Shriram Life Insurance Branches & Divisional Offices

Walk in to any nearest Shriram Life Insurance branch or Divisional Office to pay premium by Cash / Cheque / Demand Draft/Credit Card*/Debit Card*. Click here to find the nearest branch.

By Cheque/DD
Cheque / Demand Draft to be drawn in favor of Shriram Life Insurance Co Ltd, Please mention your policy number, name, contact number and email ID (If available) on the reverse side of the Cheque/DD to help us contact you if required.

By Cash

  • Cash payment more than Rs.49,999/- premium, policy holder needs to submit the PAN card
  • Acknowledgment receipt will be provided at branch / divisional office.

Credit Card/Debit Card

  • Credit Card/Debit Card payment available at selected locations.
  • Credit Card/Debit Card should have to be in the name of proposer/life assured.

Renewal Premium Payment at Axis Bank Branch

Shriram Life Insurance policyholders can walk in to any Axis Bank Branch across India to avail the facility of premium payment via Cheque/Demand Draft (Local/Transfer) & Cash (only up to Rs.49,999/-). Axis Bank has more than 3100 branches across India, Click here to know the nearest Axis bank branch. Please make the Cheque/Demand Draft in favor of “Shriram Life Insurance Co. Ltd” and mention your policy number, name, contact number and email ID (If available) on the reverse side of the Cheque/Demand Draft to help us contact you if required.

Click here Payment acceptance circular for Axis Bank.
Click here to download the branch list for Axis Bank.

Common Service Centre (CSC)

Shriram Life policyholders can pay renewal premium by cash (only up to Rs.49,999/-) at any Common Service Centre (CSC) outlets across India. Provide your policy number at the outlet counter and pay your premium. Common Service Center has more than 1 lakh 30 thousands centers in India, Click here to know the nearest Common Service Centre outlet.

Click here Payment acceptance circular for Common Service Centre.

Online Payment

Online payment enables Shriram Life Insurance policy holders to pay renewal premium in a few clicks via Net Banking / Credit Card / Debit Card. All major banks net banking, credit card and debit cards are enabled for online payment. Policy holder can pay renewal premium without any login ID and password, just click on “Quick Pay” and validate the details, it will redirect to payment gateway.

NEFT Payment

NEFT is an electronic transfer of money from one account to another account in a very short period. Shriram Life policyholders can deposit the renewal premium in any bank branch all over India where they hold an account.

Payment Process

  • Walk into the bank branch where policy holder holds an account.
  • Ask for the NEFT Transaction Form.
  • Duly fill in the requisite details as below and submit at the counter.
  • Receive back the bank acknowledgement counterfoil.
  • Receive a transaction SMS, giving a Unique Transaction Reference (UTR) number, acknowledging the receipt of payment.
  • In case of successful transaction, receive an SMS from Shriram Life Insurance Co Ltd, confirming the receipt and adjustment of due premium.
  • Receive the Premium Paid Receipt by post / courier from the respective Divisional Office.

Do Ensure to Mention Below Details for NEFT Transaction

Short or Sort Code/Policy No (Starting with NP, NN, LP, LN)/10 Digit Mobile no. starting with “M”

Short Code Policy No 10 Digit Mobile No
1 8 0 0 N P M

Beneficiary Account Number :  As mentioned above
Beneficiary Name :  Shriram Life Insurance Co. Ltd.
Beneficiary Bank Name and Branch :  CITIBANK, HYDERABAD
Beneficiary Bank IFSC Code :  CITI0000006
Amount (Premium to Be Paid) :  Exact Premium to be mentioned
Remitter Name and Phone Number :  Customer Name & Updated Phone Number

Important Notes:

  • NEFT charges shall be borne by the policyholder only, exclusive of the premium.
  • The remitter can be the policy holder or any representative.
  • The policyholder shall receive the UTR Number on the mobile no. given by the remitter, hence due care should taken to provide the updated mobile number.
  • It is the responsibility of the remitter / policy holder to ensure correctness of the details mentioned.

NACH/ECS

Shriram Life policyholders can pay premium via National Automated Clearing House (NACH) and Electronics Clearing System (ECS) facility by submitting the duly filled mandate form along with a cancelled Cheque at any Shriram Life Insurance Branch or Divisional Offices or hand it over to agent. This facility enables to set up auto-debit instructions on your bank account for regular debit of your premium amounts depending on your premium due date.

Payment through Paytm

Enjoy convenience when it comes to your insurance renewal. Now you can pay your premium online through PAYTM Anytime Anywhere.

All you have to do is to select insurance and the Name of the Insurer as Shriram Life Insurance, enter the policy number and date of birth then Proceed

The payment can be made through Visa ,Master Credit Card /Debit Card, Net Banking account and Paytm Wallet.

Click here to pay now

Renewal Premium Payment at ICICI Bank Branch

Shriram Life Insurance policyholders can walk in to any ICICI Bank Branch across India to avail the facility of premium payment via Cheque/Demand Draft (Local/Transfer) & Cash (only up to Rs.49,999/-). ICICI Bank has more than 4400 branches across India, Click here to know the nearest ICICI bank branch. Please make the Cheque/Demand Draft in favor of “Shriram Life Insurance Co. Ltd” and mention your policy number, name, contact number and email ID (If available) on the reverse side of the Cheque/Demand Draft to help us contact you if required.

Click here Payment acceptance circular for ICICI Bank.
Click here to download the branch list for ICICI Bank.