Online Payment Methods for LIC Premiums

LIC has introduced an efficient Online Payment Gateway, allowing customers to manage their premium payments seamlessly. Here are the primary online payment methods available for registered policyholders:

• Net Banking

• Unified Payments Interface (UPI)

• Debit Card

• Credit Card

What is PhonePe?

PhonePe is a leading digital payments platform that facilitates secure and quick transactions using UPI. With PhonePe, you can easily pay your LIC premiums by logging into the app and entering your policy details. The app lets you pay directly using a merchant's phone number or scanning a QR code. Additionally, PhonePe provides instant confirmation messages and digital receipts for your records.

Steps to Pay LIC Premium via PhonePe

Follow these simple steps to make your LIC premium payment using PhonePe:

Step 1: Download the PhonePe App: Install the PhonePe app from the Google Play Store or Apple App Store.

Step 2: Register on the App: Create an account and link your bank details for easy transactions.

Step 3: Select the LIC Icon: Open the app and navigate to the LIC icon.

Step 4: Enter Payment Details: Input the necessary payment information, including your policy number and premium amount.

Step 5: Confirm Payment: Review the details and confirm the transaction.

Step 6: View and Download Receipt: After payment, click "View Receipt" to access your e-receipt. You can download it for future reference and tax benefits.

Online Premium Payment for All Users

Whether you are a registered user or not, LIC allows you to pay premiums online. Here’s how both registered and non-registered users can make payments:

1. For Registered Users:

   • Visit the official LIC website and navigate to the premium payment page.

   • Select "Pay Premium through e-Services" and log in with your credentials.

   • Choose your policy and click on "Online Payment of Premium."

   • Complete the payment using your preferred online method.

   • Download the e-receipt after completing the transaction.

2. For Non-Registered Users:

   • Go to the LIC website and open the premium payment page.

   • Select the "Pay Direct" option.

   • Enter your policy number and date of birth for customer validation.

   • Fill in the premium details and proceed to the payment page.

   • Choose your payment method and complete the transaction.

   • Download the e-receipt for your records.

Wrapping It Up:

LIC is dedicated to providing excellent service to its customers by offering convenient online payment options. Whether you choose to pay as a registered or guest user, you can easily pay your premiums via debit/credit card, UPI, or net banking. PhonePe is an efficient tool that allows you to complete your payments hassle-free. Should you encounter any issues, don’t hesitate to contact LIC’s customer service for assistance.

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