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LIC Online Premium Payment Steps – With & Without Registration

Life Insurance Corporation of India, also called LIC, is one of the most trustworthy name in the list of life insurance companies of India. With a wide variety of insurance products across several categories and more than 23 crores happy and satisfied customers across the nation, it is barely a surprise that the LIC is rated as the best insurance companies in the world.

However, a large number of policyholders of LIC spend long hours waiting in long queues at Branch Offices of LIC to make their LIC Premium Payment. Why? The reason behind this is that now anyone can use the LIC of India official website and easily pay their premiums online without visiting any branch office.

Online payment facility of LIC is made available to all the policyholders, regardless of the life insurance product of LIC they have bought. Using the LIC online payment services, you can make payment of the premiums without hassles in just a few minutes, you just need to check your policy status, whether you have registered yourself or not.

You must be wondering how you can make payment for premiums in online mode for the LIC insurance policy you hold. If you are nodding your head in favour of this, you are in for a better treat. This article will reveal how you can make online payments for LIC policies.

So, let us start with it. Shall we?

How can you make LIC Payments Online?

It is really simple and seamless process to make LIC online payment via debit cards or credit cards; all you have to do is to follow a few very simple and easy steps. The very first step you have to take is to log on to LIC’s official website. After this, you will be required to register as a new user by carrying out the LIC Online Registration procedure.

However, LIC has lately introduced a new instrument named LIC Pay Direct, which assists you in making payment of the premium without having to essentially complete the process of LIC Online Registration. Making use of LIC Pay Direct is seamless and easy and you can simply make the LIC Premium Payment via credit cards or debit cards without registering online.

Let us now look at the ways to make the LIC online payment.

Step-by-step Guide to pay LIC premiums with Registration:

Step 1: Login to the official website of LIC (www.licindia.in) and click on ‘Online Services’ tab. After this, click on ‘Pay Premium Online’.

Step 2: You will be redirected to a page where there will be two options for you – ‘Pay Direct’ and ‘Pay Premium through e-Services’. Out these two, you have to click on ‘Pay Premium through e-Services’.

Step 3: You will be redirected to a page where you will be required to click on ‘New User’ option so as to complete the registration procedure.

Step 4: Now you will have to submit the details of the policy you have acquired like Date of Birth, Amount of the Premium, Policy Number etc in order to finish off the registration process. Once you are done with this, click on proceed button.

Step 5: Now, you will be required to make a new ‘Username’ and ‘Password’ as per your choice to conclude the LIC Online Registration.

Step 6: Now, get back to the ‘Home Page’ and login with the username and password you created. Click on the ‘Submit’ tab.

Step 7: Once you have logged in, you can enrol the policy and retrieve the details of the policy from the ‘Enrol Policies’ tab present on the left side of the screen. Click on ‘View Enrolled Policies’ tab. You can also enrol LIC policies of your family also.

Step 8: Validate the ‘Captcha’ to see the enrolled policies. Click on ‘LIC Pay Premium Online’ link and choose your policy for which you require to pay from the list of all the policies. Click on ‘Submit’ tab.

Step 9: Now choose ‘Pay Premium’ and click on ‘submit’ tab. Choose the option of payment from the LIC online payment via debit card or credit card or net banking. You can pay now.

Step 10: You must check your email that you have registered for payment receipts. Download and print the receipts of premium payment for future reference.

This is it! You are all set! It is absolutely easy and suitable to make LIC online payment via debit card or credit card by making registration online. Now, let us see how you can make LIC online payments via debit card or credit card without the completion of LIC online registration process.

Step-by-step Guide to pay LIC premiums without Registration

Step 1: Log in to the official website of LIC (www.licindia[dot]com) and click on ‘Online Services’ tab. Then, hit the ‘Pay Premium Online’ tab.

Step 2: You will be redirected to a page where you see two options – ‘Pay Direct’ and ‘pay Premium through e-Services’. Here, you have to hit the ‘Pay Direct’ button.

Step 3: You will be redirected to LIC online premium payment page. Once you have reached this page, fill up all the imperative details that include Date of birth, Premium Payment Amount, Policy Number, Mobile Number and Email ID. Validate the ‘Captcha’ and click on the ‘Submit’ tab.

Step 4: Now you will be required to submit the details of the policy like Date of Birth, Premium Amount, and Policy Number etc for the completion of the registration process. Once you are done with this, hit on proceed button.

Step 5: You will be required to make a new ‘Username’ and ‘Password’ as per your preference in order to complete the online registration process of LIC.

Step 6: Now, choose the options to make payments from LIC Online payments via debit cards or debit cards or Internet banking and pay.

Step 7: You should keep a sharp vigil on your registered email id to get the payment receipts. Download and print these receipts for future reference.

Not only can you pay LIC online payments by making use of the LIC Pay Direct option, you can also inspect the LIC Statement online or LIC Transaction Status by entering the date of Transaction and the Policy Number.

Wrapping it Up!

We are sure now you will agree that it is simpler than ever to make the LIC Online Payment via net banking, debit card or credit card. Now, move ahead and put this erudition into practice and save yourself from all the hassles of waiting for your turn in log queues by making payments for the LIC policy online.

The post LIC Online Premium Payment Steps – With & Without Registration appeared first on MoneyGyaan.com.



This post first appeared on MoneyGyaan - A Personal Finance, please read the originial post: here

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