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Other Payment Options
Check Discounts on advance renewal payment

You can pay your renewal premiums online using UPI, Netbanking, Debit card & Credit card in three easy steps.

Step 1: Sign in into your account.

Step 2: Select the policy you want to pay premium for

Step 3: Make Payment

Pay Online At IndiaFirst Life Insurance Website

IndiaFirst Life policy holders can pay premiums using Bank of Baroda’s Net Banking Facility. Simply register your policy on www.bobibanking.com and start making your premium payments instantly.

Beneficiary Account Number: INDFIS (Followed by Policy No./ App No. without any space

Beneficiary Name: INDIAFIRST LIFE INSURANCE CO LTD

Beneficiary IFSC Code: HDFC0000240

Beneficiary Bank Name: HDFC Bank

Branch Name: Sandoz Branch, Mumbai

Netbanking (NEFT/RTGS)

You can use EBPP commonly known as Bill Pay service offered by all major banks to pay premiums for your IndiaFirst Life Insurance policy. You can use this service with the help of net banking facility, go to utility bill payment facility and add "IndiaFirst Life Insurance” as biller.

Electronic Bill Payment & Presentment (EBPP) with banks

Wire transfer is a preferred payment option for NRI customers or customers staying or paying premium from location outside India. Easy Steps to wire transfer your premium payment:

1. Fill the transfer advice with correct company name i.e. IndiaFirst Life Insurance Co. Ltd, 8-digit policy no. and amount transferred.

2. Post successful transfer, kindly share the SWIFT transfer copy/transfer advice with us at customer.first@indiafirstlife.com, so that your money can be received and credited to your policy.

Account details for the wire transfer:

Beneficiary Account Number: INDFIS (Followed by Policy No./ App No. without any space

Beneficiary Name: INDIAFIRST LIFE INSURANCE CO LTD

Beneficiary IFSC Code: HDFC0000240

Beneficiary Bank Name: HDFC Bank

SWIFT Code: HDFCINBB

Branch Name: Sandoz Branch, Mumbai

Wire transfer

Now, IndiaFirst Policyholder can make payments through largely all banks website

Step 1: Go to Bill Pay >> Select Insurance category>> Select IndiaFirst Life Insurance

Step 2: Enter policy Number and make payment. Any mobile app enrolled with BBPS (iMobile, Gpay, PhonePe, BHIM etc.)

Step 3: Select Insurance category>> Select IndiaFirst Life Insurance
Step 4: Enter policy number and make payment

Bharat Bill Payment Services (BBPS)

As an IndiaFirst Life policy holder, you can set up a direct debit instruction for your renewal via ECS by submitting the mandate form, duly signed along with a cancelled cheque at your nearest IndiaFirst Life branch. To locate the nearest branch, click here.

Alternatively, you can email us the singed mandate form on the address below:

CFR Department
IndiaFirst Life Insurance Company Ltd
12th and 13th Floor, North [C] wing, Tower 4,
Nesco IT Park, Nesco Center,
Western Express Highway,
Goregaon (East), Mumbai – 400063.

ECS

Set standing instructions with the help of login functionality on our customer service portal. Visit Standing Instruction registration section under Transactions on Customer service portal.

Credit Card Standing Instructions

Auto pay by registering on our customer service portal. Check e-nach/auto pay section under Transactions once you login on our customer service portal. You can set auto pay via Netbanking or by sharing your debit card details. All your future premiums will be debited as per the payment instruction.

Auto Pay Using Debit Card & Netbanking

IndiaFirst Life Branches- Premium payment can be deposit at any branch of IndiaFirst Life via cheque (Local/Transfer) & cash up to a max of Rs. 49,999/-*

Cheque/DD to be drawn in favour of 'IndiaFirst Life Insurance Policy No XXXXXXXX. Kindly mention your name and contact number on the reverse side.

* Premium payments are accepted in cash only up to `49,999/-.

Bank of Baroda or Union Bank of India or Axis Bank- Premium payment can be deposit via cheque (Local/Transfer) at Bank of Baroda or Union Bank of India or Axis Bank Branches across India.

Cheque/DD to be drawn in favour of 'IndiaFirst Life Insurance Policy No XXXXXXXX. Kindly mention your name and contact number on the reverse side.

Common Service Centre- Also, have the option to pay your renewal premium at any Common Service Centre (CSC) by cash, up to a max of Rs. 49,999/-* (To locate the nearest CSC click here.)

* Premium payments are accepted in cash only up to `49,999/-.

Cash / Cheque

Know which product are eligible for discount on advance renewal payment:

Sr.No	Product Name	Product Code	Product UINs	Product Category
1	IndiaFirst Life Mahajeevan Plus Plan	T43	143N059V01	Non Linked, Participating
2	IndiaFirst Life Mahajeevan Plus Plan	T43	143N059V02	Non Linked, Participating
3	IndiaFirst Life Mahajeevan Plus Plan	T67	143N059V03	Non Linked, Participating
4	IndiaFirst Life Guaranteed Benefit Plan	T40	143N056V01	Non Linked, Non- Participating
5	IndiaFirst Life Guaranteed Benefit Plan	T42	143N056V02	Non Linked, Non- Participating
6	IndiaFirst Life Guaranteed Benefit Plan	T46	143N056V03	Non Linked, Non- Participating
7	IndiaFirst Life Guaranteed Benefit Plan	T52	143N056V04	Non Linked, Non- Participating
8	IndiaFirst Life Guaranteed Benefit Plan	T60	143N056V05	Non Linked, Non- Participating
9	IndiaFirst Life Guaranteed Benefit Plan	T60	143N056V06	Non Linked, Non- Participating
10	IndiaFirst Life Guaranteed Benefit Plan	T66	143N056V07	Non Linked, Non- Participating
11	IndiaFirst Life Long Guaranteed Income Plan	T39	143N054V01	Non Linked, Non- Participating
12	IndiaFirst Life Long Guaranteed Income Plan	T44	143N054V02	Non Linked, Non- Participating
13	IndiaFirst Life Long Guaranteed Income Plan	T59	143N054V03	Non Linked, Non- Participating
14	IndiaFirst Life Long Guaranteed Income Plan	T59	143N054V04	Non Linked, Non- Participating
15	IndiaFirst Life Long Guaranteed Income Plan	T59	143N054V05	Non Linked, Non- Participating
16	IndiaFirst Life Long Guaranteed Income Plan	T68	143N054V06	Non Linked, Non- Participating
17	IndiaFirst Life Radiance Smart Invest Plan	U24	143L067V01	ULIP Non- Participating
18	IndiaFirst Life Saral Bachat Bima Plan	T51	143N063V01	Non Linked, Non- Participating
19	IndiaFirst Life Saral Bachat Bima Plan	T72, T73	143N063V02	Non Linked, Non- Participating
20	IndiaFirst Life Fortune Plus Plan	T53	143N065V01	Non Linked, Participating
21	IndiaFirst Life Fortune Plus Plan	T53	143N065V02	Non Linked, Participating
22	IndiaFirst Life Fortune Plus Plan	T69	143N065V03	Non Linked, Participating
23	IndiaFirst Life Guaranteed Of Life Dreams Plan	T62	143N080V01	Non Linked, Non- Participating
24	IndiaFirst Life Guaranteed Of Life Dreams Plan	T65	143N080V02	Non Linked, Non- Participating
25	IndiaFirst Life Guaranteed Of Life Dreams Plan	T74	143N080V03	Non Linked, Non- Participating
26	IndiaFirst Life Cash Back Plan	POS- T70, Non POS-T71	143N024V05	Non Linked, Non- Participating
27	IndiaFirst Life Guaranteed Pension Plan	T54	143N066V04	Non Linked, Non- Participating
28	IndiaFirst Life Smart Pay Plan	T63	143N051V04	Non Linked, Participating

Disclaimer:

Discount on renewal premium would be applicable only on policies with premium payment frequency as Yearly & Half-Yearly
Discount on renewal premium would be applicable if premium is paid at least one month prior to the premium due date provided this period falls within a financial year

Promoted by Bank of Baroda
AUM of 30,968 Crore as of Mar’25
98.22% Individual Claim Settlement Ratio in FY24-25
1 Day Genuine Claim Settlement Assurance

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Know which product are eligible for discount on advance renewal payment:

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