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How to Pay LIC Premium online in Easy way

How To Pay LIC Premium Online?

Now, if you’ve clicked this link, we are strongly presuming that you would like to know as to how can we pay LIC premium online. But firstly, is that even possible. Well, no worries at all. It is certainly possible to pay LIC premium online. The procedure is super simple, and anyone possessing a browser and an Internet connection can do it in no time whatsoever.

But before diving into the steps, let us educate you as to what a premium is and why are you required to pay it. Say you went to LIC for particular insurance to be done. Once you’ve got all the papers made you have to pay some amount to LIC for covering the risks periodically. Depending upon the insurance, a premium is required to be paid monthly, quarterly, annually, or in a single premium as well. 

Now that you know what a premium is, let’s take a look at the steps that will help you to pay your LIC premium online:
LIC offers two ways for its customers to pay the premium online. One is through the website while the other can be done via LIC’s app.

Pay LIC premium via website

  • Open any browser in your phone or laptop such as Chrome or Safari.
  • Now click on this link which will redirect you to the official website of LIC India: https://www.licindia.in
  • Now find the option of pay Premium online. You will be able to find this option from the online services portal. It can be seen in the picture below:
  • Again you will get two options here. You would either be required to Pay Directly, ie. Without logging in or you would have to log in to the customer portal.
pay premium lic
  • The former option is for those who aren't registered on this website.
  • Once you click on it, you will get three options out of which you will have to click on premium payment/revival.
payment premium lic
  • After doing the same, you will notice a pop up that will pictorially narrate the whole process of payment. Look for the button proceed and click on it.
  • Now you will be redirected to a page where you will have to enter the details regarding your insurance. These will include policy number, instalment period, etc. The session at this window is timed, and you must make sure you do it very carefully. If you don't know the policy number, find LIC policy number by name here.
premium payment online
  • Click I agree, enter the captcha and press submit.
  • Once that is done, you will be able to see a screen where your details should be checked properly. Tap on submit, and you will see another screen showcasing the policies for which premium is to be paid.
  • Now you will be shown the three options to make the payment with. This will include e-wallets, credit cards, debit cards, American Express cards, SCB UPI and Axis Pay UPI. Choose accordingly and click pay.
  • Voila! You've made your premium payment online.
  • For doing this process through the customer portal, you're required to make an account which can be done by clicking the customer portal option in step 4.
  • Voila! You've made your premium payment online.
create account
  • For doing this process through the customer portal, you're required to make an account which can be done by clicking the customer portal option in step 4.

Pay LIC premium via app

LIC India also has a mobile application that can be downloaded from GooglePlay and App Store. The steps to pay through this application are entirely the same and can be done with or without making an account.

We hope this article was of great help!

1 thought on “How To Pay LIC Premium Online?”

  1. Pingback: How to Find LIC Policy number by Name – Insurance talk

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