Irdai's implementation of Bima-ASBA for insurance premium payments will enhance transparency and security by blocking the ...

Irdai's decision to implement ASBA facility for insurance premium payment will benefit customers by eliminating unauthorised ...

Bajaj Allianz Life Insurance introduces Bima-ASBA for policyholders, offering convenience, transparency, and flexibility in ...

It allows policyholders to block funds in bank accounts via UPI, ensuring a smoother transaction process without immediate ...

This eliminates the need for upfront premium payments and ensures greater financial security and transparency, says a release ...

The Insurance Regulatory and Development Authority of India (IRDAI) has floated the Bima-ASBA facility to simplify insurance ...

Irdai's Bima-ASBA facility for insurance premiums aims to eliminate unauthorized deductions, ensure timely refunds, and enhance transparency for policyholders.

Insurance regulator Irdai has directed life and health insurers to provide Bima-ASBA, a facility allowing policyholders to ...

Under this new payment method, the insurer can send a one-time mandate to block a certain amount for their insurance policy.

Insurance regulator Insurance Regulatory and Development Authority of India has asked life and health insurers to provide ...

ASBA, a facility eliminating unauthorised deductions and enhancing transparency in premium payments. Policyholders can now block funds in their bank accounts, which are debited only upon policy ...

New Delhi, Feb 21 (PTI) Irdai's decision to implement ASBA facility for insurance premium payment will benefit customers by eliminating unauthorised deductions and delayed refunds, say experts.