Shriram Life Renewal Premium Payment Options

Quick Pay
Shriram Life policyholders can pay premium through the quick pay option available on the Shriram Life website. Click here to pay premium now.
Net Banking
Shriram Life policyholders can pay premium through Net Banking option available on the Shriram Life website. Click here to pay premium now.
UPI
Now Shriram Life policyholders can pay premium through UPI (Unified Payments Interface). To pay via UPI, click here & select “UPI” in the payment options.
Credit Card
Shriram Life policyholders can pay premium via Credit Card (Master/ Visa/ Rupay Cards) on Shriram Life website. Click here for premium payment through Credit Card.
Debit Card
Shriram Life policyholders can pay premium via Debit Card (Master/ Visa/ Rupay Cards) on Shriram Life website. Click here for premium payment through Debit Card.
BBPS

You can make payment through largely at all banks website Bill Pay or Bharat Bill Pay System (BBPS) page, you need to select Insurance/Life Insurance category and select Shriram life insurance. BBPS is also available at major digital UPI platforms e.g. Google Pay, PhonePe , BHIM, Amazon Pay, iMobile, Payzaap, MobiKwik etc.), go to Bill Pay or Bharat Bill Pay System (BBPS) page and select Insurance/Life Insurance category and select Shriram life insurance.

You need Enter policy no and validate with Date of Birth to make the payment.

Rupay
Debit Card
Shriram Life policy holders can now pay premium online using Rupay Debit Card. To pay via Rupay Debit card click here & select “Debit card-Rupay” in the payment options.
Wallets
Shriram Life policy holders can now pay premium using e-wallets (Airtel Money, M-Rupee, Paytm, Vodafone M-Pesa) on the Shriram Life website. Click here for premium payment through wallets.
NEFT

Shriram Life policyholders can deposit/transfer the renewal premium from any bank branch all over India where they hold an account or via net banking by using NEFT payment option.

Beneficiary Account Number (Without Space): SLIC<Policy No>

Beneficiary Name : Shriram Life Insurance Co. Ltd.
Beneficiary Bank Name: Axis Bank Limited
Beneficiary bank IFSC Code: UTIB0CCH274

FAQs

Q: How to mention the account no?

Ans: You have to mention “SLIC and Policy no” without any space e.g. if your policy no is NP123456789123 then you have to mention account no as “SLICNP123456789123”.

Q: If my premium payable is Rs 10,000/- can I pay Rs 9500/-?

Ans: Your NEFT transaction will be rejected since you are paying lesser than the payable amount.

Q: If my premium the premium amount is Rs 9780/- can I pay in round figure Rs 9800/-?

Ans: Yes you can pay

Direct Debit
from Bank
The Direct Debit facility is an automated facility which enables you to set up auto-debit instructions on your bank account for regular debit of your premium. You can pay premium via Direct Debit facility by submitting the mandate form along with a cancelled Cheque or bank Pass Book copy at any SLIC Branches or hand it over to agent. The direct debit facility currently available with State Bank of India.
NACH
The NACH (National Automated Clearing House) facility is an automated facility which enables you to set up auto-debit instructions on your bank account for regular debit of your premium. You can pay premium via NACH facility by submitting the mandate form along with a cancelled Cheque or bank Pass Book copy at any SLIC Branch or hand it over to the agent.
SI on
Credit Card

Shriram Life policyholders can set standing instructions online via Credit Card (Master/Visa Card) Click here to register now. It’s easy and registration requires no paperwork.This facility is also available at the time of making premium payment online at www.shriramlife.com

Note – The Credit Card must be in the name of the proposer/policyholder

SI on
Debit Card

Shriram Life policyholders can now set standing instruction using their ICICI & HDFC Bank Debit card. To register for SI on Debit card click here. It’s easy and registration requires no paperwork. This facility is also available while paying the premium online at www.shriramlife.com.

Note – The Debit Card must be in the name of the proposer/policyholder.

Shriram Life
Branches

Shriram Life policyholders can pay Premium at any of the Shriram Life Insurance branches by

  • Cheque/DD
  • Debit/Credit Card*
  • Cash

Click here to find the nearest branch
*At selected locations

Axis Bank

Shriram Life policyholders can pay premium at any AXIS Bank Branches across India, by Cheque (Local/Transfer) or Cash (only up to Rs 49,999/-*). Click here for list of Axis Bank Branches. Please draw the Cheque in favor of ‘Shriram Life Insurance Co. Ltd. Policy No XXXXXXXXXXXXXX

ICICI Bank
Shriram Life policyholders can pay premium at any ICICI Bank Branch across India, by Cheque (Local/Transfer) or Cash (only up to Rs 49,999/-*). Click here for list of ICICI Bank Branches. Please draw the Cheque in favor of ‘Shriram Life Insurance Co. Ltd. Policy No XXXXXXXXXXXXXX
Common
Service Centre
Shriram life policyholders can pay renewal premium in cash (only up to 49,999/-) at any Common Service Centre (CSC) outlets across India. Provide your policy number and pay your premium.
Click here to locate your nearest Common Service Centre outlet
BBPS
Now you can pay renewal premium by Cash/UPI at any BBPS outlets across India by just providing policy number & date of birth.
Click here to locate your nearest BBPS outlets.
Shriram Life
Mobile App
Shriram Life policy holder can download the Shriram Life Android App from the Google play store. Quick Pay option is available in the menu for renewal premium payment.
Paytm
Mobile App
You can make premium payment by using the Paytm app. Select Shriram Life Insurance Co Ltd in Insurance segment to pay the premium.
Click here to download the iOS App.
Click here to download the Android App.