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A policyholder can pay his/ her premiums via the following mediums:
Online Payment: Premium payment has never been more convenient and simpler for you. Online Payment is an initiative to help you pay renewal premiums with a few clicks and that too anytime and anywhere.
This service does not require any registration and is available PAN India to all Kotak Life Insurance policy holders. However you need to have a valid online banking account with any of these banks: Bank of India, Centurion Bank of Punjab, Citibank, HDFC Bank, ICICI Bank, IDBI Bank, IndusInd Bank, Kotak Mahindra Bank, Punjab National Bank, State Bank of India, Union Bank of India and UTI Bank
Click here to pay now
Electronic Clearing Service (ECS): An extremely convenient service, ECS enables you to pay your insurance premiums directly from your bank account at no additional cost.
ECS also:
  • Relieves you from remembering your premium due dates
  • Relieves you from periodic issuing and depositing cheques
  • Helps you to pay your premium on the due date and ensure that your policy does not lapse
At present, this facility is available in the following cities for any banks
Agra Delhi Kakinada Rajkot
Ahmedabad Dhanbad Kanpur Ranchi
Allahabad Durgapur Kochi(Cochin) Salem
Amritsar Erode Kolhapur Shimla
Asansol Gadag Kolkata Shimoga
Aurangabad Goa/Panaji Kozhikode (Calicut) Siliguri
Bangalore Gorakhpur Lucknow Solapur
Belgaum Guwahati Ludhiana Surat
Bhilwara Gwalior Madurai Thrissur (Trichur)
Bhopal Haldia Mandya Tirupati
Bhubaneswar Hubli Mangalore Tirupur
Bijapur Hyderabad Mumbai Trichy (Tiruchirappalli)
Burdwan Indore Mysore Trivandram (Thiruvananthapuram)
Chandigarh Jabalpur Nagpur Tumkur
Chennai Jaipur Nasik/Nashik Udaipur
Coimbatore Jalandhar Nellore Udupi
Cuttak Jammu Patna Vadodara/Baroda
Darjeeling Jamnagar Pondichery Varanasi
Davangere Jamshedpur Pune Vijaywada (Buchinghampet)
Dehradun Jodhpur Raipur Vizag (Visakhapatnam)
To know more click here Download ECS Form
Cheques: All premium cheques should be in the name of "Kotak Mahindra Old Mutual Life Insurance Ltd – Policy No. ________.". The cheques can be deposited at any of the following:
  • Kotak Life Insurance Branch offices or Customer Service Office, 5th Floor, Zone 2, Kotak Infiniti, Building no. 21, Infinity Park, Off Western Express Highway, General A K Vaidya Marg, Malad (E), Mumbai – 400 097 .
  • Premium cheques can also be dropped at any of the Skypak drop boxes in specific cities.
Cash: All premium cash payments should be made either at any of the Kotak Life Insurance Branch offices.
 
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