Login to LIC: Making Online payments of your Premium policy in 2024 (August 7)

Login to LIC: Customers can pay their premiums for their plans in a variety of ways through LIC. Authorized banks, franchisees, approved LIC agents, the LIC website, and even Paytm accept online payments for LIC policies. LIC has lately expanded its product line to accommodate the ever-changing needs of people from various walks of life.

It provides various insurance options, including life insurance and unit-linked insurance plans (ULIPs). Individuals have the freedom to select insurance policies that best suit their requirements.

Login to LIC: You can now pay your LIC premium online in a secure and efficient manner. The installment cycle differs between enrolled and non-enrolled clients. Customers, on the other hand, will benefit from the same efficiency and security of payment at any time and from any location.

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credit: LIC

To pay their premiums, registered policyholders can Login to LIC and use the website’s e-seva option. People are increasingly choosing to make payments online for convenience as the banking and insurance industries have gone online.

Here’s how you can Login to LIC Online and make payments:

Login to LIC: Making Online payments of your Premium policy

In addition to net banking, you can use your debit card to pay the premium on your LIC insurance by Login to LIC. The method is clear and easy to understand. Debit and credit card payments will be processed through the IDBI Gateway.

Once you click on the circle next to “IDBI Gateway,” you will be redirected to a different page where you can view the Convenience Fee and Service Tax associated with each Card Type. In order to determine the service tax applicable to your payment, you need to identify the type of card you have and the amount of the premium you must pay. Afterward, click on “Submit.”

On the next page, you will be prompted to enter your card information to complete the transaction. This may include your debit/credit card number, expiration date, CVV2/CVC2 number, cardholder name, email ID, and mobile phone number. You will also need to enter the displayed captcha code. Alternatively, you might have the option to pay using a password, OTP, or ATM PIN. Once you have provided the necessary information, select “Pay.” Upon successful payment, you will receive a receipt via the email address you provided or the one associated with your LIC policy.

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