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The Best Way To Easily Pay SBI Life Insurance Premium online

Updated On Dec 08, 2021

For all of its account holders, SBI Life Online Payment offers a fast and convenient online service. Premiums can be paid online for policyholders. Payment can be made through a variety of platforms. Credit or debit cards, UPI, Bill Pay, digital wallets, and Net Banking can all be used to make the transaction. Using the SBI platform, there are several ways to pay online. SBI Life Online Premium Payment is simple to use, quick, and saves both money and time. The following are some additional advantages of using SBI's online payment system:

Easiest Ways To Pay SBI Life Insurance Premium

Here are some of the easiest ways you can pay your SBI premium:

  • YONO App

YONO App is a smartphone application that allows you to communicate with others

SBI Life Online Premium Payment is one of the credit card-related services available through the YONO app. Users of the YONO app who have linked their credit cards can pay with their credit cards by following the steps below:

Step 1: Install the YONO app on your phone and log in with a valid user ID and password.

Step 2: To make a payment, go to the 'Credit Cards' option and choose the SBI credit card.

Step 3: Next, select 'My Relationships' from the drop-down menu and click it to continue.

Step 4: To proceed with the payment steps, select the option 'Pay Now' and click on the button.

Step 5: Select the type of SBI account you want to make the payment from.

Step 6: To complete the process, enter the Payment amount and select the 'Pay Now' option.

  • Mobile Wallet

SBI Life insurance premiums can also be paid using some of the most popular mobile wallets, such as SBI Buddy, Jio Money Wallet, or Paytm. All of these apps follow a nearly identical procedure for paying insurance premiums.

Choose from a variety of mobile wallets that are supported.

If you haven't already, set up a profile.

Choose a payment method for your insurance premiums.

SBI Life Insurance is the company to choose.

Fill in your policy number and personal information.

After you've been verified, you'll be able to pay your insurance premium online using whatever payment method your wallet accepts.

  • Website of SBI Life 

You can pay your insurance premiums online using the SBI Life website.

SBI Card Pay is a mobile application that allows you to pay with your SBI Card

By following this step-by-step instruction, any SBI customer can use the SBI card department's facility. To begin, download the SBI Card Pay mobile app from the Google Play store to your Android phone. Now open the SBI Card Pay app and register your SBI card. Bring your phone up to the point of sale and complete the transaction.

Visit the website and choose from a variety of options for paying your premiums online.

Fill in your policy number as well as your personal information. Once your information has been verified, you can choose the payment method that is most convenient for you and pay.

VISA credit cards: This is the quickest way to pay your insurance premiums online.

You'll need to create an account on to get started. SBI Life should be added as a biller to your account. Give specifics about the policy. You can view and pay your insurance premiums online using your credit card after you have been verified.

Take Away

State Bank of India (SBI) life insurance policyholders do not need to visit the bank in person and wait for a customer service representative to collect the insurance premium. Customers can pay the premium in a variety of ways, both online and offline, according to SBI. Policyholders can now make simple, convenient payments without incurring penalties thanks to these options.

Also read: SBI Term Insurance Plans For Senior Citizens

I am Married. Should I Consider Purchasing a Joint Term Insurance Plan?

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.

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