The Insurance Regulatory and Development Authority of India (IRDAI) has introduced a new payment system, Insurance-ASBA ...

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Referred to as Bima-ASBA (applications supported by blocked amount), transfer of money from a prospective policyholder to the ...

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The Insurance Regulatory and Development Authority of India (IRDAI) has introduced a new payment mechanism called Bima-ASBA ...

Insurance Regulatory and Development Authority of India (IRDAI) has issued a circular introducing the Bima-ASBA (Applications Supported by Blocked Amount) facility for life and health insurance ...

The new payment mechanism, aims to streamline the payment process for life and health insurance policies, will be effective ...