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Life Insurance for FY 2022-23 was Rs. 2 Lakh

This query is : Resolved 
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online

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online (Querist)
19 May 2023 Life insurance for FY 2022-23 premium was Rs. 2 Lakh, But paid Rs. 2,02,500/-
Rs. 2500 Excess Paid by an individual . What is Rs. 2500 Excess Payment
is interest or penalty for delay payment.
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Dhirajlal Rambhia online

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Dhirajlal Rambhia online (Expert)
19 May 2023 Penalty for delayed payment.

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