Document Detail

Title: To all General Insurers / and State Government Insurance Departments
Reference No.: IRDA/NL/CIR/MISC/127/08/2018
Date: 13/08/2018
Payments to IRDAI Bank Accounts., Aug 2018

It is hereby brought to thenotice of all concerned, that any remittance made to IRDAI bank accountstowards Annual fee / registration fee etc…shall be made as per the followingdetails and paid to the designated bank accounts only.


Bank Account No.

Nomenclature of the  Account

Nature of payment

Name of bank/ Bank branch/ IFSC


Insurers (General Insurers / Exempted Insurers)

1.Registration Fees

2.Annual Fees

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

Bank of India

Basheer Bagh Branch



IRDAI Penalty Receipts

All Penalties levied by

the Authority on all regulated entities.

Bank of India

Basheer Bagh Branch



Further, all companies shall inform the AccountsDepartment of IRDAI of any remittance made in the above bank accounts, inthe format prescribed in Annexure-I, at accountsat irda dot gov dot in with a copy markedto ypriyab at irda dot gov dot in,on the day of making the remittance.


Any remittance made to the aboveaccounts without the above confirmation mail shall not be taken into account byIRDAI.


This circular is issued withimmediate effect.


(Y.Priya Bharath)

ChiefGeneral Manager( Non life)







Format for providing information to Accounts Department and NonlifeDepartment:


IRDAI Account no.


Name of Entity


Type of Entity


Nature of remittance


Amount (Rs.)


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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