The Standing Instruction will be activated within 3-4 days and debits will begin from the next due date.
To activate this option, you will need to select the payment gateway of Billdesk - > Select Pay through Credit Card - > Select "One Time Payment + Standing Instruction" The required validations will be conducted and money will be deducted from your Jio Money Wallet and credited to you SBI Life policy, all in real time.Īnother mode of premium payment is giving a Standing Instruction (SI) against your VISA or MasterCard Credit Card while making online payment. Step 2 - Click ‘Recharge & Bill Pay’ and go to the ‘Bill Pay’ option
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Step 1 - Download ‘Jio Money’ App on your mobile phone
The necessary validations will be conducted and money will be deducted from your SBI Buddy wallet and credited to your SBI Life policy, all in real time. Step 4 - Enter Policy Number, Date of Birth and complete the transaction Step 3 - Select Biller category as ‘Insurance’ and choose ‘SBI Life Insurance’ as biller Step 2 - Click ‘Recharge & Bill Pay’ and select the ‘Bill Pay’ option
Step 1 - Download the State Bank ‘Buddy’ App on your mobile phone You can now pay your insurance premium through the following eWallets: Your payment acknowledgement will be sent to your Email ID. Download SBI Life Easy Access Mobile AppĬlick on the ‘Renewal Premium Payment’ option on the Home Page and submit your Policy Number, Date of Birth & Email ID. You can also pay your renewal premium by using our mobile application. You can either choose to pay the premium immediately or schedule the payment for a convenient date before the premium date. After verification, this service will be activated and the premium bill will be displayed in your log-in with the due date and the premium due. To register for this facility, please log in to, add SBI Life as your biller and provide your policy details for registration. Visa BillPay ( If you hold a Visa credit card that has been issued in India, you can register for paying premium through Visa BillPay. The Renewal Premium Receipt will be sent after adjustment / allocation of premium.ģ. Receipt for every successful transaction, you will get a Success Report and Premium Acknowledgement Receipt instantly. However, in case you are unable to pay premium on the due date, you can still pay premium online up to 5 months and 25 days from the premium due date. Online premium payment can be made 30 days in advance from the premium due date. If you are a non-registered customer, you can visit to make the payment. If you are already a registered customer of the My Policy self-service portal, you can pay the premium by logging in to My Policy. You do not need to register and there is no extra charge for payment through the website. On the website, you have the option to make the payment with your Visa/Master/American Express or Diners Credit Card or through your internet banking account with any of the partner banks listed on the website. You can conveniently pay renewal premium on the SBI Life website. You can choose to pay the premium immediately or schedule the payment for a convenient date before the premium due date. The premium bill will be displayed once you login, indicating the due date and the premium due. Alternatively, you can register through After verification, this service will be activated and a premium due advice will be sent to your banker. If you are an internet banking customer of State Bank of India or any of our partner banks, you can enjoy the convenience of online payments.Īll you have to do is add SBI Life as your biller (SBI Life is listed as a national biller) and provide your Policy details. You can choose from multiple options to pay your insurance premium online, without any requirement of physical documents submission. Online Standing instruction on credit cardĩ.
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