Now Pay Your Insurance Premium At A Suvidha Kiosk Near You

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Mumbai : Birla Sun Life Insurance (BSLI) announced its tie-up with Suvidha Infoserve Pvt

. Ltd., today. This tie up will enable over 2.3 million policyholders of BSLI to make their premium payments in cash/cheque at any of the 22,000 Suvidha outlets located close to them.

Policyholders can make their premium payments in cash/cheque across all Suvidha outlets spread at convenient locations like kirana stores, mobile stores, medical stores, STD booths, cyber cafs and travel agencies, easily accessible to policyholders. The policy holder can pay his premium by handing over the amount and his policy number to the store owner who will punch in the details and amount at the kiosk and generate a payment acknowledgement receipt of the transaction.

Speaking on the association Mayank Bathwal, Chief Financial Officer, Birla Sun Life Insurance said Customer centricity is at the core of all our offerings at BSLI. A product like Life insurance is driven by repeat interactions and premium payment is the most frequent and basic interaction between the customer and the company. We therefore believe that convenience is key to this offering. He further added Our tie-up with Suvidha Infoserve is a step in this direction. Suvidha with its extensive network spread across the length and breadth of the country will especially be useful to customers in tier 2 and tier 3 locations. We are hoping that these additional touch-points for premium payment will benefit customers.

Commenting on the partnership, Paresh Rajde Founder MD and CEO of Suvidhaa Infoserve Pvt. Ltd. Said, The affiliation is a win-win situation for policy holders and Suvidhaa retailers which will provide abundant payment options and accessibility to them. We see a huge potential for growth in insurance sector and the merging of two will increase the benefit many fold for both customers and retailers. The alliance also re-iterates our commitment of leveraging the platform of S-commerce and the robust technology along with a convenience designed for our customers right in their neighborhood.
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Besides this, BSLI provides premium payment options to customers enabling them to make their premium payments in a mode and manner convenient to them. These include:

ECS

Direct Debit

Credit Card

Skypak drop boxes

Branch office

Net Banking

Easy bill

Through the insurance advisors

National Electronic Fund Transfer

by: PR 24x7 Network Ltd.

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