LIC allows its policy holders to pay their premia online. But as a customer you should know a few important details
- Available for non-ULIP policies only
- Credit card payments not accepted
- Payment accepted from Net banking facility of many banks including ICICI, HDFC, Citi, Axis etc
- One needs to register on the portal first to be able to pay the premium online with the following fields- Policy No. | Installment Premium (Rs.)| Date of Birth |Email Id
- The process generates an instant receipt for the payments made. Also it is a secure process & customers need not worry about their policy/premium details being compromised.
- And this service is FREE.