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INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY - page 4 / 28

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Fee Structure: The following scale of fees shall be payable to IRDA from the fresh applicants for grant of licence.

S.No.

Category of Surveyor and Loss Assessor

Amount payable for Companies/ Firms (Rupees)

1.

A

Twenty Five Thousand

2.

B

Twenty Thousand

3.

C

Fifteen Thousand

5.

Payment in Cash or by Money Order, Cheque, Postal Order, Postage or Insurance Stamp is not accepted and will be returned at applicant’s cost.

6.

If the fee is made for a category of surveyor and loss assessor licence which involves payment of higher sum of money and IRDA grants a licence whose category involves payment of lower fees the IRDA shall refund the balance to the applicant within a reasonable period of time through a crossed cheque in favour of the applicant.

7.

The application complete in all respects alongwith Account Payee Demand Draft should be forwarded by the applicant to the following address:

Insurance Regulatory and Development Authority

Gate No. 3, First Floor, Jeevan Tara Bldg.

5, Parliament Street, New Delhi-110 001.

8.

No acknowledgement of this application will be sent. If one is required the application should be sent by registered post (acknowledgement due). No application is accepted by hand.

9.

An affidavit on two Rupees non-judicial stamp paper is required to be furnished for fresh licence in the form of a declaration as contained is S.No. 3 of the application form.

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