Pay Your Premium

Now pay your premiumA regular payment made to the insurance company to keep the policy in force. with just a click! You can make online premiumA regular payment made to the insurance company to keep the policy in force. payment anytime by using the online payment facility on our website. Pay online through Credit Cards(MasterCard /Visa), Net Banking and Visa Debit Cards.

• Choose payment gateway
• Provide information and make payment
• Receive online confirmation

You can now pay your premiums through our state-of-the-art Interactive Voice Response system available 24*7. This service also provides you round-the-clock information on your:

• Due date
• Payment status
• PremiumA regular payment made to the insurance company to keep the policy in force. receipt
• Local office addresses
• NAV etc.

Also, our customer care executives are trained in English, Hindi, Punjabi, Marathi, Gujarati, Kannada, Tamil, Telugu, Bengali and Malayalam.

You can pay your premiums using your credit card (Master/Visa). You simply need to fill up the credit card standing instruction form and send it to us along with the photocopy of the front side of your credit card.

You can submit this form at any of our branch offices or mail it to our communication address. You can also hand it over to your advisor.

Please send your Credit Card instruction duly filled up, to the following address:

Mandate Desk,
Max New York Life Insurance Company,
Operations Center, 3rd Floor,
90 A Sector 18, Udyog Vihar
Gurgaon-122015.

ECS is an automated facility that debits your premiumA regular payment made to the insurance company to keep the policy in force. directly from your bank account on the draw date of your choice.

To opt for this facility, please submit the ECS Mandate Form,duly filled and signed, along with a cancelled cheque atleast 30 days before your next premiumA regular payment made to the insurance company to keep the policy in force. due date. You can submit the form with your agent advisor or at any of our branch offices. You can also send it at the following address: -

Mandate Desk,
Max New York Life Insurance Company,
Operations Center, 3rd Floor,
90 A Sector 18, Udyog Vihar
Gurgaon-122015.

Please verify all the bank details before submitting your ECS mandate form

Direct Debit facility is an option to facilitate customers whose bank branch is not falling under the ECS enabled locations approved by RBI. We have a special arrangement with following banks through which premiumA regular payment made to the insurance company to keep the policy in force. can be debited directly from your bank account on the draw date of your choice.

Bank Name

• AXS-AXIS BANK LTD
• BOI-BANK OF INDIA
• CIT-CITI BANK N.A.
• HON-HONGKONG AND SHANGHAI BANKING CORPORATION
• IBL-IDBI BANK LTD
• ICI-ICICI BANKING CORPN LTD
• KMB-KOTAK MAHINDRA BANK LTD
• PNB-PUNJAB NATIONAL BANK
• SBI-STATE BANK OF INDIA
• YES-YES BANK LTD.
• IDS-INDUSIND BANK LTD
• UNION BANK OF INDIA
• BANK OF BARODA
• FEDERAL BANK

To opt for the facility , please submit the ECS Mandate Form duly filled and signed along with a cancelled cheque atleast 30 days before your next premiumA regular payment made to the insurance company to keep the policy in force. due date. You can submit the form with your agent advisor or at an of our branch offices. You can also send it at the following address :

Mandate Desk,
Max New York Life Insurance Company,
Operations Center, 3rd Floor,
90 A, Sector-18, Udyog Vihar
Gurgaon-122015.

ECS related FAQs

EBPP is an automated facility that debits your premiumA regular payment made to the insurance company to keep the policy in force.. A regular payment made to the insurance company to keep the policy in force directly from your bank account on the policy due date.

To opt this facility, visit any of below mentioned sites & register yourself with our service providers. Post successful registration your policy premiumA regular payment made to the insurance company to keep the policy in force. will be debited from your bank account on due date automatically.

• Tech Process
• Bill Desk

Max New York Life has 1402 drop-boxes in India to ensure that you can pay your premiumA regular payment made to the insurance company to keep the policy in force. with minimum effort. These drop-boxes are cleared everyday (except for national holidays and Sundays) and sent for clearance the very next day.

Locate a Sky Pak Drop-box near you

Alternatively, to find a Drop-box near you, please refer to your recent Billing Notice or call us at 1800 200 5577(toll free)

We have a network of 487 branch offices across 389 cities. Locate your nearest Max New York Life branch.

Alternatively, you can call us on 1800 200 5577 (toll free) and find more about the branch.

You could also pay your premiums using any of the following PremiumA regular payment made to the insurance company to keep the policy in force. Payment options at our branch offices:

• Cash
• Cheque
• Credit card

For all payments made at the branch office, you would receive an acknowledgement.

Max New York Life has tied up with Yes Bank for the drop-box facility at their Banks and ATMs. The Policyholders can drop their cheques at any Yes Bank Branches or ATM drop-boxes.

Click here to locate Yes Bank Branch Offices / ATMs.

Policy holders can deposit their Renewal PremiumA regular payment made to the insurance company to keep the policy in force. Payments through cheques at the various Easy bill outlets in their locality. This facility is available in Delhi and NCR only.

Only local and current dated cheques would be accepted. No post-dated cheque and upcountry cheques will be accepted through Easy bill.

List of Easy Bill outlets

i-Pay Electronic Drop Box is a compact self service premiumA regular payment made to the insurance company to keep the policy in force. option. The i-Pay Electronic Drop Box with state of the art functionality provides Instant Acknowledgement to customer.

Download i-Pay Electronic Drop Box location list

Max New York Life has tied up with Axis Bank for accepting renewal premiumA regular payment made to the insurance company to keep the policy in force. for Max New York Life policies. You can visit any of the nearest Axis Bank branch. Click here to locate nearest Axis Bank Branch Offices.