Published Oct 16, 2025 4 Min Read

Everything about ICICI Lombard Insurance Payment Support

ICICI Lombard Insurance Payment Support & Issues: Bajaj Finserv Complete Guide

Insurance payments are critical for maintaining uninterrupted coverage, but technical glitches or errors can disrupt the process. Common issues include failed transactions, incorrect customer ID entry, and delays in refunds. These problems can cause unnecessary stress, especially when timely payment is essential for policy renewal.

Bajaj Finserv simplifies the payment experience for ICICI Lombard Insurance through its BBPS-powered platform. This secure system ensures smooth transactions, real-time updates, and quick resolutions for payment-related issues. Whether you are renewing your ICICI Lombard policy or resolving a failed transaction, Bajaj Finserv provides reliable support to help you stay insured without hassle.

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Double Deduction During ICICI Lombard Insurance Payment – How to Resolve

Double deductions can occur due to server errors, accidental multiple submissions, or technical glitches during online payments. If you notice that your account has been charged twice for an ICICI Lombard Insurance premium, follow these steps to resolve the issue:

Step-by-step guide to resolving double deductions:

  1. Visit the Bajaj Finserv Service Portal
    Log in to the Bajaj Finserv website using your registered credentials, such as your mobile number or email ID.
  2. Raise a service request
    Navigate to the insurance policy section and select the option to raise a service request for double deduction. Provide relevant details, including transaction IDs and payment dates.
  3. Monitor refund status
    Bajaj Finserv’s platform allows you to track your refund status in real time. Refunds are typically processed within 3–5 business days, depending on bank policies and verification requirements.
  4. Enable SMS alerts
    To avoid confusion in the future, set up SMS alerts for payment confirmations. This ensures you receive instant notifications for successful transactions.

By using Bajaj Finserv’s secure BBPS platform, you can trust that your refund process is handled transparently and efficiently.

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Incorrect ICICI Lombard Insurance Account Details or Number Entry Issues

Entering incorrect customer ID or account details during payment can lead to transaction failures or delays in policy activation. If you have made an error while processing your ICICI Lombard Insurance payment, here is how you can correct it:

How to fix incorrect account details:

  1. Update details via Bajaj Finserv’s account portal
    Log in to your Bajaj Finserv account and navigate to the payment correction section. Enter the correct customer ID or account details and resubmit your payment request.
  2. Contact customer support
    If the error is significant or requires immediate attention, reach out to Bajaj Finserv’s customer support team. Their live chat feature offers real-time assistance to resolve issues quickly.
  3. Verify before submission
    Always double-check your account details before confirming your payment to prevent similar errors in the future.

Bajaj Finserv’s platform ensures that even when mistakes occur, they can be rectified promptly, allowing you to complete your ICICI Lombard Insurance payments without unnecessary delays.

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Frequently Asked Questions

How long does it take for failed ICICI Lombard insurance payments to be refunded to my account?

Refunds for failed ICICI Lombard Insurance payments are typically processed within 3–5 business days. However, weekends or bank holidays may cause minor delays. You can track the status of your refund through the Bajaj Finserv Service Portal for real-time updates.

Track payment refunds now via the Bajaj Finserv Service Portal.

Can I schedule automatic ICICI Lombard Insurance payments through Bajaj Finserv?

Yes, Bajaj Finserv allows you to set up automatic recurring payments for ICICI Lombard Insurance premiums. Simply log in to the BBPS platform, enable the auto-payment feature, and receive SMS/email reminders for upcoming due dates.

What payment methods are available for ICICI Lombard payments on Bajaj Finserv?

Bajaj Finserv supports multiple payment methods, including net banking, UPI, debit cards, and credit cards. UPI payments are processed faster, making them a convenient option for immediate transactions.

What should I do if I enter an incorrect ICICI Lombard customer ID during payment?

If you have entered incorrect customer ID details, log in to the Bajaj Finserv Service Portal and update your information in the payment correction section. For urgent issues, contact Bajaj Finserv’s customer support team for real-time assistance.

Update customer details now to ensure smooth payment processing.

What makes Bajaj Finserv more reliable than other payment platforms for ICICI Lombard payments?

Bajaj Finserv stands out for its secure BBPS system, which ensures encrypted transactions and OTP verification for added security. The platform also offers responsive customer support, real-time tracking, and transparent refund processes, making it a trusted choice for ICICI Lombard Insurance payments.

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Bajaj Finserv App for all your financial needs and goals

Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.

You can use the Bajaj Finserv App to:

Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.

  • Explore and apply for co-branded credit cards online.
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  • Shop from over 100+ brand partners that offer a diverse range of products and services.
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  • Check your credit score, download loan statements, and even get quick customer support—all on the app.

Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.

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While care is taken to update the information, products, and services included in or available on our website and related platforms/websites, there may be inadvertent inaccuracies or typographical errors or delays in updating the information. The material contained in this site, and on associated web pages, is for reference and general information purpose and the details mentioned in the respective product/service document shall prevail in case of any inconsistency. Subscribers and users should seek professional advice before acting on the basis of the information contained herein. Please take an informed decision with respect to any product or service after going through the relevant product/service document and applicable terms and conditions. In case any inconsistencies observed, please click on reach us.

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