Reliance General Insurance has announced their association with National Payment Corporation of India (NPCI), launching a platform for making insurance premium payments digitally through Bharat Bill Payment System.
This facility allows a customer to renew their policies by paying insurance premium at a click through multiple channels such as internet banking, mobile banking/app, website, agent, business correspondents and branches using multiple modes such as cards, NEFT, net banking, UPI, account transfer and e-wallets etc, Reliance General Insurance said in a statement.
"This initiative enables a customer to “control” and “execute” the insurance premium payment via any customer facing electronic/mobile channel irrespective of bank or payment app," it added.
Customers will also be able to access a larger network of Bharat BillPay enabled physical touch points across India which includes bank branches, business correspondents and retail agents.
Additional benefits to customers will include convenience, 24*7 availability, easy fetch and instant notifications with be-assured stamp for policy renewals. Consumer can look for the Bharat BillPay logo on any of the app/website and can easily do all insurance renewals, Reliance General Insurance said.
“This association with Bharat Bill Payment System is yet another milestone in our journey towards being best-in-class for our customers, while endorsing Vocal for Local using state-of-the-art digital systems provided by haloed institutions such as the NPCI," said Rakesh Jain, ED & CEO, Reliance General Insurance.
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