You can make payment through largely at all banks website Bill Pay or Bharat Bill Pay System (BBPS) page, you need to select Insurance/Life Insurance category and select Shriram life insurance. BBPS is also available at major digital UPI platforms e.g. Google Pay, PhonePe , BHIM, Amazon Pay, iMobile, Payzaap, MobiKwik etc.), go to Bill Pay or Bharat Bill Pay System (BBPS) page and select Insurance/Life Insurance category and select Shriram life insurance.
You need Enter policy no and validate with Date of Birth to make the payment.
Shriram Life policyholders can deposit/transfer the renewal premium from any bank branch all over India where they hold an account or via net banking by using NEFT payment option.
Beneficiary Account Number (Without Space): SLIC <Policy No>
Beneficiary Name: Shriram Life Insurance Co. Ltd.
Beneficiary Bank Name: Axis Bank Limited
Beneficiary bank IFSC Code: UTIB0CCH274
Beneficiary Bank Name: MUMBAI CCPH
Q: How to mention the account no?
Ans: You have to mention “SLIC and Policy no” without any space e.g. if your policy no is NP123456789123 then you have to mention account no as “SLICNP123456789123”.
Q: If my premium payable is Rs 10,000/- can I pay Rs 9500/-?
Ans: Your NEFT transaction will be rejected since you are paying lesser than the payable amount.
Q: If my premium amount is Rs 9780/- can I pay in round figure Rs 9800/-?
Ans: Yes you can pay.
(Net banking & Debit card)
Shriram Life policyholders can now set “Auto-Debit” using their “Net-Banking & Debit card”. To register for “AUTO-DEBIT” card Click here. It’s easy and registration requires no paperwork. This facility is also available while paying the premium online at www.shriramlife.com
Note – The Net-Banking & Debit Card must be in the name of the proposer/policyholder.