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Using our premium payment options, you can make your premium payments online in a simple, hassle-free manner.
Choose the mode of payment mode that suits you from the following options.
Credit Card
You can use the convenience of a International Credit Card (Mastercard or Visa) to make your premium payments.
All you have to do is to submit this form along with a clear photocopy of the front side of your Credit Card.
You can submit the form at any of our branch offices, mail it to our communication address or hand it over to your advisor.
Premium Payment Through Website
Online Premium payment enables you to make renewal premium payments and revive your policies through our website.
To avail this facility, you have to log into your customer account and choose 'Pay Online' option. Payment options for premium payment are credit card (Master/Visa) and Net Banking.
Banks for which Net Banking facility is available are: Bank of India, Centurion bank of Punjab (erstwhile Bank of Punjab), HDFC Bank, ICICI Bank, IDBI Bank, IndusInd Bank, Punjab National Bank, Union Bank of India, UTI Bank.
Cheque / Demand Draft
If you choose to pay your premiums through cheques, please draw your cheque in favour of "ICICIPrulife, Policy Number xxxxxxxx". Do mention your name and contact number on the reverse of the cheque.
Incase you choose to make your premium payments through demand drafts, please draw your demand draft in favour of "ICICI Prudential payable Mumbai''. Please do mention your name, policy nos & contact nos on the reverse of the demand draft.
Please note, we only accept cheques and demand drafts which are in Indian rupee denominations.
The premium cheques can either be submitted at our Bahrain Representative office or can be given to our sales personnel.
Electronic Clearing System (ECS)
ECS is an automated facility which debits your premium from the bank account specified by you, on your premium due date. In case of the premium due date falling on a holiday, the premium amount would be deducted on the next working day. Premium payment for ECS locations under the Non-rolling settlement category may not be deducted on the Premium Due Date. This is applicable for all active (in force) policies.
To avail this facility, you have to submit the ECS form along with a cancelled cheque (which helps us record the MICR code of your bank- see image). Once you submit this form, we can activate the ECS facility for your policy number.
Please note that the ECS facility can be availed only through NRE accounts & premium will be debited in Indian currency.
Bill Junction
You can authorize your premium payments online through Bill Junction.
Register yourself at Bill Junction and follow the instructions on their web-sites.
Direct Remittance
You can now make your payments by directly remitting money from your ICICI Bank NRE account into our ICICI Prudential a/c.
We have also tied-up with the UAE Exchange House to facilitate premium payment at any of the branches of the Exchange House across UAE. All you need to do is walk into any of the branches of the Exchange House, quote your policy number or application number, name, bank account details, address and ask for a direct remittance to ICICI Prudential. The money would be remitted within 24 hours!
Please note: The services shall be at the expense of the customer and at the exchange rate decided by the exchange house.
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