In very recently, the LIC policy started the Payment Gateway has instituted through these customers can make real-time premium payments. LIC policyholders can pay their premium anytime & anywhere from the convenience of their own place either through desktop, PC or mobile as per your choice & suitability. In case the policyholder has purchased policies for his/her family members (children and spouse), he/she can enroll those using the birth date mentioned in the policy. LIC also sends a copy of this receipt to the policyholder’s email ID. As opposed to the traditional method of paying premiums offline, LIC has established an online portal through which individuals can pay their premiums either through a debit card or a credit card. The credit/debit card payments shall be initiated in 3 simple steps: How to make online new user register in LIC India web page LIC insurance policies online payment, Alternatively, customers can also choose to pay their premiums through the net banking facility. Privacy Policy. Now the payments can be made using VISA/Master Credit Card (Domestic Only) with some convenience charges. Premiums for ULIPs can be paid through the online portal. You can now have many of the functionalities that were available only at a branch office, online at your fingertips. Let’s quickly understand how you can easily make online LIC payment both with registration and without registration. This functionality is available only to registered customers who have enrolled their policies. At the bank site you will need to login with your net banking username/password. The details that one needs to know before proceeding towards payment are – Advertisement Regulations for All Marketing Officials, You can pay LIC premiums using Net Banking accounts with any of the following banks:-. Debit Card A debit card is a plastic payment card that can be used instead of cash when making purchases. "RFP floated by Government of India for engagement of Actuarial Firm for LICI IPO", "Policy holders can submit Maturity claim documents by email till 31.07.2020", "Dear Policyholder, Please submit Bank Account Details ( NEFT ) to LIC - Click here to Download NEFT Form", "PLEASE REGISTER IN CUSTOMER PORTAL FOR AVAILING ONLINE SERVICES", "For Life Insurance Policies whose premium fall due in MARCH and APRIL 2020, Additional Grace Period of 30 days is allowed.". The next page will display the options that the policyholder wants to choose from for making the premium payment. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products. Through the online payment, the customers can choose Debit or Credit card to pay their premiums. Policyholders can make real-time premium payments through the portal. Pay Premiums without Login using Policy Details Choose the one convenient for you and enjoy hassle-free banking with us. You can make your LIC premium payment online using net banking, debit or credit card. The policyholder can either choose to pay via netbanking/debit card or using a credit card. You can now have many of the functionalities that were available only at a branch office, online at your fingertips. Once all policies have been enrolled, the policyholder will be required to choose the option ‘Pay Premium Online’, wherein a list will be displayed exhibiting all the policies where premium payment is due. In case of an unsuccessful transaction you will be informed and the reason thereof. Also on ALL POSSIBLE digital modes through LIC website without any service charges. It seems the convenience fees has been waived off. The recent initiative of LIC, known as the Payment Gateway (PG) has been instituted to provide on-demand service of premium collection in a jiffy. Enquiry of Outstanding Claims for the Current Year, Policy for protection of interests of policyholders. The invoice/receipt of this payment can be printed by the policyholder online. Reach the payment gateway and make payment through net banking, credit card or debit card. On successful login, the total amount to be paid by you towards LIC will be displayed. The recent initiative of LIC, known as the Payment Gateway (PG) has been instituted to provide on-demand service of premium collection in a jiffy. Initially, there is no provision to pay the LIC premium using the credit card. However, to avail this service, one needs to register himself/herself on the portal with accurate credentials. You will receive a call shortly from our customer support. Credit Card Bill Payment - Axis Bank provides various easy options to pay your Credit Card bills. Bharat Bill Payment System (Through IDBI Bank Internet Banking, IDBI Bank Debit Card & Credit Card) FAQ on BBPS Process Flow i. Once the registration has been completed, the policyholder can then proceed to enroll his/her existing policies on the portal. The insured can make LIC Payment Online using Debit Card/ Net Banking/ Credit Card. ", Beware of fake / spurious calls - DOs and DONTs, Notice to Public regarding Combination of Products, Make premium payment for your enrolled policy using NetBanking or Debit/Credit Cards. If the policyholder does not have an account, he will have to generate his/her username and password, then continue with the procedure further. Bill Payment ii. If the policyholder thinks that the payment has been unsuccessful for some specific reason, he/she can check his/her bank account statement before proceeding to make the payment for the second time. Request received - loud & clear!Returning you to where you were... (You can save searches, track your apps & save plenty of time!). LIC Merchant Agent portal login, Policy details plans schemes, status, LIC online premium payment through debit/credit card, customer care toll free number, LIC of India online, Pay LIC payment online. Salary Savings Scheme (SSS) policy premiums cannot be paid through the online channel. Step 2: Select "pay premium online" option. Thus, similar to the steps used to pay premium through ICICI Bank debit card, debit card of any other bank can also be used. The Payment Gateway (PG) for credit card is IDBI. Please re-enter your phone number. » And above all there is no charge for you to avail this service. The process for … The collection of premiums can only be made for ordinary, inforce policies. Follow the instructions mentioned below. The list of the banks will appear when you select type of card through which you want to make a payment. Step-by-Step Guide on How to Make Premium Payment Using the Online Portal. However, the same can be done under any mode (yearly, quarterly, monthly, or half-yearly). The Payment Gateway (PG) for debit card and netbanking is BillDesk. Once the payment mode has been confirmed by the policyholder, a Dialog Box will appear as a cautionary message for the policyholder to not make the payment for a second time. The LIC of India offers its online payment services through its web portal. Once a policy is issued, policyholders can visit LIC’s official website and register their policy in … Amount can be paid through net banking/credit card/debit card or any mode through which the payment is registered by you. I am an online registered customer of life insurance corporation of india & want to pay the lic premium through the atm cum debit card. Uh-oh! what is the procedure pze tele me step by step in my e-mail id - [protected]@gmail.com As opposed to the traditional method of paying premiums offline, LIC has established an online portal through which individuals can pay their premiums either through a debit card or a credit card. Visit LIC’s official website (www.licindia.in) Under ‘Online Services’, click on ‘Pay Premium Online’ option In order to avail the online payment facility, policyholders must have an active credit/debit card to pay their premiums. Customers or policyholders who live outside the country can also pay their premiums through the Online Payment Gateway via credit card, debit card, or net banking. You have a choice to select the policies for which you want to pay premium. The login id at both the sites (LIC and Bank) is known only to you. On successful transaction, a digitally signed e-receipt will be generated and e-mailed to you. In the next step, the policyholder will be required to select the policies where premiums are to be paid with the help of selection box. In case the payment is made twice on the online portal, the additional amount is transferred back to the policyholder with the help of the service provider. LIC has developed multiple ways in which policyholders can pay premiums for policies. In order to pay the premiums for policies online, one needs to register on the website with the accurate credentials (username and password). EDIT (30/7/2017): Today while trying to pay premium, I see that there are no charges for payment using credit cards. LIC Premium payment online through Pay Direct – Credit/Debit Card Charges You can use the following Credit Card/Debit Card or online internet banking facility to pay the LIC premium online. how to pay lic premium online through Indian bank debit card. The policyholder will be required to select the desired option of payment post which convenience charges are displayed on the screen. LIC Online Premium Payment via Credit/Debit Cards The policyholder can also use his/her credit/debit card to make the online payment for LIC premiums apart from net banking. The minimum penalty fee for paying premiums late is Rs.5. You can pay the bills by using Net Banking, Debit Card, Credit Card or Cash Card (Through BillDesk Payment Gateway). To avail this option, policyholders have to register themselves on the portal with the necessary credentials. As and when premium becomes payable under the registered policy, LIC sends the bills to the bank/service provider, and the information will be displayed by the bank/service provider in your net-banking account page. It is essential that you have a net banking account with at least one of these banks. Debit cards allow bank customers to spend money by drawing funds that they deposited with the card provider. You will be directed to a page where you can choose from multiple banks for payment and will be directed to the login page of the selected bank. Leaving so soon? Payment of insurance premium through debit card is a simple and convenient way to ensure that your policy is intact. Using LIC Pay Direct is simple, and you can easily make your LIC online payments through a credit/debit card. For detailed documentation on how to verify the digital signature on the e-receipt. It provides for real-time payment of renewal premium-dues through the portal. This is complete information about the Best investment instruments. Breaking News : LIC premiums can now be paid at the nearest CSC centres throughout the country. Enter Policy Details and Pay using NetBanking or Debit/Credit Cards. Retaining my original answer below (earlier there To make online payment of premiums for LIC using your debit card, follow the below mentioned steps: Step 1: Go on to LIC's official website. But recently LIC has provided an option for LIC online payment through Credit card. For details and T & C, please click here For making payment please click here Payment of online ULIP premiums can also be paid this way. To pay LIC premium online, customer has to pay the service tax and nominal fees. Neither LIC Credit 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. Complaint … Once you have enrolled your policy(s), you can click on the link ‘Pay Premium Online’ to see a list of policies whose premium is due. Intimation to policyholders regarding changes in tax structure due to implementation of Goods and ServicesTax (GST) - Click Here Beware of Spurious Phone Call and Fictitious/Fraudulent Offers " FRAUDULENT … Debit Card Avail of the finest selections of debit cards to make payments on the go and online Prepaid Card One Card, Many Uses. Make premium payment for your enrolled policy using NetBanking or Debit/Credit Cards. This Page is BLOCKED as it is using Iframes. The online LIC payment of premiums using credit/debit cards is processed via IDBI Gateway. The bank also offers payment facility through net banking, debit card and credit card, along with PayTM, PhonePay, GooglePay, Bhim and UPI. Payment of Utility Bills You can pay various utility bills through your LIC Card through visa bill pay facility and avail 5% discount. However, keep your policy details handy before you proceed towards paying your premium. Step 5: Verify the details and Click ‘Pay Now‘.Now you can select the Payment Method. This facility is available for all non-ULIP policies. » There is no time lag from the date of payment to obtaining receipts. Following are some of the banks that have partnered with LIC to promote online premium payment: Apart from the ones mentioned above, there are multiple other banks that act as service providers. If you’re paying your LIC premium for the first time using your credit card, you can make online payment without registration. LIC Online Payment Through Debit/Credit Card: Besides net banking, you can also make premium payment for your LIC policy using your debit card. Copyright © 2021   BankBazaar.com. Now you can pay your LIC premiums online through the debit card option. Auto-Debit Facility: Auto Debit payment option saves you from the effort of remembering your payment due date every month towards the payment of your IDBI Bank Credit Card dues. LIC premium can be paid either through net banking or through Credit/Debit cards. Also, Here are the Charges for different modes of online payment Breaking News : LIC premiums can now be paid at the nearest CSC centres throughout the country. If paying your insurance premiums by directly visiting the branch has become a Enter your number below. Canara HSBC Oriental Bank of Commerce Life Insurance, Post Office Savings Monthly Income Scheme, Life Insurance for Senior Citizens in India. Simultaneously successful/unsuccessful transaction message will be flashed. The payment gateway (PG) initiative is an important component of the offer. Online Payment Online Payment Gateway is LIC’s initiative to provide you with on demand service within a few clicks! LIC Credit Card and its affiliates, subsidiaries, employees, officers, directors and agents, expressly disclaim any liability for any deficiency in the services offered by BillDesk whose site you are about to access. LIC’s Online Payment Gateway is a completely secure way of making premium payments, and no sensitive policy data is shared with other sources during the process. » It is also a secure arrangement, as the policy data is not shared between LIC and Banks over net as only the amount to be paid is encrypted and transported. Shop, Dine, Pay and Enjoy the Benefits of Convenience Forex Card … Registered Users/ Agents/ Development Officers/Branch login here for the Portal Services : Also on ALL POSSIBLE digital modes through LIC website without any service charges. For installation of root certificate, you need to download the RCAI-Class3.p7b file and import the same as per e-receipt verification documentation (eReceipt_Verification_Help.pdf). LIC’s “Pay Direct” is a good option to pay LIC premium online without registration. This number appears incorrect / invalid. » There is no further registration involved at the service provider end. Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. LIC Premium Online Payment अब घर ब ठ ऑनल इन जम कर सकत ह । एलआईस क प र म यम ऑनल इन जम करन क कई तर क ह . LIC Merchant Agent portal login, Policy details plans schemes, status, LIC online premium payment through debit/credit card, customer care toll free number, LIC of India online, Pay LIC payment online. Step 6: Select the payment method (Select the bank name, if you want pay by using the Net banking), else select your Credit or Debit Card type. Here’s a simple step-by-step guide on how you can go about using this facility: Online Premium Calculator, generate an instant illustration for Premium. LIC credit card payment – Online mode for non-LIC Account You do not necessarily open an LIC account to have an LIC credit card, you can also pay your credit card bill using a non-LIC account. Please verify your balance (displayed) and confirm the transaction to the bank. The Life Insurance Corporation initiated multiple ways to pay the premiums in online to the policyholders. Online Payment Gateway is LIC’s initiative to provide you with on demand service within a few clicks! In the next step, the user is redirected to the bank site wherein he/she will be required to make the premium payment using the accurate credentials. It is crucial to enter the accurate premium amount while enrolling. Such bills cannot be paid through one-time payment mode. Enter Policy Details and Pay using NetBanking or Debit/Credit Cards. I have registered for Auto Bill Pay facility on my Citibank Account or Credit Card today on Citibank online and my payment is due next week. There are several ways that a person with an LIC credit card can pay their credit card bills through online transactions using other bank accounts. 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