From your above post, by “surplus amount equal to premium account” did you mean to say that one should have to place the outstanding amount of Rs 11,788/- in that Suraksha a/c.
In my case let say outstanding amount is showing as 194/- and Limit as 84,000/-. I tried to transfer 194/- from my Saving a/c to Suraksha a/c via fund transfer but transaction got failed. Might be Suraksha account is not operational. But the bank guys told me to place a standing instruction, so again i put standing instruction of Rs 194/- in that a/c to be paid for next 2 months on the 5th of date.