SBI General Motor Insurance premium payment online

SBI General Motor Insurance provides comprehensive coverage tailored for vehicle owners in India. It ensures financial protection against accidents, theft, and damage. As a leading general insurance provider, SBI General offers various policies. These include third-party liability and comprehensive plans to meet the diverse needs of its customers. They commit to customer satisfaction and a robust nationwide network of over 16,000 garages. SBI General aims to deliver hassle-free claims support and peace of mind for all vehicle owners.

Choosing SBI General Motor Insurance means opting for a trusted provider. It is backed by the State Bank of India, one of the country's largest financial institutions. The policies are designed to comply with legal requirements. They offer enhanced protection through customisable options like zero depreciation cover and personal accident benefits. This makes them ideal choices for securing their vehicles while enjoying additional perks and discounts.

Purchasing SBI General Motor Insurance online is now more convenient than ever. Customers can compare different plans and opt for the one that best suits their needs. SBI General Motor Insurance providers also allow users to pay their premiums online, offering a hassle-free, fast process.

SBI General Motor Insurance premium online payment can be done conveniently using the Bajaj Pay BBPS platform on BajajFinserv. The BBPS platform on BajajFinserv is a secure andaccessible avenue for users to handle your payments effortlessly. It is more than just connectivity; it is about making every part of your experience as smooth as your internet connection.

The Bajaj Pay platform ensures that every transaction is encrypted, safeguarding sensitive information, and providing peace of mind to families.

Benefits of paying SBI General Motor Insurance premium online on Bajaj Finserv



  • Quick and hassle-free: With the Bajaj Finserv BBPS platform, you can pay insurance premium quickly and effortlessly.
  • 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.
  • Multiple payment options: Bajaj Finserv offers multiple payment options, including debit card, credit card, net banking, e-wallet, and UPI. This allows you to choose the payment method that suits you best.
  • Instant confirmation: After making the payment, the platform immediately confirms the payment through an email and SMS.

Mode of payment

The Bajaj Pay platform offers a range of convenient payment options to pay your SBI General Motor Insurance premium.

Let us explore the available modes:

  • Credit card/debit card: This is a widely accepted and convenient option. You can make payments using your Visa, Mastercard, or Maestro card issued by any bank in India.
  • Net banking: If you prefer online bank transfers, Bajaj Finserv integrates with major banks across India. Simply select your bank from the list and utilise your existing net banking credentials for secure payments.
  • Bajaj Pay UPI: This option leverages the Unified Payments Interface (UPI) for instant fund transfers. It is a secure and fast way to pay directly from your bank account using a UPI app.
  • Bajaj Pay Wallet: Bajaj Finserv also offers its own digital wallet - Bajaj Pay Wallet. If you have a Bajaj Pay account, you can easily make payments using the balance stored in your wallet.

Steps to pay SBI General Motor Insurance premium online on the Bajaj Finserv website

  • Here is how you can pay your SBI General Motor Insurance premium on the Bajaj Finserv website:

    1. Visit the official Bajaj Finserv website and log in to your account.

    2. Select ‘PAYMENTS’ from the menu and navigate to the ‘ALL PAYMENTS’ section.

    3. Navigate to the ‘BILLS AND RECHARGES’ tab and select ‘LIC/INSURANCE’.

    4. Select your preferred biller from the list of billers.

    5. Enter your policy number and verify your details.

    6. Choose the preferred payment mode (credit/debit card, UPI, Bajaj Pay, or net banking).

    7. Confirm the payment and receive an instant confirmation message and receipt.

    Steps to pay Insurance premiums online on the Bajaj Finserv app
    1. Open the Bajaj Finserv app on your mobile device.

    2. Log in to your account using your credentials.

    3. Navigate to the ‘BILLS AND RECHARGES’ tab and select ‘LIC/INSURANCE’.

    4. Select your preferred biller from the list of billers.

    5. Enter your policy details and select your payment method.

    6. Confirm the transaction and the payment receipt will be sent to your registered email or mobile number.

    Fees and charges

    Depending on the transaction amount and payment mode, a convenience fee of up to 2% (inclusive of applicable taxes) will be charged. For more information on fees and charges, click here.

    Note: For failed transactions, the total amount, including charges except taxes, is reversed.

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:

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

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Frequently asked questions

What types of motor insurance does SBI General offer?
SBI General offers three main types of motor insurance: third-party liability, own-damage insurance, and comprehensive insurance.

Is third-party insurance mandatory in India?
Yes, third-party insurance is mandatory under Indian law for all vehicle owners.

What benefits come with a comprehensive motor insurance policy?
A comprehensive policy covers third-party liabilities and damages to your vehicle due to accidents or theft.

Can I get a discount on my premium?
Yes, discounts are available based on age and if you have not made any claims during the policy term.

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