LIC is India’s largest insurance company in terms of customers and premium income. LIC is stands for Life Insurance Corporation of India which is owned by Government of India. There are lots of insurance products which are being offered by the Company for various purposes. There are various products like Jeevan Anand, Endowment Plan, Pension Plan and others. They have covered most of persons of every age like student, working professional, government employee and others.
LIC is backed with high and modern technology. They have implemented modern technology in most of their branches and offices. LIC India also provides facility of paying LIC Insurance Premium Online through Debit Cards (ATM Card) as well as Net Banking. They support most of debit cards/net banking like State Bank of India (SBI), HDFC Bank, ICICI Bank, Bank of Baroda (BOB), Andhra Bank, Bank of India (BOI), Indian Bank (IB), Rajasthan Bank, Standard Chartered Bank and others.
How to Pay LIC Premium Online through Net Banking & Debit Cards
Step 1: Register Online in LIC India website as Customer for Online Payment
Before paying online payment in LIC India Official website, just register with important details like policy holder name, policy number, amount of premium and others. So, first register with the Official website of LIC India then go for another step.
Step 2: Add LIC Insurance Policies in your account to pay due amount
After successfully registered with the Official website, it’s time to add your list of insurance policies in the account. You have to login with your username and password to add new policies in the account. It will redirect you to the dashboard after successful logged in. In that Dashboard, there is an option of Enroll Policies where you can add new policies in your LIC account. Just click on that option, it will ask you various details like premium amount, policy number, name of the policy holder and others; so fill this information. After successfully completion of adding your policy, it will be reflected in enrolled policies. You can add any number of policies in your account but only pays premium of your policy. If you want to make payment of other policies then create new account in LIC India website for them separately.
Step 3: How to Pay Insurance Premium of LIC India
Now, you have reached in last step which is pay your LIC India Insurance Premium Online easily. There is an option of Pay Premium Online tab from the right side tabs menu. Now, click on that page and you will be redirected to the payment page of policy premium. It will display list of policies which have due to be paid. You have to just select policy to make online payment. At this time, Credit Card is not accepted by LIC India.
I hope that above article on How to Pay LIC Premium Online through Net Banking & Debit Card will be useful to all policy holders in India. Please share this important tips and guide on the popular social networking websites.