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About Paybima

The online marketplace has taken the world by storm. Whether it is bill payments, bank related transactions, shopping, groceries or services, you name them and internet would spew out the perfect solution in an instant. In this online generation, insurance is also not far behind. Acquiring knowledge of insurance plans, calculating premiums, buying the plan and also post-sales services can all be done online. Even your policy document first reaches your inbox before you get a physical copy of it. Easy and convenient, isn't it?

Online web aggregators boast of selling you insurance policies online at the click of your mouse. But, they seldom tell you the drawbacks of buying the policy online, which is post-sales service. The post-purchase assistance of the company, is where clients need maximum handholding. PayBima is the online portal of Mahindra Insurance Brokers Ltd., which is also available for you to cater to your post-sales assistance. MIBL is a part of $17.8 billion Mahindra Group and has been present for the last 12 years. Having serviced more than 6 million customers already, it also has an overall claim settlement of 10,000+ till date.

If you are confused as to why you should favor Paybima over the innumerable online aggregators, here are some reasons to make you see the light :

Claim assistance

Online web aggregators are helpful in buying the policy but when it comes to lending a hand at the time of claim settlement, they are conspicuously absent. Web aggregators sell online plans where you are in contract with the insurance company directly. At the time of claim, you have to get the claim settled yourself in co-ordination with the insurer. Paybima overcomes this problem. Being an insurance broker, we help you throughout your policy tenure and also assist you at the time of claim. So, you can not only buy a policy from us but also ensure continued service throughout your policy duration.


Insurance is a technical subject which is difficult for laymen to understand. Since the majority of customers are laymen, the nuances of their insurance plan escape their attention. It is only after when they are stung by their ignorance that they seek the help of experts. The online buying procedure is good for someone who understands the multiple facets of insurance minutely. But for laymen, Paybima renders its expertise in enabling us to buy the most suitable plan based on our requirements. This expertise also helps us during claim settlement (as mentioned above).


Paybima brings a gamut of offerings from multiple insurance companies under one place and provides you a unique experience of comparing & buying insurance policy in the simplest possible way.

With MIBL being present offline over 400+ locations, it is an added advantage for you to reach us instantly through our online portal Paybima. Our team will do the work while you sit back and enjoy the benefits of your insurance plan.

Thus, with convenience coupled with expertise makes Paybima a preferred choice amongst many; what is your experience with us? We would like to hear it from you. Please write to us at paybima.care@mahindra.com

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Corporate Office : Mahindra Insurance Brokers Limited ( A Mahindra Group Company ) Sadhana House, Ground Floor, 570 P. B. Marg, Behind Mahindra Towers, Worli, Mumbai 400018.
Licenced by IRDAI License No. 261; License Validity : 17-05-2022; Category : Composite Broker; CIN : U65990MH1987PLCO42609
Member of Insurance Brokers Association of India (IBAI). Insurance is the subject matter of solicitation.
Copyright © 2018 Mahindra Insurance Brokers. All Rights Reserved.

Disclaimer: The information displayed on this website is of the insurers with whom our company has an agreement.