Question

    Which of the following insurance company was the first

    Insurance Company to adopt UPI Auto debit facility?
    A HDFC Life Insurance Correct Answer Incorrect Answer
    B Axis Life Insurance Correct Answer Incorrect Answer
    C ICICI Prudential Life Insurance Correct Answer Incorrect Answer
    D Oriental Insurance Company Ltd Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    ICICI Prudential Life Insurance has joined hands with the National Payments Corporation of India (NPCI) to offer Unified Payments Interface (UPI) AUTOPAY facility to its customers. ICICI Prudential Life has become the first life insurance company to provide its customers with the UPI AUTOPAY facility as part of its efforts to simplify processes and thereby provide convenience to customers.

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