Document Detail

Title: To all IMFs and prospective applicants
Reference No.: IRDA/INT/CIR/IMF/102/07/2018
Date: 06/07/2018
Payments to IRDAI Bank Accounts.

It is hereby brought to the notice of all concerned, that any remittance made to IRDAI bank accounts shall be made as per the following details and paid to the designated bank accounts only.



Bank Account No.

Nomenclature of the  Account

Nature of payment

Name of bank/ Bank branch/ IFSC



1.Registration Fees

2.Renewal/ Annual/ License fees

3. Processing fees   

4.Any other fees which may be applicable from time to time.

Bank of India

Basheer Bagh Branch




All Penalties levied by

the Authority on all regulated entities.

Bank of India

Basheer Bagh Branch




Further, it is also  advised  to all concerned, to inform  Accounts Department of  IRDAI for any remittance made in the above bank accounts, in the format prescribed in Annexure-I, at accounts at irda dot gov dot in with a copy marked to imf at irda dot gov dot in, on the day of making the remittance.


Any remittance made to the above accounts without the above confirmation mail shall not be taken into account by IRDAI.


This circular is issued with immediate effect.




(Suresh Mathur)

Executive Director







Format for providing information to Accounts Department and IMF Department:



IRDAI Account no.


Name of Entity


Type of Entity


Nature of remittance


Amount (?)


Year for which the remittance is made


Payee Bank & Branch


Payee account number


Payee account name


Date of Remittance


Mode of Remittance (NEFT/RTGS/IMPS)


UTR/ Reference No. of transaction






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