Max life insurance is an Indian private insurance provider that provides financial solutions to fit different needs. The company seeks to provide the best customer service through its plans and thus in an attempt to enhance the customer experience of paying policy premiums, the company has made paying premiums online possible. Now the policyholders can continue their policy benefits and pay their premiums at their convenience in a hassle-free way. Let us see the various benefits of making max life insurance pay premiums and how you can pay online max life insurance premiums.Read more
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The several benefits to making max life insurance premium payments online are as follows:
Time Efficient: The process of making the max life insurance payment online saves your time as the premiums can be paid in just a few minutes.
Cost-effective: The whole process of paying the max life insurance pay premiums online is free of cost and there are no hidden charges levied on the customer.
Convenient: The Max life insurance pay premium modes allow customers to pay their premiums in a convenient manner, as they won’t have to visit the company’s branch every time they have to pay their premiums.
Paperless: The entire process of paying the premiums online is paperless and thus the policyholder can pay their premiums in a hassle-free manner.
24x7 Payment: You can pay the premiums for your life insurance policy 24x7 from the comfort of your home, anywhere and anytime.
Here is a list of all the methods which you can use to pay online max life insurance premiums:
Max Life Insurance Website
You can pay the premiums for your max life insurance policy online through the company’s website by following the below steps:
Step 1: Go to the company’s official website
Step 2: Click on ‘Pay Online’ under the ‘Customer Service’ option
Step 3: Enter your registered mobile or policy number and the date of birth
Step 4: Select your preferred method of payment
Step 5: Fill in the required information to make the payment
You can easily use the Max life insurance pay premium by logging into your bank’s website and selecting NEFT/RTGS to make the payments.
Digital Wallets (PhonePe, Paytm, Google Pay, Amazon Pay, Airtel Money)
The exact process for each digital wallet might be different but the general method of payment is as follows:
Step 1: Open the Digital Wallet of your choice
Step 2: Click on the Payment Option
Step 3: Select Max Life Insurance as your Insurer
Step 4: Enter the Policy number and date of birth
Step 5: Follow the steps mentioned on the screen to successfully pay online max life insurance premiums
Electronic Bill Payment Process (EBPP)
With the EBPP you can approve for the premiums to be deducted from the bank account automatically. You can register yourself for this facility by selecting either the Tech Process or Bill Desk and completing the registration.
You can submit a cheque addressed to ‘Max Life Insurance Co. Ltd.’ followed by your 9-digit policy number. Do not forget to mention your name, contact details, and policy number on the back of the cheque.
Policyholders can instantly make their max life insurance pay premium online by selecting InstaPay on the website.
You can select the premium amount to be deducted from your bank account on the selected date automatically to avoid the hassle of making frequent premium payments manually.
Step 1: Fill out the ECS Mandate form
Step 2: Send the form along with the canceled cheque a month before the premium due date
You can send the above documents by either visiting the company’s nearest branch, handing them over to the max life advisor appointed to you, or mailing it to the following address
Mandate desk, Max Life Insurance Company,
Operations Center, 3rd Floor,
90 A Sector 18, Udyog Vihar,
With the NACH/ECS option, you can select the premiums to be deducted from your bank account automatically on the selected premium due date. All you need to do is register and validate your policy number. After this for online payments, you can select net banking or credit card for registration.
The max life insurance pay premiums can be made by walking into any of your bank’s branches for the forex payment/wire transfer. In the forms, fill the following details:
Max Life Insurance Co. Ltd.
Beneficiary Account Number
1165 <XXXXXXXXX> (1165 followed by 9-digit policy number)
Address of Bank
25, Birla Tower, Barakhamba Road, New Delhi-110001, INDIA
Max Life Business Address
Max Life Insurance Company Limited, 11th Floor, DLF Square, Jacaranda& &Marg, DLF City Phase II, Gurugram - 122 002, Haryana, INDIA
You can register your credit card for automatic payment of the max life insurance premium payment by making Rs. 2 transactions using your VISA/MasterCard credit cards.
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