LIC Premium Online: Apply Here

Life Insurance Corporation (LIC) of India, as we all know is the largest Insurer in the country. Until recently, all the premiums of the policies taken from LIC should be paid only at the LIC offices present in one’s locality or can be paid with the help of agent who made the policy. You all might be used to those long queues to pay/renew your premiums at LIC offices. Now you don’t have to worry about those long queues anymore. LIC of India has introduced online payment facility for renewal of policies apart from few designated third party bill collectors like Tick Business Solutions and eSeva’s.



To renew premiums online, all you have to do is register with a user ID and password. Once you’re registered, you can enter your profile information and then list all the policies registered under your name.

Here’s a simple step-by-step guide to use LIC Online Payment facility:

Lic Employee

1. 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.
2. You have a choice to select the policies for which you want to pay premium.
3. 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. It is essential that you have a net banking account with at least one of these banks.
4. At the bank site you will need to login with your net banking user name/password. On successful login, the total amount to be paid by you towards LIC will be displayed.
5. Please verify your balance (displayed) and confirm the transaction to the bank. Simultaneously successful/unsuccessful transaction message will be flashed.
6. On successful transaction, a digitally signed e-receipt will be generated and e-mailed to you. In case of an unsuccessful transaction you will be informed and the reason thereof.

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