LIC allows its policy holders to pay their premium online. But as a customer you should know a few important details
- Available for non-ULIP policies only
- Credit card payments not accepted
- Payment accepted from Net banking facility of many banks including ICICI, HDFC, Citi, Axis etc
- One needs to register on the portal first to be able to pay the premium online with the following fields- Policy No. | Installment Premium (Rs.)| Date of Birth |Email Id
- The process generates an instant receipt for the payments made. Also it is a secure process & customers need not worry about their policy/premium details being compromised.
- And this service is FREE.
You can pay LIC premiums using Net Banking accounts with any of the following banks:-
| Bank of India | ICICI Bank | Induslnd Bank | State Bank of Patiala | Oriental Bank of Commerce |
| Union Bank of India | Axis Bank | ABN Amro Bank | State Bank of Bikaner & Jaipur | State Bank of Hyderabad |
| Punjab National Bank | CitiBank | Kotak Bank | State Bank of Travancore | State Bank of Mysore |
| State Bank of India | IDBI Bank | Bank of Baroda | City Union Bank | State Bank of Saurashtra |
| State Bank of Indore | Centurion Bank of Punjab (erstwhile Centurion Bank) | Bank of Baroda – Retail Net Banking | Indian Overseas Bank | South Indian Bank |
| HDFC Bank | Centurion Bank of Punjab (erstwhile Bank of Punjab) | Bank of Baroda – Corporate Net Banking | Karnataka bank | Yes Bank |
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