Now you can buy life insurance plans completely online right here.
Kotak e-Term Plan is a pure term plan that provides a high level of protection to your loved ones in your absence.
The Kotak Health Shield Plan helps secure your finances in times of sudden medical expenses related to illness such as Cardiac, Liver, Neuro and Cancer (all early and major stages of illness /conditions of Cancer); along with offering protection for Personal Accident - in case of accidental death or disability.
Kotak Lifetime Income Plan gives you the assurance of your income continuing throughout your life and in your absence throughout the lifetime of your spouse!
Our representative will get in touch with you at the earliest.
If you don't have an insurance, click below to explore or calculate premium.
Kotak Life Insurance simplifies your premium payment process to ensure that your payments are on time. Choose the most convenient payment option for you and pay with a few clicks.
Choose from the following options:
BackLog into Net Banking of your bank account, select the option NEFT transfer and enter the below mentioned details:
| Beneficiary account | 99800KLIFExxxxxxxx (The number after KLIFE would be your 8 digit Policy Number) E.g.: If your Policy No. is 00921500, the beneficiary account would be 99800KLIFE00921500 If your Policy Number is less than 8 digits, please add requisite number of zeroes before the Policy No. |
| Account type | Current Account |
| Beneficiary name | Kotak Mahindra Life Insurance Company Limited |
| IFSC Code | KKBK0000631 |
| Bank Name | Kotak Mahindra Bank |
| Branch Name | MUMBAI KALINA |
| Amount | Rs. xxxxx ( Your premium amount) |
Please note: For every successful NEFT transaction, your bank will provide a UTR (Unique Transaction Reference) Number. Please mention the UTR for any future correspondence with Kotak Life Insurance regarding your NEFT transaction.
NEFT premium payments should preferably be made from the policyholder’s bank account. If you wish to make an NEFT payment via a third-party account, kindly ensure that the third party is registered with Kotak Life for premium payment. You can register a Third Party Premium Payer at your nearest Kotak Life branch, which can be located here. The Payer will be registered in 3 days after submitting the request, post which the premium payment can be made to the above mentioned bank account.
It is a convenient option, that debits your premium from bank account on your premium due date automatically.
Benefits of ECS:
ECS facility is currently available in 81 convenient locations. Just submit the ECS Mandate Form along with a cancelled cheque at any of our branch offices or mail it to our address below:
Kotak Mahindra Life Insurance Company Ltd.
Kotak Infiniti, Building No. 21, Infinity Park
5th Floor, Zone 2. Off Western Express Highway,
General A K Vaidya Marg
Malad (E), Mumbai - 400 097
You can give Standing Instructions to auto debit the premium from your bank account on the due date. It is available to all account holders of Kotak Mahindra Bank and HDFC Bank.
Just submit the duly-filled Standing Instruction form. Once your bank verifies this form, you may start using this facility.
Click here to download Kotak Mahindra Bank Standing Instruction Form
Click here to download HDFC Bank Standing Instruction Form
Submit the form at any of our branch offices or mail it to our address:
Kotak Mahindra Life Insurance Company Ltd.
Kotak Infiniti, Building No. 21, Infinity Park
5th Floor, Zone 2. Off Western Express Highway
General A K Vaidya Marg
Malad (E), Mumbai - 400 097
You can pay the renewal premiums through Direct Debit Option, if you have a valid banking account with any of the following banks:
| Allahabad Bank Axis Bank Bank of Baroda Bank of India CITI Bank Federal Bank |
ICICI Bank IDBI Bank Karnataka Bank Kotak Mahindra Bank State Bank of India Union Bank of India United Bank of India |
Just fill ECS/ Direct Debit form along with a cancelled cheque and submit it at any of our branches or mail it to our address:
Kotak Mahindra Life Insurance Company Ltd.
Kotak Infiniti, Building No. 21, Infinity Park,
5th Floor, Zone 2. Off Western Express Highway,
General A K Vaidya Marg,
Malad (E), Mumbai - 400 097
Credit Card** payment on website
Pay your renewal premium via Credit Card** (Master Card / Visa) on Kotak Life insurance website. For premium payment through website click here
** In case, the proposer / policyholder opts for premium payment through Credit Card, the payment must be made only through Credit Card issued on the name of such proposer / policyholder.
Credit Card** payment at branches
Swipe your Credit Card at select Kotak Life branches to pay your renewal payments.
** In case, the proposer / policyholder opts for premium payment through Credit Card, the payment must be made only through Credit Card issued on the name of such proposer / policyholder.
Use your Visa Debit Card of any of the following banks to pay your premium payments.
State Bank of India
Punjab National Bank
Union Bank of India
Indian Overseas Bank
Citibank
Click here to proceed to the payment gateway.
Pay your renewal premiums anytime and anywhere through Internet Banking of any of the following banks.
| ABN AMRO Bank | Allahabad Bank |
| Andhra Bank | Axis Bank |
| Bank of India | Bank of Baroda |
| Bank of Maharashtra | Canara Bank |
| Central Bank of India | Citibank |
| Corporation Bank | Deutsche Bank |
| Development Credit Bank | Dhanalakshmi Bank |
| Federal Bank | HDFC Bank |
| ICICI Bank | IDBI Bank |
| Indian Bank | Indian Overseas Bank |
| IndusInd Bank | ING Vysya Bank |
| Jammu & Kashmir Bank | Karnataka Bank |
| Karur Vysya Bank | Kotak Mahindra Bank |
| Lakshmi Vilas Bank | Oriental Bank of Commerce |
| Punjab National Bank | State Bank of Bikaner and Jaipur |
| State Bank of Hyderabad | State Bank of India |
| State Bank of Mysore | State Bank of Patiala |
| State Bank of Travancore | South Indian Bank |
| Syndicate Bank | Tamilnad Mercantile Bank |
| UCO Bank | Union Bank of India |
| United Bank of India | Vijaya Bank |
Click here to make your insurance premium payment through Internet Banking.
Just follow these 3 simple steps for a swift renewal payment:
Merchant Mobile No : 9769554433
Merchant MMID: 9485784
Amount: (Enter your premium amount)
Payment Reference: <8 Digit Policy No>
MPIN: (As shared by your bank)
You will receive the instant debit confirmation on your mobile by your bank and your renewal payment is done.
Please call us at our Toll Free No 1800-209-8800 or write to us at clientservicedesk@kotak.com for any further clarification/assistance.
* Your bank should participate under IMPS Merchant banking for availing this service. Please check with your bank for Mobile Banking Application, MMID & MPIN No, if you do not have any.
* Currently Below listed banks are participating under Merchant IMPS. Click on the relevant bank to know more:
| A P Mahesh | Karur Vysya Bank |
| Andhra Bank |
Kotak Mahindra Bank |
| Axis Bank |
Oriental Bank of Commerce |
| Canara Bank |
Punjab & Maharashtra Co. Op Bank |
| Corporation Bank |
Punjab National Bank |
| Dombivli Nagari Sahakari Bank |
State Bank of India |
| Federal Bank |
The Greater Bombay Co-operative Bank |
| HSBC |
Union Bank of India |
| ICICI Bank |
Yes Bank |
* Merchant Mobile number & Merchant MMID need to be mentioned as given above.
Authorise your insurance premium payments online through Bill Desk. Follow the simple steps:
Your registration request for renewal premium payment should reach Kotak Life Insurance at least 7 days prior to renewal due date.
In case the registration request is received, less than 7 days prior to the date on which premium is due or after this date, then for the current renewal cycle payment date will be adjusted by 7 days after receipt of registration request.
From the next cycle onwards, your renewal due date will be as per the original schedule. Renewal payment can be paid through this mode of payment only for policies where all the premiums have been paid on time.
Register yourself for the Bill Payment service with your bank and choose Kotak Mahindra Life Insurance Company Ltd. as your Biller in your Net Banking account of the following banks:
| ABN AMRO Bank | IndusInd Bank |
| Ahmedabad Municipal Coop Bank | ING Vysya Bank |
| American Express | Jan Kalyan Sahakari Bank |
| Bank of Baroda | Janata Sahakari Bank |
| Bank of India | Kotak Mahindra Bank |
| Bank of Maharashtra | Punjab and Maharashtra Coop Bank |
| Barclays Bank | Punjab National Bank |
| Central Bank of India | Shamrao Vithal Cooperative Bank |
| Centurion Bank of Punjab | State Bank of Bikaner and Jaipur |
| Citibank | State Bank of Hyderabad |
| CKP Cooperative Bank | State Bank of India |
| Corporation Bank | State Bank of Indore |
| Cosmos Bank | State Bank of Mysore |
| Dena Bank | State Bank of Patiala |
| Deutsche Bank | State Bank of Saurashtra |
| HDFC Bank | State Bank of Travancore |
| IDBI Bank | UCO Bank |
| Indian Bank | Union Bank of India |
| Yes Bank | Vijay Cooperative Bank |
| ICICI Bank |
Your registration request for renewal premium payment should reach Kotak Life Insurance at least 7 days prior to renewal due date.
In case the registration request is received, less than 7 days prior to the date on which premium is due or after this date, then for the current renewal cycle payment date will be adjusted by 7 days after receipt of registration request.
From the next cycle onwards your renewal due date will be as per the original schedule. Renewal payment can be paid through this mode of payment only for policies where all the premiums have been paid on time.
Drop your premium cheques at any of the Kotak Mahindra Bank ATM drop boxes. Draw the cheque in favour of "Kotak Life Insurance Policy Number XXXXXXX". Do mention your name and contact number on the reverse of the cheque.
Click here to know your nearest Kotak Mahindra Bank ATM Drop Box
Pay Premiums by cash/cheque/demand draft at your nearest Kotak Mahindra Life Insurance Company Ltd. branch.
A money order is an order issued by the Post Office for the payment of a sum of money to the 'Payee' in whose name the money order is sent through the agency of the Post Office.
* In progress. Currently not available.
A Bank guarantee is a promise from a bank that the liabilities of a debtor will be met in the event that you fail to fulfill your contractual obligations. Your bank honors payment to your beneficiaries upon receipt of a claim.
* In progress. Currently not available.
Get answers to all your Premium Payment related questions right here.
Call the toll free number for help regarding premium payments.
Send a "Hi" to 93210 03007, from your registered mobile number.