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

860120110000663

IRDAI IMF FEES

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

BKID0008601

860120110000682

IRDAI PENALTY RECEIPTS

All Penalties levied by

the Authority on all regulated entities.

Bank of India

Basheer Bagh Branch

BKID0008601

 

 

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

 

 

 

 

Annexure-I

 

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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