Now you can pay LIC policy premium online using your
credit/debit cards or even using your online netbanking
account. Registering is simple. Why pay cash or cheque for your
premium? Beyond this you earn free reward points if you pay by
credit card.
If you don't have credit card or netbanking facility you
can use your friend's or relative's accounts to pay
your premium online.
The best way is to set a reminder in Yahoo or Gmail for
premium payment reminder every year and you pay online in 5
minutes!
Warning: Never pay premium by cash. Once my
father paid cash but when he went next year to pay premium
again, he was told that even last year premium wasn't paid
and he did not keep the premium receipt too.
- Pay in 5 minutes
- Pay from anywhere in the world
- Keep the proof of payment forever, in your mailbox
- Pay easily, even on credit!
- Pay using your friend's credit card( you borrow from
him!)
just below it find the registration( that says "New User? Click here")
link:
Have these details ready before you register:
Now you have a valid registration with you as explained
above and now you're ready to make a payment online. Here
are the steps.
Immediately after you login your policy is shown(with your
last payment information) to you with "Pay Premium
Online" on the right side:
If you're making payment again, you see below last
transaction information:
On clicking the above mentioned link("Pay Premium
Online") you get this box. Choose the right option and
press Submit:
Now you're shown policies due for payment. If you've
already paid them then you will shown an error message in
red.
Check the checkbox to confirm the policy you're making a
payment for and press Submit button:
Now you're shown premium confirmation page. Choose your
payment method( credit/debit cards etc). Click "Yes"
to continue:
Note this warning message:
Select your bank/debit/credit card details:
Now you're shown payment confirmation message which is
presented to you if successful. Check your email also for
confirmation from LIC with the message "Premium Payment
Receipt from LIC of India....".