All details of lic including lic plans, premium calculator, policy status online payment surrender value, lic login life insurance corporation of India download forms.
LIC payment online pay premium by login or without login
In general, there are several numbers of methods are they to pay your LIC online payment. Hence, part from that let discuss the LIC payment through credit card. LIC (Life Insurance Corporation) provides a facility of paying the premium or else the amount through online mode. It is also known as the online payment of the bill. Of course, you can also pay your bill through online to the LIC by just transferring money through your credit card. In addition, you can also pick your credit cards in bill desk portal as well as use it.
Moreover, they offer you the facility of paying the cash money via the credit card in their branch offices. Later verifying the respective amount in your bank transactions procedure is performed. Along with aid of the credit card, you can also pay your bill in online that will assist to save your time and money. The merits are that you can also pay your bill amount instantly. One of the other advantages is that there is no necessity of travel to the near branch office to pay the bill. You can just create the payment from just sitting at your home or else anywhere you like.
PayTM not listed LIC India payment on their insurance payment portal.
LIC Premium Payment via Credit Card
LIC is well equipped along with the online payment entrance in order to aid its consumers to create a payment with the simple click of the button. However, these online payment facilities obtainable only to the customer those who are registered already enrolled their policies for such payments purpose. The LIC premiums can also be paid through various methods such as by net banking using bank accounts as well as debit card and via credit card payment.
Procedure for online payments
At first, register the policy to make LIC premium payment online,
Now, choose the policy in case you have more than one for which you are going to create a payment
After that, log in to lic portal, a new page will be open along with many payment options (Debit card, Credit card, Net banking, wallets, UPI etc)
Choose the bank as per your options.
Enter the credit card Number, Expiry date, CVV After that an OTP will be sent to your mobile number confirm the same to complete lic online payment by credit card.
Note for debit card the same process applies but service charge bit low 0.70% charges instead 0.80% GST service tax. for net banking 2.5 INR plus service tax.
LIC Payment By Net Banking.
Now, log in to the bank website along with your net banking username & password
Then, specify the entire amount to pay for LIC premium.
Confirm the cash amount and verify the transactions
Just wait for few seconds for successful transactions to flash on the screen
The users will now get a digitally signed e-receipt which will be emailed to their individual account.
Confirm the digital signature on the e-receipt.
LIC Online Payment options
lic online payment through debit card
Visit lic India online payment portal if you want to pay without login or register then click on Pay click Pay Direct.
Enter Policy Details including LIC Policy number, premium date, and Premium amount.
LIC Payment by Netbanking
Just add LIC India Insurance Services as Biller enter policy details and click on authorize, choose the option with or without the bill.
How to download lic payment premium receipt?
After Premium payment you can print the receipt or save it
The premium payment within 30 days will be the grace period. if not paid within the grace period the Policy will lapse.
Insurance revival A lapsed policy can revive within a period of 2 consecutive years from the date of first unpaid premium and before the date of maturity
surrender Value The policy can surrender for cash provided at least three full years’ premiums have been paid
discontinuing insurance plans
Paid-up Value: If at least three full years’ premiums have been paid and any subsequent premiums be not duly paid, this policy shall not be wholly void, but shall continue as a paid-up policy
Cooling off period you can cancel Lic policy within 15 days Only Lic Insurance Plan Adviser Lic Plan Suggest Online
About Lic India Lic India formed by Government Of India. before Independence. Making lic payment on mobile easy rather than the abovbe method on the desktop. lic India mobile app helps to fix the lic premium payment options.
Most of LIC Agents remember you and collect the premium payment if you believe them.