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Enjoy the convenience of paying your Tata AIA Life Insurance policy premiums at the nearest Axis Bank branches by cheque, DD or cash.
Please note:
Cash payment above Rs. 49,999/- will not be accepted without a valid PAN card copy of the policy holder.
Cash will be accepted up to Rs. 49,999/- per policy.
As per Rule 114B of the Income Tax Act, amended dated 31.12.2015, quoting of PAN is mandatory if the premium amount exceeds Rs. 50,000/-irrespective of the mode of the payment.
Disclaimer:
Payment made towards renewal premium will be applied to your policy on credit, or as on the premium due date, whichever is later. Premium receipt shall be sent in 2 days post application
In unit-linked policies, NAV shall be allocated as per terms of the policy contract