Accept HDFC Life Insurance Premium Payments on Bharat Bill Payment System of BillAvenue

BillAvenue welcomes you onboard as a Collection Agent and authorizes you to collect insurance premium payments for HDFC Life Insurance. You can now take home an attractive commission by collecting insurance premium payments from thousands of customers and also bill payments from customers who have subscribed to utility services such as Direct-To-Home (DTH), broadband, gas, electricity, water supply, mobile postpaid, and more. Built on Bharat Bill Pay (BBP) infrastructure, BillAvenue handles bill payments and insurance premium payments across India through a single platform.

Earn a Service Fee while you Collect HDFC Life Insurance Premium Payments

HDFC Life Insurance is a long-term life-insurance provider offering individual and group insurance. The company is a joint venture between HDFC Ltd. and Standard Life Aberdeen, which is a global investment company. The products offered by HDFC Life include Protection, Pension, Savings & Investments, Health along with Children and Women plans. It operates across the country through 412 branches and additional distribution touchpoints. The company's partnerships comprise 265 bancassurance partners including NBFCs (Non-Banking Financial Companies), MFIs (Micro Finance Institutions), SFBs (Small Finance Banks), etc. and 39 partnerships within non-traditional ecosystems. Thousands of customers across the country are now switching to HDFC Life Insurance services. However, making insurance premium payments easily still remains a challenge. BillAvenue has therefore surfaced with a powerful solution of HDFC Life Insurance BBPS. With this secured insurance premium payment service, customers can easily pay insurance premiums online or even show up at your point of service for instant payment. To become a Collection Agent it really doesn't matter if you are an aggregate business or a small entrepreneur. Through BillAvenue BBPS system, you get a fine opportunity to collect insurance premium payments and add extra income to your list of benefits.

As a Collection Agent for HDFC Life Insurance BBPS you are Assured of Earnings

HDFC Life Insurance offers insurance premium payment services to customers across the country. HDFC Life Insurance pay BBPS is an online platform that enables faster and secured collection of insurance premium payments from customers. A BillAvenue Collection agent therefore gets onboarded to serve customers and generate a reliable source of high income.

Insurance Premium Payment Collection through HDFC Life Insurance Payment BBPS Platform

Authorized by the Reserve Bank of India (RBI) as a Bharat Bill Payment Operating Unit (BBPOU), BillAvenue functions as a centralized platform that enables agent institutions to collect life insurance premium payments from customers. It assists banking and non-banking entities who cannot operate as BBPOU to become Agent Institutions (AI) and makes the insurance premium payment process simpler so that every appointed agent makes a fortune in the form of agent fees on every insurance premium payment collected through the BBPS system. You can collect life insurance premium for billers registered on the BBPS system.

Win-win situation for a BBPS Collection Agent

A BBPS Collection Agent at BillAvenue, is now at double advantage as on one side he/she gets assurance about partnering with a BBPOU which is certified by National Payments Corporation of India (NPCI) and on the other side gets agent fees for services rendered. The insurance premium payments made by customers get credited at a much faster pace through online payment technology thereby reducing the turnaround time and the possibilities of mistakes that usually occur in old methods of payments. By working in collaboration with such a secured, seamless and standardized BBPS, your efforts as a BBPS Collection Agent are not only recognized but also rewarded with BBPS Collection Agent Fees.

A Customer Centric Unit

In the secured transaction environment provided by BBPS, the customer feels protected and comfortable while making insurance premium payments. Moreover, the customer gets a personalized experience while he/she conveniently walks in at your Point-of-Service and directly interacts with you. Additionally, making instant payment through a mobile or computer expedites the process for the customer and makes it far effective than it used to be earlier. The payment process becomes even more dependable as the customer receives a quick payment acknowledgement receipt through SMS immediately after the payment is made.

Advanced Platform to Generate Revenue for BillAvenue Agents

Isn't it really amazing to know that almost every biller of the country will soon be available on the BBPS system? As more and more customers make their insurance premium payments and bill payments under the Bharat Bill Pay (BBP) ecosystem, your scope for additional income as a Collection Agent grows tremendously. You can also set up customer access points in different regions.

Why Should an Agent Sign-Up with us?

• Standardized Process for Collecting Insurance premium payments
• Instant Credit of Funds in Account
• Access to a user-friendly dashboard where account status is available
• Agent gets to take the entire commission without any cuts