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SBI General Insurance

SBI General Insurance Company Limited, a joint venture between State Bank of India and Insurance Australia Group (IAG), commenced its operations in the year 2010. SBI General Insurance follows a powerful multi-distribution model encompassing Bancassurance, Retail Direct Channels, and Agency Broking. It also enjoys the largest banking franchise in India. SBI is considered India’s largest & premier commercial Bank in terms of balance sheet, profits, assets, deposits, branches and employees.

SBI General Insurance has its reach in nearly 21000 branches of State Bank Group

SBI is amongst the world’s largest banks and has now started exploring other new business with tie ups in General Insurance, Private Equity, Mobile Banking, Pension Funds etc. The Company is led by Bhaskar Jyoti Sarma who is the CEO and Managing Director of SBI General Insurance.

Interesting Facts of SBI General Insurance

  • SBI General’s Distribution channel includes over 19,000 IRDA certified employees and over 8000 Agents covering even the remote areas of the country.
  • It’s geographical reach covers over 100+ cities across India and over 350+ locations through satellite resources
  • SBI serves three key segment customers retail, corporate and SME

  • Claims Ratio for Financial Year 2018-19:

    • Motor: 87%
    • Health: 52%

SBI General Insurance Products and Services

Premium Payment process of SBI General Insurance Company

Online Payment process

With SBI General Insurance Company, you can get instant quotes online for motor insurance, health insurance, travel insurance etc.


For new car, one can visit the below SBI website, fill details like car model variant, car make, registration city etc. Select IDV and make payment.

Note: With respect to other products, the online payment process is the same.

Awards and Achievements of SBI General Insurance Company

The SBI General Company has won awards like:

  • SBI General wins the ET Best BSFI Brands Award 2018

  • Best E-Magazine Award

  • The ISO 27001:2013 certification awarded to SBI General for its Information Security practices

  • Bancassurance Leader (Medium & Small Category)

  • Great Place To Work

  • BEST BFSI Brand Award

  • “Under-served Market Penetration” and “Commercial Lines Growth Leadership” Award

  • Marketing Initiative Award, 2015

  • Data Quality Award, 2014

  • Technology Maturity Award, 2013

  • Rising Star Insurer Award, 2012

  • Data Quality Asia Pacific award, 2012


How to renew SBI General insurance policy online?

You can renew your SBI General Health and Motor Insurance policy online on the below mentioned site of SBI. Or you can call their toll free number on 1800 22 1111

Why should you buy SBI General Health insurance Policy?

The best part about buying health insurance from SBI General Insurance is that they try making plans suiting the requirement of every individual giving them a greater sense of security and better health.

Why should you buy SBI General Car Insurance Policies?

One can buy SBI General Car Insurance policies for the following reasons:

  • Simple and hassle-free online buying process

  • Trouble free claims process

  • Effortless and quick online renewal

What Kind of policies are available online with SBI General Insurance Company Limited?

SBI provides insurance for motor, health, travel, home, and personal accident.

Customer Reviews
Average Customer Rating:
SBI General Insurance company5 / 5 ( 17 reviews )
Write a review
Nikhil Suri
Not happy with the service
Just a mail. Had expected person to call. First and second year got number of calls for policy. But this year, it seems it was just a formality for you to put a mail and leave it. Had expected better than this very poor approach.
31 Jan