Canara HSBC Obc Life Insurance Online Premium Payment

• Premiums as low as Rs.17/day for sum assured of Rs.1 crore*
• Claim up to Rs. 1,50,000 deduction under section 80C**
• Choose between annual and monthly premium payment options

Canara HSBC OBC Life Insurance Company is one of the most reputed insurance companies in India and is known to provide a plethora of insurance products catering to the various needs of its customers. If you are a customer of Canara HSBC OBC Life Insurance Company, you can not only purchase an insurance plan by visiting their official website but also pay your premiums from the comfort of your home.

The process behind the payment of your premium is very easy and hassle-free in nature. We will have a look at the methods that you can use in order to pay your premiums.

Online payment of premiums through your customer portal

The steps to pay your premiums online are given below:

• Visit the link https://www.canarahsbclife.com/lifeinsurance/portal/canh/home/manage-policy/pay-premium.
• On the top right-hand side of the page, click on ‘Login’. If you are a new customer, you will be required to create a new profile for yourself.
• Enter your client ID and login password.
• Choose the policy or policies for which you need to pay your premium.
• Choose the payment mode.

• Fill the details as required. You will receive a One-Time Password (OTP) on your registered mobile number. Enter the OTP and click on ‘Submit’. The payment is completed.
• Save the payment receipt or print the payment receipt for future reference.

Payment of premium online

You can pay your premiums using any of the following online payment modes given below:

• You can use your Visa/Master/Rupay/American Express/ Diner Club International Credit Card or Master/Visa/Maestro/Rupay Debit Card, or any Debit Card + PIN to pay the premiums.
• You can also use the net banking facility provided by your bank to pay the premiums.
• You can also use prepaid wallets such as Paytm, Airtel Money, Oxigen wallet, OLA Money, JIO money, ITZ card, etc. to pay the premiums.

• You can use the auto-debit facility to pay the premiums. Under this facility, the premium amount automatically gets deducted from your bank account on the prescribed date on which the premium is to be paid.
• You can pay your premiums by converting it into EMIs.
• You can use the Instapay facility to pay the premiums. There are 33 banks who provide this particular service. If you hold a bank account in any one of these banks, you can use this facility to pay the premiums.
• You can use the Unified Payment Interface (UPI) to directly pay the premium.
• You can also scan the Bharat QR code to pay the premium.

Payment of premium using the Interactive Voice Response System (IVR) facility

You can use the IVR facility to pay the premium by calling the toll-free number 1800-103-0003/1800-180-0003. If you are a Non-Resident Indian (NRI) customer, then you can pay your premiums by calling the toll-free number 0124-4315200.

Payment of Premium through Cheque or Demand Draft

You can also pay your premiums by drawing a cheque or a demand draft in favor of 'Canara HSBC OBC Life Insurance Co. Ltd’. You will have to ensure that you also mention your name, policy number, and mobile number behind the cheque or the demand draft. You must also provide your bank statement reflecting your premium amount if you are paying through a demand draft. You can then send the cheque or the demand draft via post to the address given below:

Canara HSBC Oriental Bank of Commerce Life Insurance Company Limited, Orchid Business Park, 2nd Floor, Sector-48, Sohna Road, Gurugram -122018 Haryana, India

Visiting the nearest branch

You can visit the nearest Canara HSBC OBC Life Insurance company branch and pay your premium using your debit card or credit card, by drawing a cheque or demand draft, or through direct transfer by debiting your bank account over the payment counter.

Hence, these are some of the methods that you can employ in order to pay your premiums.