Online Payment

Online Payment Gateway is LIC’s initiative to provide you with on demand service within a few clicks! You can now have many of the functionalities that were available only at a branch office, online at your fingertips.

Here’s a simple step-by-step guide on how you can go about using this facility:

  • Once you have enrolled your policy(s), you can click on the link ‘Pay Premium Online’ to see a list of policies whose premium is due.
  • You have a choice to select the policies for which you want to pay premium.
  • You will be directed to a page where you can choose from multiple banks for payment and will be directed to the login page of the selected bank. It is essential that you have a net banking account with at least one of these banks.
  • At the bank site you will need to login with your net banking username/password. On successful login, the total amount to be paid by you towards LIC will be displayed.
Benefits:
  • There is no further registration involved at the service provider end.
  • There is no time lag from the date of payment to obtaining receipts.
  • It is also a secure arrangement, as the policy data is not shared between LIC and Banks over net as only the amount to be paid is encrypted and transported. The login id at both the sites (LIC and Bank) is known only to you.
  • And above all there is no charge for you to avail this service.