Paymate
is a SMS based payment platform that allows you to
transact conveniently through a ‘single
SMS’.
Paymate is the most easy, secure and convenient
mode of payment.
If you have an account with IDBI Bank, you can pay your renewal premium through Paymate.
Registration Instruction:
If you hold an account with any of the bank
mentioned above, you may call your respective bank
call center to register and start using Paymate
for paying your premiums.
The bank takes you thru’ verification
process of verifying your bank a/c details.
On successful completion of verification, your
bank provides you with a 4 digit unique identification
pin.
The mobile number & the 4 digit pin are
registered by your bank against your Bank a/c number.
You are now registered and ready to use Paymate
to pay your premiums thru’ SMS.
Payment Instructions:
SMS “IVL ‘space’ your 8 digit policy number to
5667711
You will receive a SMS from Paymate on your Policy details like
Name of the Life Assured and the premium amount due with a 3 digit
pin number.
After verifying your Policy details you have to reply by typing
IVL ‘space’ 3 digit pin (provided by Paymate) followed
by 4 digit pin number (provided by your Bank during registration).
On successful verification, Paymate confirms to you via SMS the
status of the transaction along with a transaction id.
If you need any more information or clarification on the premium payments, you can call our
Toll free No: 1-800-419-8228
Mobile No: +91-9880888228 or
Landline No: 080-41345444
Operational Hours:
9 AM to 9 PM (Monday to Friday)
9 AM to 6 PM (Weekends and Holidays)
