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 Branch 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.
Shriram Life policyholders can pay Premium at any of the Shriram Life Insurance branches by
- Debit/Credit Card*
Click here to find the nearest branch
*At selected locations
Shriram Life policyholders can pay premium at any AXIS Bank Branches across India, by Cheque (Local/Transfer) or Cash (only up to Rs 49,999/-*). Click here for list of Axis Bank Branches. Please draw the Cheque in favor of ‘Shriram Life Insurance Co. Ltd. Policy No XXXXXXXXXXXXXX
Click here to locate your nearest BBPS outlets.