Recharge and Pay Bills
Pay Bajaj Allianz Life Insurance payment online on Bajaj Finserv
Paying your insurance premiums may seem like a hassle, but with Bajaj Allianz Life Insurance's new online payment system, it has never been easier. Bajaj Allianz Life Insurance is one of the most reputable insurance providers in India, offering a wide variety of life insurance plans to meet the diverse needs of customers. The company's online payment system allows policyholders to pay their premiums quickly and easily, without leaving their homes.
You can pay life insurance premiums using the BBPS platform on Bajaj Finserv as well. Bajaj Pay allows you to pay your Bajaj Allianz premium online from the comfort of your home. Visit the Bajaj Finserv website or app to make the payment and use from the various payment modes available for your convenience.
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Benefits of paying Bajaj Allianz Life Insurance premium on Bajaj Finserv
- Quick and hassle-free
With the Bajaj Finserv BBPS platform, you can make your Bajaj Allianz premium payment quickly and effortlessly.
- Safe and secure
Bajaj Finserv provides a safe and secure payment platform. Your Bajaj Allianz premium payment details are secure with the platform’s robust security measures. - Multiple payment options
Bajaj Finserv offers multiple payment options, including debit card, credit card, net banking, and UPI. This allows you to choose the payment method that suits you best.
- Instant confirmation
After making the payment, the platform immediately confirms the payment through an email and SMS.
Bajaj Allianz Life Insurance plan details
Plan
Entry Age
Tenure
Minimum Sum Assured
Bajaj Allianz Life LongLife Goal
Minimum Age: - 18 years
99 minus age at entry of life assured
10 times annualized premium
Maximum Age: - With waiver of premium: - 65 years
Without waiver of premium: - No limit
Bajaj Allianz Smart Wealth Goal
Minimum Age: - 0 Years
10 Years to 60 Years
10 times annualized premium
Maximum Age: - 60 Years
Bajaj Allianz Life Goal Assure
Minimum Age: - 0 Years
5/10/15/20 Years
10 times annualized premium
Maximum Age: - 60 Years
Bajaj Allianz Future Gain
Minimum Age: - 1 Year
10/15/20/30 Years
10 times annualized premium
Maximum Age: - 60 Years
Bajaj Allianz Fortune Gain
Minimum Age: - 1 Year
7 to 30 Years
1.25 times single premium if age at entry < 45 Years
Maximum Age: - 63 Years
1.1 times single premium if age at entry >=45 Years
Bajaj Allianz Future Wealth Gain
Minimum Age: - 0 Year
10/15 to 25
7 times annualized premium
Maximum Age: - 60 Years
Bajaj Allianz Life Goal Based Saving
Minimum Age: - 0 Year
5/10/15/20 Years
10 times annualized premium
Maximum Age: - 60 Years
Bajaj Allianz Life Principal Gain
Minimum Age: - 7 Years
7 to 15 Years
10 times of annual premium
Fees and charges
A convenience fee of up to 2% will be charged depending on the transaction amount and payment mode (inclusive of applicable taxes). For more information on fees and charges, click here.
Note: For failed transactions, the total amount including charges except taxes are reversed.
Bajaj Allianz Life Insurance: Late payment charges
- 2% per month of the unpaid premium amount applies from the due date onwards.
- Minimum penalty: Rs. 100, even if the late payment amount is smaller.
- Quick and hassle-free
Steps to make Bajaj Allianz Life Insurance premium payment online on the Bajaj Finserv app
You can make Bajaj Allianz Life Insurance premium payment online using the Bajaj Finserv app by following these steps:
- Download the Bajaj Finserv app from the Google Play Store or App Store and install it on your device
- Open the app, log in, or register if you are a new user
- Go to ‘BILLS AND RECHARGES’ and select ‘LIC/INSURANCE’ under ‘FINANCIAL SERVICES AND TAXES’ section
- Choose ‘BAJAJ ALLIANZ LIFE INSURANCE’ as your issuer
- Enter your policy number and DOB and click on ‘FETCH YOUR BILL’
- Select a payment method from the list of available payment options such as credit cards, debit cards, and net banking
- After choosing your preferred payment mode, enter the requested payment details
- Check the details you entered and click on 'PAY NOW’
You will receive a notification from Bajaj Finserv after successful payment.
Steps to pay Bajaj Allianz Life Insurance premium online on the Bajaj Finserv website
Here is how you can your life insurance premium online on the Bajaj Finserv website:
- Visit the Bajaj Finserv website or click on https://www.bajajfinserv.in/
- Go to the ‘BILLS AND RECHARGES’ under the ‘PAYMENTS’ section
- Under ‘FINANCIAL SERVICES AND TAXES,’ select ‘LIC/INSURANCE’
- Choose your biller from the drop-down
- Enter your loan number and click on ‘FETCH YOUR BILL’
- Select a payment method from the list of available payment options such as credit cards, debit cards, and net banking
- After choosing your preferred payment mode, enter the requested payment details
- Check the details you entered and click on 'PAY NOW’
You will receive a notification from Bajaj Finserv after successful payment.
Renew other life insurance premiums
Bajaj Finserv app for all your financial needs and goals
Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.
You can use the Bajaj Finserv App to:
- Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
- Invest in fixed deposits and mutual funds on the app.
- Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
- Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
- Apply for Insta EMI Card and get a pre-approved limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
- Shop from over 100+ brand partners that offer a diverse range of products and services.
- Use specialised tools like EMI calculators, SIP Calculators
- Check your credit score, download loan statements and even get quick customer support—all on the app.
Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.
Frequently asked questions
You can download their paid premium receipt by logging in to your account on the Bajaj Allianz website or mobile app. Once logged in, you can navigate to ‘PAYMENT HISTORY’ section and select the relevant payment to download the receipt.
Yes, Bajaj Finserv also provides other recharge services such as:
Yes, Bajaj Finserv also provides other bill payment services such as:
- Postpaid bill payment
- Loan payment
- Broadband bill payment
- Education fee payment
- Landline bill payment
Online premium payments for Bajaj Allianz provide security, speed, and convenience. You can pay whenever you want, from anywhere, saving you the trouble of going to a branch. Additionally, online payments offer immediate confirmation, which lowers the possibility of missing deadlines. Furthermore, a variety of payment options, such as credit/debit cards, net banking, or UPI, are available, which further streamlines and expedites the procedure.
Enter your policy number and password to access the Bajaj Allianz customer portal and track the history of premium payments made to the company. Go to the "Transaction History" or "Payment History" area to view and download a comprehensive history of all previous subscription payments. This guarantees that all premiums are current and enables you to keep track of payments.
No, Bajaj Allianz typically does not impose any extra costs on customers who pay their premiums online. However, depending on the payment method—credit/debit card or net banking—your bank might impose small fees. Although the majority of transactions are often free of additional fees, always check any possible fees during the payment process.
For your Bajaj Allianz life insurance policy, you may, in fact, set up automatic payments. Enter your login information and go to the "Auto-Debit" or "ECS" section of the Bajaj Allianz client portal. Give permission for automatic deductions and provide the details of your bank account. By guaranteeing prompt payments, you can prevent late fees and continue to get coverage under your policy.
To contact Bajaj Allianz customer support for payment-related queries, you can call their toll-free helpline at 1800-209-7272. Alternatively, you can email them at customercare@bajajallianz.co.in or use the "Contact Us" section on their website to chat with a representative or submit your query online.
