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05 Jul

LIC Digital Policy Premium Payment Channels 2023

Digital Premium Payment Channels 2023

What is the best way to pay LIC premium?

Customers Portal payment gateway (online/digital payments), the policy premium can be paid online on the LIC website, licindia.in through net banking facility, paytm, debit cards FREE of charges. Conditionals apply for credit card payment transactions.

1) Payment through UPI/BHIM: Policy Premium can be paid through UPI/BHIM free of charges made available on customers portal payment getaway.

 

Pay Your LIC Premium Online

2) LIC Mobile Application: Premium can be paid online using LIC mobile application “Mylic”

 

3) LIC Help (SMS): Anytime anywhere service: This initiative of LICHELP has gained popularity in recent times. The popularity in recent times. The Policyholders need to send SMS “LICHELP<policy no> to 92922492224. An acknowledgment SMS with a reference number is received by the policyholder and customer zone employee contacts the customer for resolution of complaint/query.

 

4) Premium collection through approved franchisees like MPonline, Suvidhaa Infoserve pvd ltd, APonline, CSC centers through CSC e-governance service India Ltd

 

5) Policy Premium collection through senior business associates (SBA)

 

6) Premium collection through empowered agents: At present, there are N number of authorized agents across the country

 

7) Premium collection through axis bank, corporation bank, and city union banks.

 

8) Premium collection through LICAs (LIC Associates): At present more than 52 LICAs are authorized across the country who can collect a premium for all policies.

 

9) Payment of premium can also be collected by NACH on NPCI platform through standing instructions to the bank

 

10) Premium Collection through retired employees: Selected retired LIC of India employees are also authorized to collect the premium online and issue receipt instantly.

 

LIC of India has introduced call center services on 022-68276827 which provide 24/7 service to policyholders in relation to their policies/Plans.

 

Useful Links

How to Claim my LIC Policy Maturity Amount?

How To Transfer My LIC Policy One Branch to Another Branch?

How to get LIC Duplicate Bond Paper?

Why Should you Buy a Life Insurance Policy?

How can I check my LIC Policy Status without registration?

How to create LIC Online account?

How to check my LIC maturity amount?

What is KYC?



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