It is said that LIC is the most trusted as well as renowned name in the domain of Indian Life Insurance. LIC is consistently ranked well over numerous Insurance companies around the world. Despite a piece of paper or can say documents, LIC holds extremely prestigious value in our lives and gives us the confidence to live the life confidently. What else security you can provide to your family than insured them with an LIC policy.

Earlier, the policyholders make use of offline methods of making payment, used to wait for long hours by standing in queues at the LIC branch offices, to make the payment for their LIC premium. With the increasing use of the internet; there has been a considerable rise in the use of LIC online payment. The facility to make an LIC online payment has made the life of the policyholders hassle-free as well as stress-free. This facility has made them lead a convenient life. Moreover, a person can make use of digital apps like Phonepe, Freecharge, Paytm, etc. for making payment online from any nook and corner of the country.

The policyholders can make use of these apps anytime. These apps are accessible for 24×7. Making an LIC online payment is easy, but it is a fact that some policyholders are not aware of the method to make the payment online. It just takes a few clicks and a few seconds to make an LIC online payment. The amazing online payment is available for all the policyholders, irrespective of the type of the Insurance product that is available with them.

It is believed that making the payment for an LIC premium online is very easy. One can also check the status of his/her policy along with other vital details of the policy. The persons, whether registered or not can make the payment in just a few simple steps. The policyholders can make the payment for the premium by just following a series of steps, including:

  • Logging on to the official website of the LIC.
  • Getting registered as a new user by completing the registration process for LIC. The persons, who are not interested in getting registered can go for the option to make direct payment. It helps the persons to make the payment for the premium without completing the registration process.
  • Make use of different modes of payment, to make the payment for LIC premium online.

LIC has also merged up with different banks as well, including the Corporation bank, Axis bank, etc. They have facilitated their clients with a hassle-free as well as convenient experience. The customers can now make use of Net banking or other methods that can be used for making payment for LIC premium online. It is considered essential to making the LIC payment premium in time. Several customers are still not comfortable with the idea of LIC online premium services. One can make use of the official portal of the company as well for making the payments.

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