How to pay LIC premium online

How to pay LIC premium online

If paying your LIC premiums by directly visiting the branch has become a problem for you, you can take the online route now. The Life Insurance Corporation of India (LIC) has made a few online options available to its policyholders to pay premiums.

You can do so by either visiting the LIC website or by downloading LIC India’s app.

Here’s how you can make premium payments online via these different modes:

You can do so by either visiting the LIC website or by downloading LIC India’s app.

Here’s how you can make premium payments online via these different modes:
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Pay Direct (Without login)
This is an option for those who do not want to register with the portal. Through this option, you can make three types of payments – a) Premium payment/revival, b) Loan repayment and c) Loan interest repayment.
Step 1: Select the ‘Premium Payment’ option for making a payment

3-PDStep 2: A pop-up will appear on your computer screen illustrating the premium payment process, click on ‘proceed’.

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Step 3: You will be required to enter details such as policy number, instalment premium (excluding taxes) and so on. While entering the details, ensure that you have mentioned it correctly and timely or else session will expire and you will have to start the process all over again.

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Step 4: Enter the captcha code, and select ‘I Agree’, and click on submit.

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Step 5: Validate the details mentioned by you in the above step and click on ‘Submit’. If you have more than one LIC policy for which you want to make payments, then you can enter the policy number and premium amount (excluding taxes) to the list by scrolling down. Click on proceed once done.

5-PD
Step 6: The next step will show you the number of policies for which premium is being paid and total premium amount to be paid. Click on ‘Check & Pay’ to make the payments.

5.2-PDStep 7: You will have three options to make payment: a) via Internet banking, e-wallets, credit cards, debit cards, American Express Cards, b) Standard Chartered Bank UPI, and c) Axis Pay UPI.

6-PDStep 8: Choose the option with which you wish to make the payment.

Through Customer Portal
If you have already registered yourself with the portal, then you can login to your account to make the payment or else you need to register yourself first.

To register yourself, click on ‘Sign up’. You will be required to enter mandatory details such as policy number, premium amount (excluding taxes), date of birth, mobile number and your email add ..
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Once you have registered yourself on the LIC website, log-in to your account to make the payment. Readmore…..

 

Source  by:-economictimes

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