Motor Insurance Guide 2026
NCB Meaning No Claim Bonus Explained
NCB is up to 50% discount on your premium. Understand how it works, rates, and how to protect it.
NCB Rates — IRDAI
| Claim-Free Year | NCB Discount | Description |
|---|---|---|
| Year 1 | 0% | First year — no discount |
| Year 2 | 20% | 1 claim-free year |
| Year 3 | 25% | 2 consecutive claim-free years |
| Year 4 | 35% | 3 consecutive claim-free years |
| Year 5 | 45% | 4 consecutive claim-free years |
| Year 6 | 50% | 5+ consecutive claim-free years (maximum) |
FAQ
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