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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 |
| 860120100001938 | 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 BKID0008601 |
| 860120110000682 | IRDAI Penalty Receipts | All Penalties levied by the Authority on all regulated entities. | Bank of India Basheer Bagh Branch BKID0008601 |
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
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)
Annexure-I
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 |
|
