at Allahabad Bank Branches:
  • 1. Walk in to the select Allahabad Bank branch
  • 2. Provide the Policy Number and Policy Holder Date of Birth
    to bank cashier
  • 3. Hand over the cash to the bank cashier
  • 4. Take a printed acknowledgement from Allahabad bank cashier certifying receipt of premium payment
Terms & Conditions:
  • Only Cash payment upto Rs 49999/- will be accepted
  • Renewal payment with outstanding amount will be accepted for "Inforce Policies Only"
  • Outstanding renewal payment for Lapsed policies within 6 months will be accepted
  • Renewal premium payment will be accepted at bank branch as per bank's working hours

Click here to see the list of Allahabad Bank Branches or Locate a branch near you

Other Outlets
Suvidhaa Outlet
Walk-in to any Suvidhaa Outlet

You can now pay your Bajaj Allianz Life Insurance Policy Renewal Premium up to Rs.49999/- through Suvidhaa outlets.

Benefits
  • 1. Availability of outlets even in remote locations PAN India (Click here to find Suvidhaa outlet locations)
  • 2. Premium Payment is possible even on Sundays and Holidays (If the outlet is open)
  • 3. Hassle free payment through the neighborhood vendor you know
How to pay Premium through Suvidhaa outlet in 3 easy steps
  • Walk into any Suvidhaa outlet with cash for premium payment
  • Inform Policy no and Date of Birth to verify your policy no.
  • Pay cash and collect acknowledgement

Common Service Centres
CSC ( Common Service Centres)

Enjoy the convenience of paying your renewal premium amount in Cash at across extensive network of more than 1,31,000 CSC neighboring outlets PAN India

Simple Steps for payment:
  • 1. Walk in to any of CSC Outlet
  • 2. Provide the Policy Number and Policy Holder Date of Birth to CSC Outlet.
  • 3. Hand over the Cash to the CSC Outlet
  • 4. Take a printed acknowledgment from CSC Outlet certifying receipt of premium payment
Terms & Conditions:
  • Renewal payment will be accepted only in Cash upto Rs 49,999
  • Renewal Payment with outstanding amount will be accepted for "Inforce policies & Lapse policies within 6 months Only"
  • Renewal Premium payment will be accepted at CSC Outlet as per working hours
  • Renewal Payment will be accepted only for Individual Policies and Group Individual Policies

To locate the your nearest outlet, click here.

CAMSRep
CAMSRep

Enjoy the convenience of paying your renewal premium amount in Cash / DD or Cheque (local/at par) at your neighborhood CampsRep services.

Simple Steps for payment at CAMSRep Services:
  • 1. Walk in to the CAMSRep Services Office
  • 2. Provide the Policy Number & Contact number to CAMSRep Services Cashier.
  • 3. Hand over the Cash / DD or Cheque (local/at par) to CAMSRep Services Cashier
  • 4. Take a printed renewal receipt from CAMSRep Services Cashier certifying receipt of premium payment .
Terms & Conditions:
  • Renewal payment will be accepted only in Cash, DD / Cheque (local/at par)
  • Cash payment above Rs 49,999/- will not be accepted without a valid PAN card copy of the policy holder.
  • Renewal premium payment will be accepted at CAMSRep Services branches as per below working hours.

Working Hours: 9.00 AM to 6.00 PM ( All working days)
9.00 AM to 1.00 PM (Saturday )
Counter Closed : Sunday and Public Holidays

click here. to know the authorized Service Centre closest to you.

Disclaimer: Insurance is the subject of the solicitation. For more details about risk factors, terms and conditions, please read the sales brochure carefully before concluding the sale. The terms and conditions of product/plan as contained in the Policy Document issued by the Company is available on the Web Site. Please note that the name of the Bajaj Allianz product/plan does not indicate the quality of the insurance contract and its future prospects or returns. Investment in ULIPs is subject to market risks associated with capital markets. IN ULIPs, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. 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. Service tax and education cess 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.