We are paying massive amounts as early premium the good thing is that they offer online payment services but the IDBI bank provides the payment gateway service and they charge 1.5% of the premium amount plus flat 80 rs service charge which is a huge inconvience for credit card uses. For instance I paid 25000 As the premium amount I should pay 450 plus service tax as the additional charges. imagine a person paying bigger premiums. A company who causes inconvenience to customers is not at all a good company. Now I am running out of cash break few RDS and pay the premium instead of simply paying via credit card. I dont want to waste Rs.500 .