LIC Online Premium Payment
The policy holders of LIC of India can pay premium online through Net Banking. First you need to enroll your policy online on LIC customer portal.
Once it is successfully enrolled you can see the "Pay Premium Online" option in the portal admin. You need to click that TAB and follow the steps. You will get the digital receipt by email as soon as the the payment is done.
You can call customer zone executive if you need any assistance.
You can pay premium for all insurance plans of LIC except Monthly ECS mode opted.
Probably one of the major problem policyholders faced with LIC in renewing insurance. As there are huge number of customers. Sometimes the policyholder’s don’t have time to go to LIC branch and wait in que to make premium payment. Now net banking payments are accepted from LIC customer portal.
You can pay premium online by netbanking of the following banks.
Allahabad Bank, Andhra Bank, Axis Bank, Bank of Bahrain and Kuwait, Bank of Baroda [Corporate], Bank of Baroda [Retail], Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, City Union Bank, Citibank Debit Card, Corporation Bank, Deutsche Bank, DCB Bank, Dhanlaxmi Bank, Federal Bank, HDFC Bank, ICICI Bank, IDBI Bank, Indian Bank, Indian Overseas Bank, IndusInd Bank, ING Vysya Bank, Jammu and Kashmir Bank, Karnataka Bank, Karur Vysya Bank, Kotak Bank, Lakshmi Vilas Bank , Corporate], Lakshmi Vilas Bank [Retail], Oriental Bank of Commerce, Punjab National Bank [Corporate], Punjab and Sind Bank, Punjab National Bank [Retail], Shamrao Vithal Co-op. Bank Ltd., South Indian Bank ,State Bank of Bikaner & Jaipur, State Bank of Hyderabad, State Bank of India, State Bank of Mysore, State Bank of Patiala, State Bank of Travancore, Syndicate Bank, Tamilnad Mercantile Bank, UCO Bank, Union Bank of India, UBI Debit Card, United Bank of India ,Vijaya Bank and YES Bank.
You also have an option to pay online by VISA Debit card of the following banks.
Andhra Bank, Axis Bank, Bank of Baroda, Bank of India, Bank Of Maharashtra, Barclays Bank Plc, Canara Bank, City Union Bank, Corporation Bank, DCB Bank, Dena Bank, Deutsche Bank AG, Dhanlaxmi Bank, Federal Bank, GE Money Financial Services, HDFC Bank, ICICI Bank, IDBI Bank Ltd, Indian Overseas Bank, Indusind Bank, Karnataka Bank Ltd, Karur Vysya Bank, Kotak Virtual Visa Cards, Lakshmi Vilas Bank Ltd, New India Co-op. Bank Ltd, Oriental Bank of Commerce, Standard Chartered Bank, SBI Debit Card, Syndicate Bank, UCO Bank, UBI Debit Card and Vijaya Bank.
A convenience fee of Rs 12 + Service Tax would be charged for this transaction.
l.i.c. policy status
