Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications

Paying Life Insurance Premium

Life insurance premium is paid annually. There is always a risk of the policy lapsing if the premium is not paid on or before the due date. Life insurance companies offer a number of premium payment options. One can choose the one most suited to one's working style.

Online

Log on to the insurance company's website and select online premium payment option. Policyholder will need to provide details such as PAN policy number. On submission, the premium due is displayed. Payment can be made through net banking or debitcredit card.

Auto debit

This is a hassle-free option wherein the policyholder places an auto debit instruction using one's credit card or registering an ECSNACH mandate with the insurance company. Insurers also have tieups to register auto debit instruction with the policyholder's bank or electronic bill processing entities. Once this instruction is registered, the premium will automatically get deducted on or before the due date.Depending upon the mode opted, relevant form needs to be filled with cancelled cheque and submitted to insurer.

Branchdrop box

Insurance companies tie up with banks to offer cheque drop facilities. Third party payment can be made from the bank branch by filling up the NEFT RTGS form. Alternatively, the premium cheque can be submitted at the insurance company branch or can be handed over to the insurance agent.

By phone

Premium payment can also be done using the Interactive Voice Response (IVR) system by calling a designated phone number of the insurance company. Credit card details are required to be submitted to effect payment through this mode.

 

While making payment of premium online, it is important to save the online premium paid receipt generated soon after the payment process is completed.

Online payment can also be made from the policyholder's bank website by entering bank details of the insurance company.

Insurance companies also have drop boxes at prominent places where premium cheques can be dropped.

-----------------------------------------------
Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saver Mutual Funds to invest in India for 2016

Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

---------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

-----------------------------------------------

0 comments:



Post a Comment


Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications

Popular Posts

Mutual Fund Application Forms Download Any Applications
Invest in Tax Saving Mutual Funds Invest Online
Infrastructure Bond Application Forms Download Applications