How to Pay LIC Premium Online: A Step-by-Step Guide

How to Pay LIC Premium Online: Step-by-Step Guide and Using the LIC App

Life Insurance Corporation of India (LIC) is one of the most trusted and leading insurance companies in India. Established in 1956, LIC offers a wide range of insurance products to cater to the diverse needs of individuals and families. With the advent of digital technology, paying LIC premiums has become more convenient and hassle-free. This guide will walk you through the process of paying your LIC premium online and via the LIC App, and highlight the advantages of using digital payment channels for online LIC premium payment.

Introduction to LIC

LIC is renowned for its reliable and customer-centric insurance services. The company offers various insurance plans, including term insurance, endowment plans, money-back policies, pension plans, and health insurance. These plans are designed to provide financial security and peace of mind to policyholders and their families.

How to Pay LIC Premium Online: Step-by-Step Guide

Paying your LIC premium online is a straightforward process. Follow these steps to complete your payment:

Step 1: Visit the LIC Website

Go to the official LIC website at https://www.licindia.in. Ensure you have a stable internet connection for a seamless experience.

Step 2: Navigate to the Online Payment Section

On the homepage, look for the "Online Services" tab. Hover over it, and from the dropdown menu, select "Pay Premium Online."

Step 3: Choose the Payment Option

You will be redirected to a new page with two options: "Pay Direct (Without Login)" and "Through Customer Portal." If you are a registered user, you can log in to the Customer Portal. Otherwise, select "Pay Direct (Without Login)."

Step 4: Enter Policy Details

In the "Pay Direct" option, you will need to enter your policy number, installment premium amount, date of birth, and email ID. After filling in these details, click on "Submit."

Step 5: Verify Policy Details

On the next page, verify your policy details displayed on the screen. Ensure that all information is correct.

Step 6: Choose Payment Mode

Select the payment mode from the available options such as net banking, debit card, credit card, or UPI. Choose the one that is most convenient for you.

Step 7: Complete the Payment

Follow the instructions to complete the payment process. Once the payment is successful, you will receive a confirmation message on your registered email ID.

How to Pay LIC Premium via the LIC App

The LIC App provides a convenient way to manage your policies and pay premiums. Here's how you can pay your LIC premium via the LIC App:

Step 1: Download the LIC App

Download the LIC App from the Google Play Store or Apple App Store. Install the app on your smartphone.

Step 2: Register or Log In

Open the app and register using your policy details and mobile number. If you are already registered, log in using your credentials.

Step 3: Navigate to the Premium Payment Section

Once logged in, navigate to the "Premium Payment" section on the app.

Step 4: Select Policy and Enter Details

Select the policy for which you want to make the payment. Enter the required details such as the installment premium amount.

Step 5: Choose Payment Mode

Select your preferred payment mode from options like net banking, debit card, credit card, or UPI.

Step 6: Complete the Payment

Follow the instructions to complete the payment process. You will receive a confirmation message upon successful payment.

Advantages of Using Digital Payment Channels for Online LIC Premium Payment

Using digital payment channels for paying your LIC premium online offers several advantages:

1. Convenience: Pay premiums from the comfort of your home or office, anytime and anywhere.

2. Time-Saving: Avoid long queues and save time by making payments online within minutes.

3. Secure Transactions: Digital payment channels are equipped with advanced security measures to ensure safe transactions.

4. Instant Confirmation: Receive immediate confirmation of your payment via email and SMS.

5. Track Payment History: Easily track your payment history and manage your policies through the LIC portal or app.

6. Environment-Friendly: Reduce paper usage by opting for digital receipts and confirmations.

LIC Contact Information

For any queries or assistance, you can contact LIC through the following channels:

Customer Care: 022 6827 6827

Email: customerzone@licindia.com

Website: https://www.licindia.in

Paying your LIC premium online and via the LIC App is a convenient and efficient way to manage your insurance payments. By following the steps outlined above, you can ensure that your premiums are paid on time, giving you peace of mind and continuous coverage. Embrace the digital age and take advantage of the benefits offered by online payment channels to simplify your insurance management.