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  1. Experience secure and hassle-free LIC premium payment. Pay your life insurance premiums conveniently online with LIC India.

  2. The online LIC premium payment modes available are Credit Cards, Debit Cards, Net Banking, Google Pay, Amazon Pay, PayTM, PhonePe, and Mobikwik. The following sections discuss LIC premium payment through PhonePe in detail.

  3. Guaranteed Additions during premium payment term, paired with whole life insurance having a limited premium payment term of 5-16 years, provide enduring benefits. Buy Online LIC’s

    • Online Payment Facility by Lic
    • Lic Online Payment Channels
    • Lic Online Payment - For Registered/Non-Registered Users
    • Lic Premium Payment Through Debit/Credit Card
    • FAQs on How to Pay Lic Premium Payment Online

    As the world of banking and insurance has changed online, an increasing number of customers prefer the simplicity of making payments online. These payment mechanisms have gotten increasingly complex over time and via innovation. LIC provides many avenues for customers to make payments for their LIC insurance for their convenience. Payments for LIC ...

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    Retired LIC Employee Collection:

    LIC has made it possible to pay premiums online, not only to expedite the payment procedure but also to ensure security. Customers who have registered their policies on the LIC website as well as those who may not have have the opportunity to make LIC online payments. Even while the procedure will differ for each of these user types, it still offer...

    Besides net banking, you can also make a premium payment for your LIC policy using your debit card. The process of doing so is simple and easy to understand. Payments via debit card/credit card will be done via the IDBI Gateway. To start off on the process to make premium payment using your debit card, you can simply follow Step 1 to Step 13 listed...

    What are the multiple benefits of paying premiums online? As a policyholder for LIC, people have multiple benefits when it comes to paying premiums online. From issuing payment instructions, being...
    Which LIC Policy Premiums are Allowed Online Transactions? Insurance policies that can be accessed through Wide Area Network (WAN) or Metro Area Network (MAN) are allowed online transactions. Addit...
    Is this facility free of Cost? Yes, this facility is absolutely free of cost and hassle-free. Life Insurance Corporation has its tie-ups with certain banks wherein a monthly fee is paid by the form...
    Which establishments have been authorised for collection of LIC premiums online? The banks that have been authorised for this purpose are ICICI Bank, Bank of Punjab, Federal Bank, UTI Bank, HDFC Ba...
  4. May 20, 2022 · LIC premium payment can be done online using net banking, Credit cards, UPI apps like PayTM and PhonePe, and more. In addition to the convenience, the online methods also offer rewards such as cashback for making payments for the LIC policy. Here’s a quick look at the many methods you can use to pay LIC premium payment online: Also Read.

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    • lic online payment of premiums2
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  5. You can pay your premium using payment modes like Credit/Debit Cards, NetBanking, UPI, and mobile wallets. Accessibility: Unlike sticking to specific timings when you pay in person, the online payment facility is at your disposal 24x7.

  6. There are, broadly, two ways of paying LIC premiums – offline and online. Each of these ways is further sub-divided into different means to offer you flexibility in premium payments. So, let’s understand each mode of premium payment in details. What is an LIC Premium Payment?

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