IRDAI Introduces Bima-ASBA: A New UPI-Based Solution For Insurance Premium Payments – Top Speed News
Last Updated:February 19, 2025, 17:22 IST It aims to simplify the process of premium payments for life and health insurance, enabling policyholders to block the required amount in their bank accounts. IRDAI announces BIMA-ASBA for premium payment. The Insurance Regulatory and Development Authority of India (IRDAI) has introduced a new payment mechanism for policyholders known…