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Premium Details
GST (+) KFCT* (1%) Previous Excess
Premium Due Date Premium Amount (`) Net Amount Payable (`)
if applicable
Bonus Details*
Bonus Upto (`) Bonus Declared (%) Bonus Amount (`) Bonus Upto (`)
NA NA NA NA
NA NA NA NA
* Bonus will get accrued as per the terms and conditions under the policy. Accrual of Bonus amount is subject to payment of all premiums due in the
relevant policy year and shall be paid along with Surrender/ Maturity/Death claim.
Swipe card debit/credit card and Register for auto debit by visiting "SBI Life Visit www.sbilife.co.in and pay Download our mobile app
pay your premium at select SBI mypolicy self service portal" under services tab premium online at "Online premium "Easy Access" to pay your
Life branches and click on "Easy Renewal payment options payment under services tab premium
Notes:-
l If payment to be made through cheque/draft, please issue in favour of SBI Life Insurance Company Limited Policy Number 14021076610. Grace period is 30 days from your premium due
date
l Non receipt of premium intimation cannot be cited as a reason for non payment of premium.
l GST Registration Number 33AAFCS2530P1Z8. SAC Code of Life Insurance Service: 997132.
l SBI Life branches and its sales team are not authorized to collect cash.
l In case of revival of the policy, the risk cover under the base policy and the rider covers, if any, will recommence from the date of revival. Any contingencies which may have happened
while the policy was lapsed will NOT be covered even if the claim is made or intimated after the policy has been revived.
l As per GOI notification, GST has been levied on your insurance policy @ 18% on premium or charges. (or as applicable) w.e.f 01.07.2017. In the case of endowment policy, the taxable
value is 25% of the premium for first year and 12.5% for second & subsequent year. For single premium annuity policy, the taxable value is 10% of the premium. Please refer SBI Life
website for details.
l * - KFCT (Kerala Flood Cess Tax) if applicable effective 01 Aug 2019 for policies where customer and branch address is same for kerala state.
l POLICIES WHICH LAPSE WITHOUT PAYMENT OF MINIMUM STIPULATED PREMIUMS WILL NOT ACQUIRE ANY SURRENDER VALUE AND PREMIUMS PAID WILL GET
FORFEITED. PLEASE REFER TO THE POLICY TERMS AND CONDITIONS FOR DETAILS.
Please note that some of our branches have shifted. The address of your servicing branch is given below. You may approach either your servicing branch or any of our other branches
for all your servicing needs and premium payment.