Pay LIC Premium Online (Complete and simple guide)

Are you tired of paying your LIC premium offline? Tiered of the long-ques, hassles, and traffic? Did you know you can also pay your LIC premium online? Be it through credit cards, debit cards, PayTM, net banking, and even LIC’s online portal.

We will be walking you through each of these payment options in detail so you can choose the most convenient way to pay your LIC premium online. This article will discuss the following:

How to pay LIC premium online
How to get a receipt of LIC premium online

How to Pay LIC Premium Online

At the outset, let us talk about some of the modes of LIC online premium payment. Payments can be made in the following modes:

LIC portal (using credit/debit cards)
LIC App

Make LIC Premium Payment through LIC portal (using credit/debit cards)

Pay Direct (without login)

Step 1: Go on the LIC website

You can go on the LIC premium payment page by clicking here or by visiting https://licindia.in/Home/Pay-Premium-Online

Step 2: Click on ’Pay Direct (Without Login)’

Step 3: Select ‘Renewal Premium/Revival from the drop-down box’

Step 4: Click on ‘Proceed’

Step 5: Enter your details

You will need to enter your policy number, date of birth, phone number, email ID, and premium payable. Once you enter these details you would need to check the ‘I agree’ box and press ‘submit’

Step 6: Select your policy

Select the policy you wish to pay the premium for and click on ‘Pay Premium online’.

Step 7: Make Payment

This is where you will need to fill in your payment details. Enter your credit card/debit card details and initiate the payment. Put in the bank OTP and conclude the payment.

Pay Through Customer Portal (login required)

Step 1: Go on the LIC website

You can go on the LIC premium payment page.

Step 2: Click on “Through Customer Portal”

Step 3: Enter your login credentials

You will need to enter your user ID/Email/Mobile Number along with your password and your date of birth. Press “Sign In”.

Step 4: Click on “Online Payments”

Step 5: Select your policy

Select your policy and verify your policy details. Once you’ve done this, click on “Check & Pay”

Step 6: Make Payment

Enter your payment details and make your payment through the payment gateway.

Pay Premium through LIC App

Step 1: Download the LIC PayDirect App

Go to your Phone’s Google Pay Store and download the LIC PayDirect App.

Step 2: Open the App and click on “Proceed”

Step 3: Select “Renewal Premium” from drop-down menu and click on “Proceed”

Step 4: Enter your policy details

Enter your policy details like your name, policy number, email ID, phone number.

Step 5: Select your policy

This is where you need to select the policy you wish to pay the premium of. Once you’ve selected the policy, move ahead.

Step 6: Make Payment

You will need to enter your payment details within the payment gateway and click on submit. Ensure that all details are correct before progressing. You will get an OTP from your bank to verify the transaction. Verify the transaction and complete the payment.