LIC Premium Online Payment Pay LIC Online Payment through Debit or Credit Card

LIC Premium Online Payment – LIC offers several modes through which customers can pay premiums for their policies. Payment for LIC policies can be done online at the LIC website, authorized banks, franchisees, approved LIC agents, and even Paytm. Presently, LIC has expanded its products to meet the changing needs of people from all walks of life. It offers life insurance, unit-linked insurance plans (ULIPs), and other types of insurance plans. Citizens can choose from a wide range of insurance plans that suit their needs.  If you are a Life Insurance Corporation of India (LIC) customer, you can manage your policy provided you have an internet connection. You can pay your premium online, where the entire process is user-friendly and hassle-free in nature.

LIC Premium Online Payment

Now you can pay LIC premium online efficiently and securely. The payment process is different for registered and non-registered users. Nevertheless, customers will benefit from the same efficiency and security of paying anywhere and anytime. Registered policyholders can choose to pay their policy premiums through the e-seva facility provided on the LIC website. As the world of banking and insurance has gone online, more and more people are now opting for the convenience of making online payments. With time and innovation, these channels of payment have become more and more sophisticated. For the convenience of its customers, LIC offers several channels through which customers can make payments for their LIC policies.LIC Premium Online Payment

Payment for LIC policies can be done online in various ways such as from the LIC website, at authorized bank branches, at franchisees, or even at merchants. Here, we have compiled a comprehensive list of all the options through which customers can pay for their insurance policies. Over time, the company has not only expanded its operations but also expanded its products to meet the insurance needs of the ever-increasing population. After years of innovation and providing some of the best life insurance plans, LIC is now counted among some of the most reliable, trusted, and popular life insurance providers in the country. Here, we have compiled a comprehensive list of all the options through which customers can pay for their insurance policies.

LIC Payment Mode

If paying your insurance premium by visiting the branch directly has become a problem for you, you can take the online route now. Life Insurance Corporation of India (LIC) has provided some online options to its policyholders to pay premiums. You can do this either by visiting the LIC website or by downloading the LIC India app. LIC offers several modes through which customers can pay premiums for their policies. Payment for LIC policies can be done online at the LIC website, authorized banks, franchisees, approved LIC agents, and even Paytm.

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Once the policy is issued, policyholders can visit the official website of LIC and register their policy in the portal. By registering their policies in the customer portal, policyholders can access their accounts and check their policy details whenever they want. Additionally, this portal can be used to pay premium dues. It is worth noting that the facility of online premium payment is available only for those customers who have registered their policies in the portal. These customers can also pay premiums without logging into their accounts. Let us see the step-by-step process involved in paying LIC premium online.

Life Insurance Corporation Online Payment For Registered/ Non-Registered Users

  • Go to the LIC India website. Choose from two options “Make Payment Direct” or “Through Customer Portal”.
  • If you select the ‘Pay Direct (without login)’ option, the following screen will be displayed.
  • Select the payment type without remembering the login credentials.
  • If you select the option ‘Through Customer Portal’ then LIC Login ID and Password will be required to sign in.
  • Provide the required information and click on submit button.
  • Once clicked, you will be asked to provide your policy number and the premium amount payable.
  • After entering the details, you will be able to view all your enrolled policies.
  • From this page, select the policies for which you want to pay the premium and click on submit option to confirm your selection.
  • You will be redirected to the Payment Gateway page where you can choose to make the preferred payment option either Net Banking or Credit/Debit Card.

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LIC Premium Online Payment through Customer Login:

  • Visit the LIC India website through the link: https://www.licindia.in/Home
  • Click on ‘Pay Premium Online’ on the home page.
  • You will have two options – Pay Directly and Pay through Customer Portal. Click on the option ‘Pay through Customer Portal’.
  • Enter your login information (Email ID / Mobile Number / Customer ID) and date of birth.
  • Once logged in, you can choose the particular policy and make a premium payment online.

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LIC Premium Payment Without Customer Login

  • Visit the LIC India website through the link: https://www.licindia.in/Home
  • Click on ‘Pay Premium Online’ on the home page.
  • In the two resulting options, click on ‘Pay Direct (Without Login)’.
  • On the resulting page, select Renewal Premium / Revival.
  • Later steps include ‘Customer Verification’, ‘Premium Details’, and ‘Payment’.
  • After clicking on the Proceed button, enter your Policy Number, Date of Birth, Premium Installment, Mobile Number, and Email ID.
  • On completing these steps, you can enter your credit/debit card details and pay the outstanding premium amount.
  • A receipt acknowledging the premium payment will be sent to your email ID.

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LIC Premium Payment Through Debit/Credit Card

  • After logging into the LIC Payments website, click on the circle next to ‘IDBI Gateway’.
  • Identify your card type (Debit/Credit) and enter the amount of premium to be paid to you.
  • Information about applicable taxes and other charges will be displayed.
  • After entering and checking the details click on ‘Submit’.
  • You will be redirected to the page where you need to enter your card details, i.e. Debit/Credit Card Number, Card Expiry Date, CVV, Your Name as printed on the Card, Email ID, and Mobile Number.
  • Enter the captcha code displayed in the box.
  • Enter a One-Time Password (OTP) or ATM PIN to complete the payment.
  • Click on ‘Pay’. On successful payment, a payment receipt will be sent to your registered email id.

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