LIC Online Premium Payment

Now you can pay LIC premium through credit card, debit card or net banking online. You can make offline payment by cheque or direct cash deposit also. Here are easy steps of online payment:

Payment through Credit Card / Debit Card

To make LIC online premium payment using credit card / debit card you must have user Id and password. You can register at LIC India website to get user Id and password. Visit to login into your account.

LIC has recently launched online payment gateway where you can make online premium payment without registering at LIC site. You can visit LIC online at and pay through net banking or cards from more than 50 banks.

Related Topic: How to Register in LIC India

After logging in, click on 'Pay Premium Online' under 'Customer Services'. Choose the policy type e.g. 'Conventional Policies' / 'ULIP Policies' and the payment type e.g. 'Pay Renewal Premium' / 'Pay Additional (Top Up) Premium'. You will see unpaid premium and the policy details. Proceed further to pay and you will get options to choose net banking or credit card from where you can follow regular process to make payment through your respective bank credit / debit card. Credit card providers have also option to pay bills in their website.

Online Payment through Net Banking

Initial process will remain same as credit / debit card payment method as explained above but you will have to choose ‘Net Banking’ while selecting payment method instead of credit card. Here you will be redirected to your respective banking website where you can put internet banking user Id & password and make payment easily. LIC payment options are also available in most of the Banks website providing net banking facility.