You can pay your LIC premium online through several convenient methods. Here are the main ways to do it:
1. LIC Official Website and Mobile App
- Visit the official LIC website (licindia.in) and click on "Pay Premium Online" under the "Online Services" tab.
- You can pay as a registered user by logging in with your user ID, mobile number, email, and password, or as a non-registered user by using the "Pay Direct" option.
- Enter your policy details, premium amount, and other required information.
- Choose your payment mode (net banking, debit/credit card, UPI, etc.) and complete the transaction.
- Download or save the receipt for your records.
- Alternatively, use the LIC Digital mobile app available on Google Play Store and Apple App Store for premium payments
2. Payment via Digital Wallets and Payment Apps
- Use apps like PhonePe or Paytm to pay your LIC premium.
- In PhonePe, select the LIC icon, enter your policy number and premium amount, and confirm payment.
- Paytm also allows payment through its app or website by entering your policy details and completing the payment online
3. Through Bank Portals and Apps
- Many banks like ICICI Bank offer online LIC premium payment through their internet banking or mobile apps.
- Steps generally include selecting "Pay Bills," choosing "Life Insurance Corporation of India," entering your policy number and DOB, and paying via your preferred mode.
- You receive instant confirmation and can download the payment receipt
Summary of Steps for LIC Website Payment:
- Go to licindia.in and select "Pay Premium Online."
- Choose "Registered User" or "Pay Direct" (for non-registered users).
- Enter policy details and premium amount.
- Select payment method and complete payment.
- Download or save the receipt for future reference
These options provide flexibility to pay your LIC premium easily from anywhere, anytime, ensuring your policy stays active without visiting a branch.