Making payments for LIC premiums online simplifies life. The LIC premium can be paid via UPI apps or LIC portals. The official website, net banking, credit cards, UPI apps like Paytm, PhonePe, and Google Pay, as well as other online payment gateways, are all options for making LIC premium payments.
Here is a brief overview of the various online payment options for LIC premiums:
How to use UPI apps to pay your LIC premium online
- Go to the Google Pay app.
- Tap on “Pay bills.”
- Now you can search for LIC in the search box or scroll down and select “View all.”
- From there, tap on “Insurance.”
- Now enter your policy number and email address and link your account.
- Your LIC policy will be linked, and you can tap the refresh button to see if there are any payments that need to be made.
- Tap “Proceed to Pay” if you need to make a payment.
- Choose a bank, enter your UPI ID, and make the payment.
- In an effort to provide users with online functionality, LIC launched the Online Payment Gateway.
- The payment gateway (PG), which enables real-time payment of renewal premium obligations through the portal, is an essential component of the effort.
Customers who have signed up for their policies and registered can use this feature.
Step 1: Make payment on the official website Check out the official site.
Step 2: A list of policies whose premiums are due can be viewed by clicking the link labeled “Pay Premium Online.”
Step 3: Choose the policy for which you want to pay a premium.
Step 4: You will be taken to a page where they can select a bank for payment from a list and the login page for that bank.
Step 5: Utilize your net banking username and password to log in.
Step 6: Make the payment in full.
Step 7: Additionally, an email and a digitally signed electronic receipt will be generated.