Is There Any Discount On LIC Premium Online?

Can I pay LIC premium by credit card?

Here is how you can pay your LIC premiums using your credit card: Step 1: Log in to LIC’s website: visit

Select the options – Net-banking, credit card and debit card – to make the premium payment.

It provides real-time payment of renewal premium-dues through the online portal..

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 last date of LIC premium?

For a monthly premium payment mode, it is 15 days, whereas, for a yearly, half-yearly, or quarterly premium payment mode, it is 30 days. The insurance providers like LIC inform you before the due date of your premium payment and even when you enter into the grace period.

How can I get premium receipt of HDFC Life?

All you have to do is log on to HDFC Life’s mobile app premium website to initiate the process. First, you have to tell your policy number and your birth date. Once that is entered, the receipt will be shown to you. Go over the details mentioned in the receipt and verify them all.

How can I pay LIC premium online without charges?

To pay premiums through the insurer’s website, visit 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. This is an option for those who do not want to register with the portal.

Can I pay LIC premium through PhonePe?

LIC premiums can be paid by downloading Phonepe app in your mobile. Once you download the app, link with LIC logo would be seen as LIC Premium ( inside the red box ). Before trying to make the payment, link your bank Account to phonepe app, then start making the payment.

How can I pay my insurance by credit card?

How to Pay Insurance Premium via Credit Cards. Payment through credit cards is very convenient as all individuals have to do is to provide their card details and the premium amount would get automatically debited. Auto-debit option is also provided by a number of insurance providers.

Is there any charges for LIC premium online?

This facility is absolutely free for all customers. No any charges are to be paid to LIC / Bank for this facility. Customer has to register his policies through the bank website.

Can I pay LIC premium through debit card?

Enter Policy Details and Pay using NetBanking or Debit/Credit Cards. This facility is available for all non-ULIP policies. Now the payments can be made using VISA/Master Credit Card (Domestic Only) with some convenience charges.

How can I pay LIC premium online?

To pay premiums through the insurer’s website, visit 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. This is an option for those who do not want to register with the portal.

Can I pay LIC premium by Google pay?

Follow these steps to pay LIC Premium through Google Pay. Step 1: First, open Google Pay app on your device. Step 2: On the home page you need to tap on + New Payment to pay your LIC premium. … Step 3: On the next page, tap Bill Payments option.

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).

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.

Can I pay LIC premium through PayZapp?

1) Scan & Pay with PayZapp at LIC, Aircel, Tata Power and MTNL & get amazing cashback offers. 2) Online Merchant checkout out page > Bharat QR > Scan & Pay with PayZapp. 3) This offer is available for transactions done through Visa cards only via PayZapp.

How can I pay my LIC premium online HDFC?

Log on to NetBanking.Select ‘Bill Payments’ option.Select Insurance Company.Details like bill amount (inclusive of interest if any) and due date will be displayed.Confirm the payment.A confirmation of the transaction of the bill amount from your account and a reference number will be given.

Why I Cannot pay LIC premium online?

Unable to make payment online Premium has to be the basic premium (without any taxes) that is mentioned on the policy document. If you have taken any RIDER along with your policy, then payment has to be made within the grace period only. After grace period is over, the same cannot be accepted through online portal.

How can I get cashback on my LIC premium?

How To Get Cashback On LIC Premium Payment:First of all, Download Amazon App.Login or Create an Amazon account.Link your bank account with Amazon app and create UPI mPIN.Add money Rs. … Now go to app home page and click on “Amazon Pay”.Scroll down and click on “Insurance Premium”.More items…•

Can I pay LIC premium through Amazon?

You can pay your insurance premium through website, mobile site and mobile application (collectively, “Amazon”). Go to the Amazon Pay page and click on Insurance Premium option.

How can I check my LIC premium online?

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…

What is premium amount?

An insurance premium is the amount of money an individual or business pays for an insurance policy. … Once earned, the premium is income for the insurance company. It also represents a liability, as the insurer must provide coverage for claims being made against the policy.

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.