Can I Pay LIC Premium By Google Pay?

Is it safe to pay LIC premium through Paytm?

On the successful payment, Paytm will send you a message on your registered email and mobile number for your reference.

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..

How can I know my LIC premium amount without tax?

Check LIC Policy Status Online (For Registered User)Step 1:You must visit the e-Service Portal of LIC. … Step 2:You will need to enter the login credentials namely, your User Name and Password.Step 3:Once you’re logged in your Services Account of LIC, you will see various options related to the account or your policy.More items…•

How can I pay my LIC premium online through PhonePe?

How to pay your LIC of India Premium through PhonePeTo start with: Download the PhonePe app if you haven’t already and proceed as outlined below.Step 1: Open the PhonePe app and click on the ‘LIC Premium’ icon.Step 2: Enter the details, fetch the due amount and pay.Step 3: Click on ‘View Receipt’, to view and download the receipt instantly for claiming tax benefits.

Can I pay LIC premium through UPI?

Premium payment through ‘BHIM UPI App’ is done through the website of LIC of India. … If you have already registered for the e services, use the ‘pay premium through the e-services link’. It is always recommended to use e- services for premium payment as you can easily track your payments and the status of the policy.

How can I pay LIC premium directly?

You can do so by either visiting the LIC website or by downloading LIC India’s app. To pay premiums through the insurer’s website, visit www.licindia.in and click on ‘Pay Premium online’ from the ‘Online Services portal’. Here you will get two options: a) Pay Direct (Without login) and b) Through customer portal.

Can I pay LIC premium online after due date?

Yes, you can pay your LIC premium online after the due date, but it will attract a late penalty fee @ 8% (minimum of ₹5).

Can I pay LIC premium through Amazon pay?

How do I make insurance premium payment? … Go to the Amazon Pay page and click on Insurance Premium option. Alternatively, you can click on Bills option available on Amazon.in home screen and thereafter click on Insurance Premium option. Select the insurer of the insurance policy and enter the insurance policy number.

Can I use Google pay without net banking?

There’s no need to open a separate account or worry about reloading wallets. Tez works with all banks in India that supports the UPI. As with all other apps, you’ll need an internet connection.

Is Google pay free?

No cost: Google Pay is a free mobile app available in the Google Play Store. Customers don’t pay extra transaction fees when they use Google Pay to make purchases.

Can I receive money on Google pay without bank account?

You can send money to any bank account even if the receiver is not on Google Pay. The app allows you to check your bank balance without having to visit the bank. You can make transactions in 5 ways, viz. Cash Mode, Phone Number, Account Number, UPI ID or QR Code and Self Transfer.

Is paying LIC premium online safe?

LIC Online Payment – For Registered/Non-registered Users The option to make premium payments online is now possible by LIC, this makes payments efficient and secure for customers. … Registered policyholders can choose to pay their policy premium via the e-Services facility offered on the LIC website.

What if LIC premium is paid late?

If you do not pay the premium of your LIC policy on time or within the provided grace period, then your policy lapses. However, you can revive your lapsed policy within policy term subject to the formalities of revival that should be observed.

What is the time limit to pay LIC premium?

The grace period for policies where the premium payment mode is monthly is 15 days from the due date. The grace period for policies where the premium payment mode is quarterly, half-yearly or yearly is one month but not less than30 days.

How is late fee for LIC premium calculated?

How to Calculate the Late Payment Fee?LIC Policy Premium for 1 year (12 months) is Rs. 4,000.The premium for 3 months will be (4000/12)*3 = 1,000.The late premium fee will be charged: (9.5% of 1,000) = 95.The total revival premium amount to be paid is (4,000 + 95) = 4,095.

How do I pay with Google pay?

Open Google Pay . Tap “New payment” in the screen, it will take you to payment options where you need to tap Bank transfer option….Once you send the money, the transaction can’t be cancelled.Tap Pay.Enter the amount and description and select the form of payment.Tap Proceed to pay.Enter your UPI PIN.

Why I Cannot pay LIC premium online?

Unable to make payment online Policy is in lapsed condition, which is generally after 6 months from last premium due date. In such case, kindly contact nearest LIC branch for revival of policy. Premium entered is incorrect in case of going through LIC Pay Direct.

How can I change my LIC premium online?

To change the premium payment mode of a LIC policy, you shall write a letter to the Manager of the LIC Branch where you have taken your policy. Currently, it is NOT possible to change your policy premium payment mode ONLINE.

How can I get LIC premium receipt online?

The following are the steps you must follow for LIC premium receipt online download:Visit the LIC website (www.licindia.in) and click on ‘LIC’s e-Services’ under the option which says ‘Online Services’.If you are a registered user, select ‘Registered User’.More items…