LIC Online Premium Payment

You only need to complete a few quick steps to complete the LIC payment process when using Paytm to do it online: 

1. Select LIC of India as the insurance 

1. Enter the policy number 

1. Your insurance information will appear, including your policy number, policyholder's name, premium due date, number of installments due, and premium amount. Verify the information twice 

1. Select your preferred insurance offers and promo code to receive unique cashback and discounts, then complete the payment 

1. Select your preferred payment option, such as Paytm Wallet, Net Banking, or Debit/Credit Card. You do not need to worry about your money because our payment methods are safe and secure. 

Benefits of LIC Online Premium Payment Facility

1. Convenience: This facility's main benefit is convenience. Policyholders can save time and effort by paying their LIC premiums online from the convenience of their homes rather than in person at LIC branches or payment counters 

1. Numerous Payment Methods: LIC offers a number of online payment methods, such as mobile wallets, net banking, UPI (Unified Payments Interface), and credit/debit card payments. Policyholders can make LIC premium online pay direct easy and convenient by selecting the payment option that works best for them 

1. Easy Accessibility: Policyholders can pay their premiums online at any time, including on weekends and holidays, due to the LIC premium payment online service, which is open 24/7 

1. Secure Transactions: LIC of India takes security seriously and offers a secure environment for online premium payments, so you do not need to worry if you want to pay your LIC premium without logging in 

1. Instant Receipt: After paying their premiums, policyholders get an instant recognition or LIC premium payment receipt. Users benefit from quicker processing and more effective transaction tracking when they use LIC immediate payment.  

LIC Online Payment Channels

The list of LIC online payment channels is given below:

1. LIC Website:
   1. Net banking
   2. Debit Card
   3. Credit Card
   4. UPI
      
2. Merchant
   1. Premium Point
   2. Life-Plus (SBA)
   3. Retired LIC Employee Collection Points
   4. LIC Associates
   5. Chief Organisers

LIC Online Premium Payment Modes

Here are the steps to make online premium payment through various payment modes:

1.  Net Banking: To make LIC premium payments online, policyholders can use their internet banking accounts. To avail this secure online payment mode, you need log into internet banking portal, add LIC as biller or payee and make payment as per the instruction.

1. Debit or Credit Cards: LIC premium payment can also be done through debit or credit cards issues by major banks by entering card number, CVV code, and expiration date.

1. UPI (Unified Payments Interface): To make fast and convenient digital payment, policyholders can make payment using UPI applications or use bank's UPI app to initiate the payment.

1. QR Code: You can also make LIC online premium payment by entering policy details and scanning QR code displayed for online payment.

Authorized Banks for LIC 

You will be able to pay your premiums through the following authorized banks for LIC: 

1. Andhra Bank 

1. Axis Bank 

1. Allahabad Bank 

1. Bank of Bahrain and Kuwait 

1. Bank of India 

1. Bank of Baroda 

1. Bank of Maharashtra 

1. Bank of Baroda - Retail 

1. Catholic Syrian Bank 

1. Canara Bank 

1. Citi Bank Debit Cards 

1. Central Bank of India 

1. Corporation Bank 

1. City Union Bank 

1. DCB Bank 

1. Deutsche Bank 

1. HDFC Bank 

1. Federal Bank 

1. Dhanlaxmi Bank 

1. IDBI Bank 

1. ICICI Bank 

1. Indian Overseas Bank 

1. Indian Bank 

1. ING Vyasa Bank 

1. IndusInd Bank 

1. Karnataka Bank 

1. Jammu and Kashmir Bank 

1. Kotak Mahindra Bank 

1. Karur Vyasa Bank 

1. Lakshmi Vilas Bank - Retail 

1. Lakshmi Vilas Bank - Corporate 

1. Punjab National Bank - Corporate 

1. Punjab National Bank - Retail 

1. Oriental Bank of Commerce 

1. Punjab and Sind Bank 

1. Royal Bank of Scotland 

1. Ratnakar Bank 

1. South Indian Bank Ltd. 

1. Shamrao Vitthal Co-op Bank Ltd. 

1. State Bank of Hyderabad 

1. State Bank of Bikaner and Jaipur 

1. State Bank of India 

1. State Bank of Mysore 

1. State Bank of Patiala 

1. State Bank of Travancore 

1. Tamilnad Mercantile Bank 

1. Syndicate Bank 

1. Union Bank of India 

1. UCO Bank 

1. UBI Debit Card 

1. Vijaya Bank 

1. Yes Bank 

1. United Bank of India 

LIC Online Premium Payment Process for Registered Users 

Here are the steps to make online premium payment of LIC for registered users: 

1. Visit the official website of LIC 

1. Go to the Login to Customer Portal area on the homepage's left side 

1. Use the User ID or Get an OTP options to access your LIC customer account. Click the Login button 

1. To view the whole policy details, select the Self Policies option. The premium due date will show on the screen if your premium is due 

1. To obtain further details, click on the policy number. You can view every aspect of the policy here 

1. Click check & pay after selecting the LIC premium check policy. You will be taken to the payment gateway to finish the transaction after clicking 

1. To finish the LIC premium transaction, click the appropriate LIC premium payment option and continue 

1. A list of banks will appear on the screen after choosing the LIC online payment option. After choosing your bank of choice, click submit. Keep in mind that in order to finish the LIC premium transaction, you must pay the convenience fee and service charges 

1. After entering all the necessary information, click the Make Payment button. The LIC premium payment receipt will be sent to the registered email address following a successful payment. 

LIC Online Payment Process for Unregistered Users 

Online LIC premium payments do not require customer registration. By taking the actions listed below, people can also pay their LIC premium online without logging in: 

1. Visit the LIC of India's official website 

1. On the homepage, select the Pay Premium Online option 

1. On the other screen, you can view the various Quick Pay alternatives. To continue paying the LIC premium for unregistered users, use the Renewal Premium/Revival option 

1. On a separate screen, click the Proceed button 

1. Provide the necessary information to finish the three-step procedure of customer validation, premium particulars, and payment. The "Submit" button should be clicked 

1. You can use an appropriate LIC online payment method or channel to pay the LIC premium. A digitally signed e-receipt, which you can download and use as proof in the future, is emailed to your registered email address following a successful payment. 

LIC Premium Payment Through Debit/Credit Card 

The steps to make online LIC premium payment through debit or credit card are given below: 

1. Go to the official LIC website, and sign in using the LIC payment portal 

1. Choose the IDBI as your preferred method of payment 

1. Click the submit button after selecting the debit or credit card type and entering the premium amount. The convenience charge and any applicable service tax are displayed here 

1. You must input your debit or credit card information on the following screen, which includes the card number, expiration date, CVV, name on the card, registered email address, and mobile number. Check the captcha 

1. You have two choices for paying your LIC premium: using an ATM PIN or an OTP 

1. Click Pay after you have confirmed all the information. The payment receipt will be sent to the email and registered mobile number you provided.