Premium Payment

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You can pay premium several modes:

  1. LIC Direct Quick Payment – Click here
  2. Through Paytm – Click here
  3. Physically visit at any nearest LIC Branch – Locator – Click here

Online premium payment for LIC’s life insurance policies has made it easier for policyholders to keep track of their policy status. LIC’s online portal now features several payment modes that one can use to repay loans, pay interest, premiums, and renew their policies. These services can be availed 24/7 from the comfort of your homes, in addition to being completely free of charge. On successful payment, you will receive the e-receipt immediately without having to wait for someone to finish formalities on your behalf. 

The online LIC premium payment modes available are Credit Cards, Debit Cards, Net Banking, Google Pay, Amazon Pay, PayTM, PhonePe, and Mobikwik. The following sections discuss LIC premium payment through PhonePe in detail.