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Pay Your Premiums











Premium Payment options

Paying premium for your IDBI Federal Life Insurance Policy is simple, quick and convenient. Choose any of the below payment options to pay your future premiums.


Pay your policy premium online in 3 simple steps. You can use internet banking, credit card, debit card, e-wallets, cash card, IMPS and also avail EMIs on select credit cards.To pay premium online, click here


You can visit your nearest IDBI Bank branch to pay the premium for your policy. You can make the payment by Cheque or Demand Draft. IDBI Bank does not accept cash for policy renewals. Click here to find your nearest IDBI Bank branch. Click here


If you are an existing Federal Bank customer, you can pay premium for your policy through the following options:

  1. Federal Bank branch - You can visit your nearest Federal Bank branch to pay premiums for your policy. You can make the payment by Cheque or Demand Draft or a Direct Debit Advice. Click here to find your nearest Federal Bank Branch. Click here

  2. Federal Bank Internet Banking - You can pay premium online via Federal Bank Internet Banking facility. Click here to visit Federal Bank’s internet banking site. Click here


You can visit any of your nearest IDBI Federal branch to pay premium for your policy. You can make the payment by Cheque or Demand Draft. Click here to find your nearest IDBI Federal branch office. Click here


You can pay premium for your policy by Cheque or Demand Draft through your advisor. Please do not pay in cash when paying through your advisor. Account payee cheque / Demand Drafts to be drawn in favour of 'IDBI Federal Life Insurance Company Ltd Policy No. *********'.


You can now pay premium for your policy right from your home with our free cheque pick up facility. For more details, click here.


If you are an existing customer of IDBI Bank or Federal Bank, you can apply for Standing Instructions (SI) facility to pay premiums for your policy. You can download the Standing Instructions (SI) Form and dispatch the duly filled form to our head office. Click here


You can choose Auto Debit (NACH) facility to pay premiums for your policy. You can download the Auto Debit (NACH) Form and dispatch the duly filled form to our head office. Click here to download NACH form.

Important Notice on NACH: NACH (National Automated clearing House) withdrawal instructions have to be submitted to the company at least 15 days before the premium due date.


You can pay the renewal premium in cash up to Rs 49,999/- for your policy at any outlet of Common Service Center (CSC-National e-Governance Plan of Govt of India). Click here to locate the nearest Common Service Center (CSC) outlet.

Pay Online
You can pay your premiums swiftly and safely, just follow these 3 simple steps. It’s really simple and convenient.