The policyholder of Life Insurance Corporation of India (LIC), the country’s biggest life coverage organization, can now pay premium through UPI. Prior, online premium installment must be finished utilizing online banking and credit/Mastercards. Presently LIC has expanded its facilities and has given the choice of paying premium through UPI platform like Google Pay, Paytm.
Here is the step by step guide on the most proficient method to pay LIC premium with UPI:
Google Pay App:
Step 1: Open the Google Pay application on your cell phone
Step 2: Go to the bill payment choice and tap on it
Step 3: Choose the insurance option in Finance and Taxes
Step 4: Select LIC and tap on it.
Step 5: After this, the choice to link the policy will show up.
Step 6: Enter the policy number and your email id in it – click on the linked account and survey your all relevant info
Step 7: Once the policy is effectively connected, you can pay the premium.
Step 8: UPI PIN must be placed for payment and your premium will be credited in no time
Paytm App:
Step 1: Open the Paytm application on your mobile
Step 2: Go to the ‘Recharge and Bill Payments’ choice and tap on view more
Step 3: Now, look down and go to the ‘Financial Services’ part.
Step 4: Select LIC/Insurance choice and tap on it.
Step 5: Choose LIC.
Step 6: After this, the choice ‘Pay Insurance Premium’ will show up.
Step 7: Enter subtleties and tap on continue.
Step 8: You can pay the top notch once the policy is effectively connected
Step 9: UPI PIN must be placed for payment and your premium will be credited in no time
