Established in the year 2009, IndiaFirst Life Insurance is one of the latest entrants to the life insurance industry in India. Since the day of its establishment, the company has acquired a strong customer base through its diverse range of policies that includes term plans, endowment plans, ULIPs, retirement plans, child plans, etc. The life insurance policies offered by IndiaFirst can be used to achieve specific goals and engage in proactive financial planning. When you have a life insurance cover, you need to pay your premiums regularly to keep the policy up-to-date and enjoy your benefits.
There are many ways in which you can pay the premiums for your IndiaFirst Life Insurance cover. While it is possible to visit the branch office directly to pay the premium, online modes are the most effective. In this way, you can pay your premium from anywhere without taking time out of your busy schedule to visit the branch office. Let’s take a look at the different ways in which you can pay renewal premiums for your IndiaFirst life insurance policy.
Paying premiums through the IndiaFirst website is a very simple process. If you have a registered account, you can simply login into the portal and pay the premium securely. You may also proceed to pay the premium simply by entering the policy number and your personal details. The step-by-step instructions for paying premium through the website are given as follows:
The net banking facility offered by IndiaFirst offers another simple solution for paying your renewal premium online. You may use the net banking facility offered by Bank of Baroda or you can add IndiaFirst as a beneficiary in your bank account and transfer the outstanding premium amount. The step-by-step instructions for using this payment mode are listed as follows:
|Beneficiary Account Number||INDFIS (insert your policy number or App number without any space)|
|Beneficiary Name||INDIAFIRST LIFE INSURANCE CO LTD|
|Beneficiary IFSC Code||HDFC0000240|
|Beneficiary Bank Name||HDFC Bank|
|Branch Name||Sandoz Branch, Mumbai|
You may also pay the premium amount with the help of mobile wallets or prepaid cash cards. Policyholders can use various wallets including Jio Money and Paytm to proceed with this payment option.
In addition to regular online payments, you may also set standing instructions for auto payment of premiums. You can set standing instructions through Electronic Clearing Services (ECS) or credit card payments. The procedure for setting standing instructions are given as follows:
Customers of IndiaFirst Life Insurance can also pay their renewal premiums through the interactive voice response (IVR) service offered by the company’s call centre. You have to use your credit or debit card to use this payment mode. This service can be accessed as follows:
Listed above are the most common methods used by IndiaFirst policyholders to pay their renewal premiums. If you are not comfortable with online payment modes, you may visit the branch office and pay the premiums through cash or cheque. However, the online payment modes listed here are the most convenient and time efficient as they let you pay from the comfort of your own home. If you have any doubts regarding these payment modes, you may call the company’s customer service department and get your doubts cleared.
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