Pay Your Premium Today. Repay in Easy Monthly Instalments.
Insurance is not optional — but a lump-sum annual premium often is. True Promise's motor insurance premium finance lets you protect your vehicle immediately while spreading the cost over 3, 6, or 12 months. No collateral. No guarantor. No branch visit. Just a simple digital process that takes under 3 minutes.
Check My EMI — Apply in 3 MinutesHow Premium Finance Works
Choose Your Insurance Policy
Select any motor insurance policy through True Promise. New purchase or renewal — both are eligible for financing.
Apply for Finance Online
Fill a short digital application form with your basic details. No physical documents needed at this stage.
Instant eKYC & Credit Check
Verify your identity through Aadhaar-based OTP eKYC. Our automated credit engine delivers a decision in seconds.
Loan Agreement & E-Sign
Review your EMI schedule and digitally sign the loan agreement using your Aadhaar OTP or registered mobile number.
Policy Activated Immediately
We pay the full premium to the insurance company on your behalf. Your policy goes live the same day.
Repay by EMI
Your monthly EMIs are auto-debited from your bank account on a fixed date. No manual payments, no missed dues.
Why Finance Your Premium with True Promise?
Zero Collateral
No property, gold, or guarantor required. Your insurance policy itself secures the loan.
Instant Approval
Our automated platform processes your application and delivers a credit decision in under 60 seconds.
Flexible Tenure
Choose 3, 6, or 12 monthly instalments. Pick the plan that fits your monthly budget.
Same-Day Activation
Once the loan is approved and your e-sign is complete, the premium is disbursed and your policy is active within hours.
Transparent Pricing
One flat processing fee. No hidden administration charges. Your EMI amount is fixed from day one.
Auto-Debit EMIs
Set up a one-time NACH mandate. EMIs are automatically collected — no reminders, no late fees anxiety.
Who Can Apply?
Our premium finance product is designed to be inclusive. Here is what you need to be eligible:
- Indian resident aged 21 to 65 years
- Valid Aadhaar card and PAN card
- Active savings or current bank account
- Minimum monthly income of ₹10,000 (salaried or self-employed)
- Registered owner of the vehicle being insured
- No active loan default or serious credit delinquency
Self-employed individuals, gig workers, and informal income earners are also considered. Our underwriting model looks beyond just a salary slip.
Premium Finance — At a Glance
Lending is facilitated through registered NBFC partners. True Promise acts as a Lending Service Provider (LSP). Loan terms are subject to credit assessment and partner lender policies.