LIC Premium Payment Online

How To Pay LIC Premium Online with Policybazaar?

Online LIC premium payment through Policybazaar allows the insured to select a hassle-free method of premium payment, at any time and from any place. Also, this is one of the options for paying LIC premium online without logging in on the LIC portal.

Step 1: Visit the Policybazaar online LIC Premium Payment webpage.

Step 2: Provide your Policy Number and Date of Birth to the renewal form.

Step 3: After that, catching the QR Code with your phone guides you to the in-app Policy premium payment page or typing your phone number sends you the payment link via SMS or WhatsApp. The scanner will bring you to the LIC Policy premium payment information page of the Policybazaar app.

Step 4: Check the premium payment details, select the payment method of your choice, and proceed with the LIC premium payment transaction.

Step 4: Review the premium payment information, select your preferred payment method, and complete the LIC premium payment process.

Step 5: You will receive the LIC premium payment receipt at your registered email address once you pay.

You can also choose the LIC online payment direct option for your Term Insurance policy by visiting Policybazaar’s in-app Policy premium payment page.

How To Pay LIC Premium Online Using ‘Pay Direct’ Through LIC Portal?

Step 1: Go to the official LIC website and click on ‘Pay premium online’ 

Step 2: Choose ‘Pay Direct’ 

Step 3: Choose ‘Renewal premium/Revival’ from the drop-down menu

Step 4: Enter your policy number, installment and premium amount, date of birth, Email ID, and mobile number. 

Step 5: Click on ‘Submit’ and choose a premium payment method (UPI, Debit card, Net banking) to complete the payment. 

Step 6: An e-receipt will be sent to your registered email, and you can download it immediately after payment. 

Let’s quickly understand how to pay LIC premium online with and without registration.

How to Make Premium Payment Online From LIC Official Website? 

Here are the steps: 

Online LIC Premium Payment Process for Registered Users

For LIC online payment login to the customer LIC portal is one of the most secure methods, as it can be done on the official website. There are no chances of errors or a lack of trust. Follow these easy steps if you are a registered user:

Step 1: Go to the official LIC website to begin your LIC premium payment.

Step 2: Click on “Login” at the top right.

Step 3: Enter your details (user ID/email/mobile, password, and date of birth) and sign in to continue your LIC online payment.

Step 4: Once logged in, open the “Self Policies” section to check your policies for LIC renewal premium payment.

Step 5: Pick the policy you want to pay for and review the amount and due date.

Step 6: Choose how you want to pay (UPI, card,etc.) and complete your LIC premium online without any hassle.

Note: If you are already registered, you can login with a User ID or an OTP by providing the required account details. If you are a new customer you can create a new LIC account.

Don’t forget to check your registered email to see the LIC online payment receipt. You can print and download the receipt for record-keeping.

Now, let’s discuss how to pay LIC premium online without login and registering as a new user on the LIC website.

How To Pay LIC Premium Online Without Login Through WhatsApp?

Earlier, if you wanted your LIC online premium paid, LIC e-services and website login were the preferred methods. Recently, LIC has introduced a convenient and user-friendly method for policyholders to pay LIC premium online without login via WhatsApp, availing the facility of LIC pay direct by policy number confirmation. However, before using this option, ensure your policies are registered at the LIC website with the same contact number in the LIC portal. Here are the steps to pay LIC premiums online without login via WhatsApp:

Step 1: Initiate Chat

Send a “Hi” on WhatsApp to the official LIC number: 8976862090.

Step 2: View Policy Details

The chatbot will reply with your policy details and any pending premiums (make sure your policy is linked for LIC online payment). 

Step 3: Choose a Payment Method

Select Your Payment Method You can pay your LIC premium online using options such as UPI, net banking, or a credit or debit card.

Step 4: Complete Payment

Follow the steps shown in the chat to complete your LIC renewal premium payment.

Step 5: Receive Confirmation

After a successful payment, a digital LIC premium payment receipt is instantly sent to your WhatsApp chat for recordkeeping.

Here are some advantages of paying LIC premiums online via WhatsApp

 It allows users to swiftly verify their premium dues and then pay them directly.

This is a smart and easy option for those who want to make quick LIC premium payments without having to regularly log in. This method makes the process more simple for paying LIC premiums. 

The service simplifies the process of paying your LIC renewal fee through WhatsApp, letting you make quick online payments at your convenience. 

Documents Required for LIC Premium Payment Online 

To make your LIC premium payment online, make sure you have the required paperwork, depending on your chosen method. 

LIC Customer Portal (Registered Users): To pay your LIC premiums online via the official portal, you are required to register and link your policies first.

• Your policy number.

• Your date of birth.

• The mobile number a

• email address 

• PAN card information.]

Make sure your policies are correctly linked with your account. 

LIC Pay Direct (Without Login): If you prefer LIC premium payment without logging in, LIC Pay Direct is a simple option for you. 

• Number of your Policy

• Date of birth (policyholder)

• Premium amount

This is one of the fastest ways to complete an LIC premium online.

WhatsApp Payment: You can also make a LIC online payment from WhatsApp (after registering your policy on the LIC portal). 

• Policy’s number

• Premium amount

• Basic ID proof (like PAN)

Payments are completed securely through the link shared in chat, making LIC renewal premium payment quick and easy. 

Payment via Policybazaar: For LIC premium payment through platforms like Policybazaar, you’ll need:

• Policy number

• D.O.B of the policyholder

• Mobile number and email ID

This option is useful for users seeking a simple, user-friendly way to manage LIC premiums online. Having these details ready in advance speeds up your LIC online payment process. 

What are the Benefits of Making Online LIC Premium Payment? 

The below are the key benefits of using the Ebiz LIC online payment facility and LIC online payment apps 

• Convenience: You can do your LIC premium payment at the convenience of your home, without visiting an office. LIC online payment also lets you pay with just your policy number or even without logging in.

• Payment Options: You can pay your LIC premium online using UPI, cards, net banking, or wallets, whichever you prefer. 

• Anytime Access: The LIC online payment service works 24/7, so you can complete your LIC renewal premium payment whenever you want to. 

• Safe Payments: Your LIC premium payment is secure whether you use the LIC login portal or pay directly without login.

• Instant Receipt: Once you finish your LIC premium online payment, you get a receipt and you can download it later if required. 

How To Pay LIC Premium Online Using Various Payment Modes?

A Guide to Different Payment Options Paying your LIC premium online is a simple process, and you have several methods to choose from.

• Net Banking: This option provides an easy way to make your LIC premium payments. Simply log into your internet banking, add LIC as a biller, and follow the prompts to complete your LIC online payment.

• Debit/Credit Cards: Visa or MasterCard both are accepted as payment methods. 

• UPI: It also allows LIC premium payments through UPI. Any UPI app linked to your bank account will work for a swift online transaction

• QR Code: You can pay your LIC premium online by scanning a QR code. Just enter your policy details and scan the code to finish the payment.

The payment modes discussed above are available if you are a registered user at LIC portal, choose eBiz LIC online payment method, want to pay LIC premium online without login using WhatsApp and through Policybazaar.

LIC Resources

Wrapping Up

To sum it up, online LIC Premium Payment facility makes paying for your insurance super easy.  The LIC portal on their website, the LIC Digital app, and their official WhatsApp payment gateway all offer the LIC Pay Direct feature, allowing for swift payments. Paying your LIC premiums online gives you quick access to your payment history, ensuring uninterrupted insurance coverage.

FAQs