About HDFC Life Insurance Payment
HDFC Life Insurance is one of the leading life insurance providers in India. It is a joint venture between the Housing Development Finance Corporation Limited (HDFC) and Standard Life Aberdeen plc of Scotland. The company is known for its diverse range of life insurance products and services catering to individuals, families, and businesses of various sizes. HDFC Life is trusted by millions of policyholders and is one of the few insurance providers with a strong financial rating. HDFC Life insurance premium can now be paid online. You can either visit the Bajaj Finserv BBPS platform or the company’s official website. The BBPS platform on Bajaj Finserv allows you to pay the premium for your insurance from the comfort of your home. Visit the Bajaj Finserv website or app to make the payment and use from the various payment modes available for your convenience.
Features and benefits of HDFC Life insurance payment on Bajaj Finserv
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Quick and hassle-free
With Bajaj Finserv's Bharat Bill Payment Service (BBPS) platform, you can pay your HDFC Life Insurance premium quickly and effortlessly.
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Safe and secure
Bajaj Finserv provides a safe and secure payment platform on BBPS. Your payment details are secure with the platform’s robust security measures.
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Multiple payment options
Bajaj Finserv offers multiple payment options, including debit card, credit card, net banking, and UPI. This allows you to choose the payment method that suits you best.
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Instant confirmation
After making the payment, the platform immediately confirms the payment through an email and SMS.
How to pay HDFC Life insurance premium online
You can easily pay your HDFC Life Insurance premium online using the Bajaj Finserv BBPS platform by following these steps:
- 1 Click on 'DOWNLOAD APP' to open the Google Play Store
- 2 Login through the email ID registered with your mobile
- 3 Click on ‘INSTALL’
- 4 Open the app on your mobile phone
- 5 Enter your 10-digit mobile number to 'GENERATE OTP'
- 6 Enter the OTP and click on 'PROCEED'
- 7 Under the ‘FINANCIAL SERVICES AND TAXES’ section tap on ‘INSURANCE’
- 8 Choose ‘HDFC LIFE INSURANCE’ from the drop-down menu
- 9 Enter your registered mobile number and click on ‘PROCEED’
- 10 Choose your preferred payment mode and complete the payment
HDFC Life insurance premium details
Before making a payment, policyholders should be aware of the details of their premiums. Here are some of the important details of HDFC Life Insurance Premium.
| Policy Name | Entry Age | Maximum Age | Policy Term | Sum Assured | Premium Payment | Benefits |
| HDFC Life Click 2 Protect Life | 18 to 65 years | 85 years | 10 to 40 years | Rs. 25 lakhs No maximum limit | Monthly, quarterly, half-yearly, and yearly. | Basic life cover due to death benefit, Life cover & Critical illness cover, and life cover & Regular income. |
| HDFC Life Saral Jeevan Bima | 18 to 65 years | 23 to 70 years | 40 years | Rs. 5 lakhs | Single pay, regular pay | Death during and after the waiting period. |
| HDFC Life Sanchay Plus | 5 to 50 years | 60 to 73 years | 15 to 25 years | Rs. 1, 18, 392 | Monthly, quarterly, semi-annually, and annually. | Maturity & Death Benefit: Guaranteed maturity & income options. Life Long term income. |
| HDFC Life Sanchay Par Advantage | 30 days to 60 years | 100 years | 30 to 40 years | Rs. 3,00,000 | Annually, half-yearly, monthly, quarterly. | Immediate income option, deferred income option. |
| HDFC Life Sanchay | 5 to 30 years | 50 to 65 years | 5 to 15 years | Rs. 2,510 | Annually, half-yearly, monthly, quarterly. | Maturity benefits, death benefits. |
| HDFC Life ClassicAssure Plus | 8 to 55 years | 55 to 60 years | 10 to 15 years | Rs. 50k to 80k | Annually, half-yearly, monthly, quarterly. | Maturity benefits, death benefits, high sum insured, and policy loan. |
| HDFC Life Super Income Plan | 30 days to 18 years | 18 to 75 years | 15 to 27 years | Sum assured as per maturity separated by a period of payout. | Single pay and annually | Survival, Maturity, death benefits, and policy loan. |
| HDFC Life Sampoorn Samridhi Plus | 30 days to 60 years | 18 to 75 years | 15 to 40 years | Rs. 65k to 5 lakhs | Annually, yearly, monthly, and quarterly. | Endowment maturity and death benefit, Endowment with whole life options. |
| HDFC Life Uday Plans | 18 to 55 years | 30 to 70 years | 8 to 12 years | Rs. 28k | Annually, yearly, monthly, and quarterly. | Maturity & death benefits, Auto cover, and high sum assured |
| HDFC Life Pragati Plans | 8 to 55 years | 18 to 65 | 8 to 10 years | Rs. 5k to 20 lakhs | Single, limited, and regular pay | Maturity & death benefits, Auto cover, and bonuses |
Fees and charges
The following charges are applicable on mobile recharges and bill payments:
| Payment | Charges (Rs.) |
| Payment for bills and recharges | Convenience fee up to 2% per transaction (inclusive of applicable taxes)* |
| Payment of rent using credit card as a payment mode | 2% per transaction (inclusive of applicable taxes)* |
| Platform fee | Up to Rs. 5/- for each prepaid mobile recharge |
*Convenience fee is applicable on specific payment instrument and subject to revision from time to time
Note - For failed transactions, the total amount including charges except taxes are reversed
Frequently asked questions
Policyholders can get their HDFC Life annual premium statement through the HDFC Life website or through the customer care helpline number. Policyholders can log in to their account on the HDFC Life website and download the annual premium statement.
Customers can get their HDFC Life premium paid receipt by logging in to their account on the HDFC Life website or by contacting the customer care helpline number. The receipt will be sent to your registered email ID.
Client ID in HDFC Life Policy is a unique identification number allotted to each policyholder. It helps in tracking all the policy details and premium payment history. Policyholders can find their client ID on their policy documents, premium receipts, or on the HDFC Life website.
