Tata AIG Life Insurance Company in order to offer payment of renewal premiums through NEFT mode has forged an alliance with Citibank and this being the first life insurance company to offer this mode of payment. However, the made to order facility by Citibank will allow Tata AIG Life policyholders to pay their renewal premium through the net banking facility directly from their bank account held with any NEFT-enabled bank branch in India.
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