Bajaj Allianz Life Insurance Maturity Form – How to Complete It

What the Maturity Form Covers

The Bajaj Allianz maturity form is the official document you submit when your term or whole life policy reaches its end date. It requests your personal details, policy number, nominee information and the amount you wish to receive. The form also confirms the type of payout you want—lump sum, instalments, or a combination.

When to File the Form

File the form within 30 days of the policy's maturity date to avoid delays. If you miss the window, the insurer may consider the claim late and could refuse it or reduce the payout.

Documents You'll Need

• Original policy booklet or policy number
• Government‑issued ID (passport, PAN, voter ID)
• Proof of address (utility bill, bank statement)
• Bank account details (IFSC, account number)
• Medical certificate if claiming on a health‑related policy

Step‑by‑Step Filling Instructions

1. Personal Information

Enter your full name, date of birth, and contact details exactly as they appear on your policy.

2. Policy Details

Provide the policy number, type (term, whole life, ULIP), and the maturity date.

3. Nominee Information

List all nominees with their relationship and percentage shares. If you have multiple nominees, use the "Additional Nominee" section.

4. Payout Instructions

Select whether you want a lump sum, monthly instalments, or a combination. If instalments, indicate the frequency and the start date.

5. Bank Details

Fill in your bank name, account number, IFSC code, and branch. Double‑check for errors to prevent payment delays.

6. Declaration and Signature

Read the declaration carefully. Sign in the space provided and date the form. Unsigned forms are rejected.

Submitting the Form

You can submit the completed form in one of two ways:

• In‑person: Visit any Bajaj Allianz branch and hand the form to a customer service representative.
• Online: Upload a scanned copy on the insurer's portal under "Maturity Claims."

Keep a photocopy for your records. After submission, the insurer usually processes the claim within 15–20 business days, provided all documents are correct.

Common Pitfalls and How to Avoid Them

• Incorrect policy number – double‑check against your booklet.
• Missing nominee details – incomplete nominee sections trigger rejections.
• Wrong bank details – mismatched IFSC codes can delay payment.
• Late submission – file within the 30‑day grace period.

What Happens After Approval

Once the claim is approved, Bajaj Allianz issues an acknowledgment receipt. The payout is transferred to the nominated account(s) as per the chosen schedule. Keep the receipt for your tax records, as the maturity amount may be taxable under the current income tax slab.

Contacting Bajaj Allianz for Assistance

For any queries, call the customer care number 1800‑123‑456 or visit the nearest branch. Online chat support is also available on the official website.