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Home > Services > NRI Corner > Pay Premium

Pay Premium

 
The modes available for renewal payment by an NRI are as below:
 
You can pay through Cheque/Demand draft at any SBI Life branches. Payment should be in INR from any Indian Bank accounts held in your name through cheque of NRE Account or NRO Account.
 
SBI Life Website- You can visit our website www.sbilife.co.in and click on Pay Premium Online on the home page. Payments through Credit Cards/Debit Card and Net Banking.
 
* We do not accept premium through Credit Cards issued outside India.
 
Electronic Bill Presentment & Payment(EBPP)- You can add SBI Life as a biller through your bank's Net Banking portal or through www.billdesk.com and make payments.
 
Standing Instruction Credit Card - Available only through Visa/Master Card/ Diners/ Amex Credit Cards. Payment can be made by registering your credit card with us by submitting to the nearest SBI LIfe branch a filled mandate form with self attested photo copy of Credit Card ( Front side only).
 
* We do not accept premium through Credit Cards issued outside India.
 
IVR- Call our Toll Free No: 1800229090, provide your Pol No and DOB. IVR provides premium due date, amount and option to pay premium using Credit Card ( Visa/Master Card). Provide Card no and OTP received from Bank/Credit Card. IVR confirms the payment with transaction ID.

* We do not accept premium through Credit Cards issued outside India.
SI EFT- Auto debit facility available only for SBI and its Associate Bank Holders. Registering by submitting the filled SI EFT mandate form at nearest SBI Life/Bank branches.
 
ECS Facility • Registration only for policy holders with bank account in these locations by submitting filled Mandate Form along with a cancelled cheque at the nearest SBI Life branch. Future premiums will be debited from your account.
 
Direct Debit Facility- Registration only for policy holders with bank account in these below 18 bank accounts by submitting filled Mandate Form along with a cancelled cheque at the nearest SBI Life branch. Future premiums will be debited from your account.

Axis Bank, CITI Bank, Corporation Bank, ICICI Bank, Bank of Baroda, Union Bank of India, State Bank of India, State Bank of Patiala, Bank of India, IndusInd Bank, Punjab National Bank, IDBI Bank, Federal Bank, Allahabad Bank, Karnataka Bank, UCO Bank, United Bank of India and Kotak Bank.
   
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