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Best Claim Settlement Awards 2022

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  • Overview
  • Features And Benefits
  • Types of Shriram Car Insurance
  • New Car Insurance
  • Used Car Insurance
  • Bumper to Bumper Car Insurance
  • Own Damage Car Insurance
  • Comprehensive Car Insurance
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  • Calculate Premium
  • Save On Premium
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  • IDV
  • NCB
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  • Deductibles
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  • Premium Components
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  • Buy / Renew
  • Claim Process
  • Terminologies
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What is a No Claim Bonus (NCB)?

  • No Claim Bonus (NCB) is provided by the insurer to the insureds who have not made any claims during the policy term
  • NCB is applied on the Own Damage premium that the policy holder has to pay during the next policy term
  • No Claim Bonus increases with each consecutive claim -free year, up to a maximum of 50%
  • NCB can be transferred to a new insurance company when the policy holder switches insurers
  • NCB can also be transferred to a new vehicle, provided the policy holder has sold the old vehicle and is purchasing a new one
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Importance of No Claim Bonus

  • Maintaining a NCB can be beneficial for policy holders in the long run, as the NCB percentage increases with every claim-free year
  • It is also transferable when the policy holder sells the vehicle and purchases a new one. The NCB can be transferred by submitting a proof of the previous policy's NCB to the new insurance company
  • It also reflects positively on the policy holder's driving record and can result in comparatively lesser premiums in the future
  • NCB is transferable when the policy holder switches to a new vehicle or a new insurance company
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Period of Shriram Car Insurance

No Claim Bonus Percentage

No claim made during the preceding full year of Shriram Car Insurance

20%

No claim made during the preceding 2 consecutive years of Shriram Car Insurance

25%

No claim was made during the preceding 3 consecutive years of Shriram Car Insurance

35%

No claim made during the preceding 4 consecutive years of Shriram Car Insurance

45%

No claim made during the preceding 5 consecutive years of Shriram Car Insurance

50%

Frequently Asked Questions

What is a No Claim Bonus (NCB) in Car Insurance?

NCB is offered by insurance companies to policy holders for not making any claims in the previous policy period. The discount can range from 20% to 50% of the own damage premium

What is a NCB Certificate?

The insurance company issues an NCB certificate to the policy holder at the time of policy renewal, indicating the NCB percentage. The certificate should be retained by the policy holder and submitted to the new insurance company during policy transfer or renewal

What is the validity of the NCB?

The NCB is valid for up to 90 days from the policy expiry date. It can be used during the renewal of the policy for the new vehicle or the same vehicle. If the policy is not renewed within 90 days, the NCB becomes null and void

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MARCUS MANOHAR PARKHE

Mr. Khalil, your Executive was very coperative. the overall experience was very good. Thank you.

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Blogs

what is the difference between toll and road tax

What Is the Difference Between Toll and Road Tax?

Posted on 2025-04-16 12:47:14

How is road tax different from toll tax? It all comes down to their objectives and payment methods. State governments in India levy road taxes at the time of vehicle registration as a one-time or recurring payment to fund road construction and maintenance. Toll charges are only applied while using specific highways, motorways, or bridges to assist in recouping the costs of constructing and operating these roads. Think of it this way: Road taxes work similarly to membership fees, providing access to all state roadways, regardless of whether you use them. Toll tax is a pay-as-you-go service, meaning you only pay when you use a particular road or bridge that needs additional investment. Knowing these taxes enables car owners to control spending and stay out of trouble with the law. Let us examine them in more detail.

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Planning for retirement is one of the most fundamental elements of long-term financial stability. Two of the most favoured retirement savings plans in India are the National Pension System (NPS) and the Employees' Provident Fund (EPF). Considering their special benefits, many people are curious about the possibility of transferring money from EPF to NPS or vice versa. This article discusses the possibility of such a transfer, as well as the tax ramifications and legal procedures involved.

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How Does Eco Friendly Driving Reduce Your Cars Carbon Emissions?

Posted on 2025-04-15 10:14:40

In India, where air pollution is becoming a major problem, following eco-friendly driving tips is not only a choice—it is a need. Transportation is a significant source of carbon emissions, and each automobile on the road contributes in some way. Although converting to alternative fuel cars is the best option, little adjustments to driving practices may still greatly impact fuel consumption and pollution reduction. From boosting fuel economy to properly maintaining your vehicle, this article provides practical strategies to drive more sustainably on Indian roads.

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Shriram Car Insurance in Major Cities in India

Delhi

Delhi

Chennai

Chennai

Mumbai

Mumbai

Ahmedabad

Ahmedabad

Gurgaon

Gurgaon

Bangalore

Bangalore

Agra

Agra

Bhopal

Bhopal

Pune

Pune

Indore

Indore

Jaipur

Jaipur

Dehradun

Dehradun

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vehicle

Maruthi Wagan R

TN32TY6799

NCB Discount: 25 %

  • Model

    VITARA BREZZA ZDI

  • Policy End Date

    31/12/2024

Benefits Covered

Premium Amount

₹ 1326 +GST

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