How to Pay Premium of LIC of India Online with Registration

India’s most reliable and desired life insurance companies, LIC is country’s only public sector life insurance company. With thousands of branches and millions of affiliates and agents, LIC has been providing exceptional services and a broad category of life insurance products to ensure comprehensive protection and complete financial security for its life insurance seekers across the country. 23 crore happy customers are a testament of how popular LIC is amongst Indian insurance seekers.

But for many years, many policy holders have been complaining about the complex procedure involving the payment of premiums and other services. Wondering why is that? Because a large fraction of LIC policy holders have long been making queues outside LIC offices in order to make their premium payments or check the status of their policies. However, it is to be noted that LIC has now started offering easy options for policy holders to help them make the premium payment online and do a lot of other policy related activity online, within a few minutes and a with just a few clicks of their mouse.

LIC online payment facility is a fairly easy process and doesn’t really need one to be technically adept to make their premium payments online. This online payment facility is available to all LIC policy holders, irrespective of the plan they have invested in and other policy obligations. It is a very easy process and anyone can use this Online LIC Payment services to make the premium payment within a matter of a few minutes.

We are sure you are looking to know you can make LIC online payment for your premiums. Aren’t you? Don’t worry, in this article, we present to you easy step-by-step guide to make LIC online payments for your LIC insurance policies?

So, let’s dive right in! Shall we?

Steps to Make LIC Online Payments with Registration

Remember, when trying to make LIC online payments, you will need to register to the official website of LIC. Only then, you will be able to make the LIC online payment successfully. The first thing that you need to do in order to make LIC online payments is to visit LIC’s official website. Then, complete the LIC online registration process to register as a new user. And then use LIC Pay Direct to make easily make LIC online payments using your credit/debit card. 

Check out this step-by-step guide to understand the process better.

First Step: Visit LIC’s website and click on ‘Online Services’. Thereafter, click on ‘Pay Premium Online’.

Second Step: Now you will see two options– ‘Pay Premium through e-Services’ and ‘Pay Direct’. You will need to click on ‘Pay Premium through e-Services.’

Third Step: Now click on ‘New User’ and complete the LIC online registration process.

Fourth Step: Now fill the vital policy details including Policy Number, Premium Amount, Date of Birth, etc. and complete the LIC online registration process. After submitting all the correct policy details, click on ‘Proceed’ button.

 Fifth Step: Fill in a new ‘Username’ . Make sure that you make a note of the username for future reference. Then select a ‘Password’. Make sure that your password is strong and is not too vulnerable to cyber threats. Now you have completed the LIC online registration process.

Sixth Step: Once again, go back to the ‘Home’ Page. Login to the website once again with your designated username and password! Now, click on ‘Submit’.

Seventh Step: After successful login, retrieve your policy details by enrolling your policy by visiting ‘Enrol Policies’ tab. Now, ‘View Enrolled Policies’.

Eighth Step: Now just verify the ‘Captcha’ code and check out the enrolled policies. Now go to ‘LIC Pay Premium Online’. Select the policy for which premium payment is to be made from list of all your policies. Choose the policy and click ‘Submit’.

Ninth Step: Simply click on ‘Pay Premium’, Click ‘Submit’ and choose your payment method (debit/credit card or net banking). Make LIC online payment.

Tenth Step: Okay payment is made; now don’t forget to check your email to get the recipient of the LIC online payment. Download and print the receipt and keep it safe for future reference.

Conclusion