In order to avail the online payment facility, policyholders must have an active credit/debit card to pay their premiums. how to pay lic premium online through Indian bank debit card. Basic Safety measures to fight against Coronavirus Disease(COVID-19), Intimation to policyholders regarding changes in tax structure due to implementation of Goods and ServicesTax (GST) - Click Here, Beware of Spurious Phone Call and Fictitious/Fraudulent Offers, " FRAUDULENT RECRUITMENT ADs: BEWARE...! Enquiry of Outstanding Claims for the Current Year, Policy for protection of interests of policyholders. Enter Policy Details and Pay using NetBanking or Debit/Credit Cards. The next page will display the options that the policyholder wants to choose from for making the premium payment. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products. Visit LIC’s official website (www.licindia.in) Under ‘Online Services’, click on ‘Pay Premium Online’ option Bill Payment ii. Breaking News : LIC premiums can now be paid at the nearest CSC centres throughout the country. Privacy Policy. Canara HSBC Oriental Bank of Commerce Life Insurance, Post Office Savings Monthly Income Scheme, Life Insurance for Senior Citizens in India. Bharat Bill Payment System (Through IDBI Bank Internet Banking, IDBI Bank Debit Card & Credit Card) FAQ on BBPS Process Flow i. However, keep your policy details handy before you proceed towards paying your premium. LIC Merchant Agent portal login, Policy details plans schemes, status, LIC online premium payment through debit/credit card, customer care toll free number, LIC of India online, Pay LIC payment online. Debit Card A debit card is a plastic payment card that can be used instead of cash when making purchases. Now you can pay your LIC premiums online through the debit card option. LIC Online Payment Through Debit/Credit Card: Besides net banking, you can also make premium payment for your LIC policy using your debit card. As opposed to the traditional method of paying premiums offline, LIC has established an online portal through which individuals can pay their premiums either through a debit card or a credit card. LIC Credit Card and its affiliates, subsidiaries, employees, officers, directors and agents, expressly disclaim any liability for any deficiency in the services offered by BillDesk whose site you are about to access. It is crucial to enter the accurate premium amount while enrolling. LIC Online Premium Payment via Credit/Debit Cards The policyholder can also use his/her credit/debit card to make the online payment for LIC premiums apart from net banking. The process for … » 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. Step 5: Verify the details and Click ‘Pay Now‘.Now you can select the Payment Method. Step-by-Step Guide on How to Make Premium Payment Using the Online Portal. Premiums for ULIPs can be paid through the online portal. As opposed to the traditional method of paying premiums offline, LIC has established an online portal through which individuals can pay their premiums either through a debit card or a credit card. For installation of root certificate, you need to download the RCAI-Class3.p7b file and import the same as per e-receipt verification documentation (eReceipt_Verification_Help.pdf). Also, Here are the Charges for different modes of online payment If the policyholder thinks that the payment has been unsuccessful for some specific reason, he/she can check his/her bank account statement before proceeding to make the payment for the second time. The invoice/receipt of this payment can be printed by the policyholder online. There are several ways that a person with an LIC credit card can pay their credit card bills through online transactions using other bank accounts. In order to pay the premiums for policies online, one needs to register on the website with the accurate credentials (username and password). Please verify your balance (displayed) and confirm the transaction to the bank. Simultaneously successful/unsuccessful transaction message will be flashed. You can make your LIC premium payment online using net banking, debit or credit card. "RFP floated by Government of India for engagement of Actuarial Firm for LICI IPO", "Policy holders can submit Maturity claim documents by email till 31.07.2020", "Dear Policyholder, Please submit Bank Account Details ( NEFT ) to LIC - Click here to Download NEFT Form", "PLEASE REGISTER IN CUSTOMER PORTAL FOR AVAILING ONLINE SERVICES", "For Life Insurance Policies whose premium fall due in MARCH and APRIL 2020, Additional Grace Period of 30 days is allowed.". Policyholders can make real-time premium payments through the portal. Advertisement Regulations for All Marketing Officials, You can pay LIC premiums using Net Banking accounts with any of the following banks:-. Complaint … On successful login, the total amount to be paid by you towards LIC will be displayed. Alternatively, customers can also choose to pay their premiums through the net banking facility. You can now have many of the functionalities that were available only at a branch office, online at your fingertips. Following are some of the banks that have partnered with LIC to promote online premium payment: Apart from the ones mentioned above, there are multiple other banks that act as service providers. But recently LIC has provided an option for LIC online payment through Credit card. Customers or policyholders who live outside the country can also pay their premiums through the Online Payment Gateway via credit card, debit card, or net banking. In the next step, the user is redirected to the bank site wherein he/she will be required to make the premium payment using the accurate credentials. Whether you make a LIC premium payment online through debit card, credit card or net banking, we ensure you safe & secure transaction every time you visit us. Payment of Utility Bills You can pay various utility bills through your LIC Card through visa bill pay facility and avail 5% discount. For detailed documentation on how to verify the digital signature on the e-receipt. » There is no time lag from the date of payment to obtaining receipts. Please re-enter your phone number. This functionality is available only to registered customers who have enrolled their policies. To pay LIC premium online, customer has to pay the service tax and nominal fees. Retaining my original answer below (earlier there Also on ALL POSSIBLE digital modes through LIC website without any service charges. Once all policies have been enrolled, the policyholder will be required to choose the option ‘Pay Premium Online’, wherein a list will be displayed exhibiting all the policies where premium payment is due. Amount can be paid through net banking/credit card/debit card or any mode through which the payment is registered by you. However, to avail this service, one needs to register himself/herself on the portal with accurate credentials. This facility is available for all non-ULIP policies. This number appears incorrect / invalid. LIC Premium Online Payment अब घर ब ठ ऑनल इन जम कर सकत ह । एलआईस क प र म यम ऑनल इन जम करन क कई तर क ह . The Life Insurance Corporation initiated multiple ways to pay the premiums in online to the policyholders. For details and T & C, please click here For making payment please click here Payment of online The recent initiative of LIC, known as the Payment Gateway (PG) has been instituted to provide on-demand service of premium collection in a jiffy. It seems the convenience fees has been waived off. The minimum penalty fee for paying premiums late is Rs.5. It provides for real-time payment of renewal premium-dues through the portal. Once the payment mode has been confirmed by the policyholder, a Dialog Box will appear as a cautionary message for the policyholder to not make the payment for a second time. » And above all there is no charge for you to avail this service. Let’s quickly understand how you can easily make online LIC payment both with registration and without registration. Online Payment Gateway is LIC’s initiative to provide you with on demand service within a few clicks! In case of an unsuccessful transaction you will be informed and the reason thereof. Uh-oh! LIC premium can be paid either through net banking or through Credit/Debit cards. On successful transaction, a digitally signed e-receipt will be generated and e-mailed to you. The online LIC payment of premiums using credit/debit cards is processed via IDBI Gateway. As and when premium becomes payable under the registered policy, LIC sends the bills to the bank/service provider, and the information will be displayed by the bank/service provider in your net-banking account page. The payment gateway (PG) initiative is an important component of the offer. Make premium payment for your enrolled policy using NetBanking or Debit/Credit Cards. Thus, similar to the steps used to pay premium through ICICI Bank debit card, debit card of any other bank can also be used. EDIT (30/7/2017): Today while trying to pay premium, I see that there are no charges for payment using credit cards. The credit/debit card payments shall be initiated in 3 simple steps: Salary Savings Scheme (SSS) policy premiums cannot be paid through the online channel. 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. To make online payment of premiums for LIC using your debit card, follow the below mentioned steps: Step 1: Go on to LIC's official website. The collection of premiums can only be made for ordinary, inforce policies. This is complete information about the Best investment instruments. Request received - loud & clear!Returning you to where you were... (You can save searches, track your apps & save plenty of time!). Leaving so soon? How to make online new user register in LIC India web page LIC insurance policies online payment, In the next step, the policyholder will be required to select the bank from the displayed drop-down list. Enter your number below. Enter Policy Details and Pay using NetBanking or Debit/Credit Cards. The Payment Gateway (PG) for credit card is IDBI. 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