When you click on the option of idbi gateway, a page will be redirected where you can see the different card types attached with the convenience fees and service tax. Lic removed convenienceservice charges or taxes for using. The process is simple and will be undertaken via the idbi. List of lics online and offline premium payment options. Life insurance corporation of india lic was set up on 1st september 1956, with the aim of expanding the concept and importance of life insurance all over india. You can also download the mylic app to pay a premium for online. Now you can have many of the functionalities that have been available only in a division office, online when you need it. You may receive payment receipt in your registered email. The details that one needs to know before proceeding towards payment are. Very few people are aware about the fact that lic is also issuing credit card to customer. This is a very simple and an effective way to make your lic premium payment online.
Once you enter the login details user id and password, you will be redirected to a payment gateway page. Visit our website to know more about how to make the premium payment for your lic policy through authorised banks, franchisees, merchants, and the lic website via net banking, credit card, and debit card. You will have to enter the details like policy num, date of birth, premium amount without servi. Savings upto 8% created at 28032017, 21 replies hot deals online indias fastest growing online shopping community to find hottest deals, coupon codes and freebies.
Lic pay direct payment online without registration. How to pay the lic premium online in simple and easy steps. But you have to pay small processing fee for lic pay direct. However, the discount is not applicable on renewals. Apart of that, if your insurance is through pvt players, you may pay that too through their websites or from the indias major wallet system. Lic waives off charges on credit card payments lic has said that any credit card originated payments towards renewal premium, new premium, or repayment of loan and interest on loans against the policies will not attract any additional charges or convenience fee its parlance, from december 1. From then to now, lic has crossed many milestones and has set unprecedented performance records in. You can now make lic premium payment for your policy using your debitcredit card. Pay renewal premium fees for all your icici prudential life insurance policies. Now you can pay your lic premium online through net banking, credit card, debit card, authorized banks portals, paytm etc. Pay lic premium online lic online payment through credit. This video explains how to pay lic premium online for lic customer portal registered users. The credit debit card payments shall be initiated in 3 simple steps. This facility is available for all nonulip policies.
Lic neft form and information guide for policy payment by neft. The lic provides you the facility of paying the money through the credit card in their branch offices too. Pay your credit card bill online with ease kotak bank. You can pay your lic credit card bill from any other bank account by using the neft facility.
Lic credit cards is offered in partnership with axis bank and each card is carefully design to offer the best benefits and features. Feb 17, 2020 there will sometimes be an option to choose the type of credit card youre using, e. Hi basavaraj, am a registered user and for the past 45 years, i have been paying my lic premium by credit card, my recent payment made on 01 september went through well for the premium dated 08september mentioning success 500020, received message from credit card vendor for successful payment, but did not receive the receipt from lic to my mail account, i tried looking up on lic website. Gone are the days when credit cards were only used for buying airline tickets or. Other than net banking, you can also use your credit debit card to make the lic online premium payment. Credit card is one of the best option, if you dont have sufficient balance in your bank account to pay lic premium ontime. Lic online payment through, banks, paytm, cards, offline, agent. Life insurance corporation of india lic has made it very easy to pay policy premiums online. National electronic funds transfer or neft is an easy and convenient payment option that allows you to transfer funds from your account to any other account in the country. Lic now offers its customers an option to make their lic premium payment online. Jan 22, 20 you can pay lic premium using lic pay direct via credit card.
Heres a simple stepbystep guide on how you can go about using this facility. After completing your credit card application, it will be processed by the lic. Manage your online credit card bill payments through various mediums such as auto debit, webpay, phone banking, visa payment, neftimps, etc. Next page will come that has below options click on lic paydirect button for premium payment. Now you can pay any lic payment through credit card. Cardholders can also download an estatement for the credit card through the online portal offered by lic cards. Policy holder has to register hisher policy in the bankers site who will send the policies for verification to lic. Lic offers a range of online and offline premium payment channels to help customers pay their premiums in a hasslefree and timely manner. The cardholder shall have the option to transfer the balances from other bank credit card to their credit card account. In website there you will see an option of pay lic premium. Print and download the premium payment receipt for your records. Pay life insurance policies lic through credit card now. You dont need to pay any service fees to avail this payment facility.
Retaining my original answer below earlier there used to be charges yes. This online payment facility is available only to registered customers who have enrolled their policies for such payments. In case if you want to pay it from the sbi credit cards, this article explains you with the stepbystep approach. The direct pay facility is also very helpful since you do not need to register or remember your login credentials. Pay right away or schedule payments through netbanking. Apr 25, 2017 you may make payment for lic through credit card on their website. Here are the steps for paying lic premium online 1. You can check your premium and pay online through lic india. To promote the usage of credit cards, lic on december 1. Credit card bill payment pay hdfc bank credit card bills. Lic is equipped with online payment gateway to help its customers to make a payment with the click of button. Insurance premium payment pay health and life insurance. Savings upto 1% created at 06092016, 33 replies hot deals online indias fastest growing online shopping community to find hottest deals, coupon codes and freebies. Pay your idbi bank credit card dues through neft national electronic funds transfer.
Choose your bank account below and click on submit. Payment of mad is required to keep your card regular. Lic policy payment online on the official lic website. Lic removed convenienceservice charges or taxes for using credit cardsdebit cards to pay premium amount at other. Life insurance corporation of india online payment. Mar 15, 2017 learn how to register and pay your lic insurance policy using net banking or credit card. The customers can download the mylic app to for online transactions, it added. You can complete this transaction by using a different payment option. How to pay lic premium online using net banking, debit card or credit card. Use ifsc code ibkl0neft01 and add bank as idbi bank ltd. We can pay the lic premium online using internet banking, credit card or debit card by visiting lic website. If you want to register as new user, select pay premium through eservices option in step 3.
Lic removed convenienceservice charges or taxes for using credit cards debit cards to pay premium amount at other. Nov 09, 2014 lics pay directis a good option to pay lic premium online without registration. Gone are the days when credit cards were only used for buying airline tickets or similar large transactions. Apr 11, 2018 step 6now you have to pay the payment using the options like your paytm wallet, debit credit cards or internet banking. Lic cards services limited came into existence on 11th november, 2008 as a 100% subsidiary of lic to bring out its own credit card in the market. Life insurance corporation of india payment through. Lic platinum credit card customers have to call the customer care desk to make a redemption request. The lic premium payment through credit debit card is processed via idbi gateway. Lic policy list lic health insurance plans lic of india sms service step to lic payment through credit card. You will be securely redirected to the payment interface of your chosen bank. Not only that if you make lic premium payment using lic credit card you will also get reward points. Add biller once, receive bills directly in your account. Please also note that the above emi amount will be part of the minimum amount due mad, appearing in your monthly hdfc bank credit card statement.
In my previous article i have explained how to pay the lic policy online. Purchase through lic card on internet be it your flight tickets or train tickets or holiday package. Card shall mean credit card, which has been issued by icici bank and is valid and subsisting during the program period. Through this payment option premium can be paid through credit cards also. Were sure now youll agree that it is easier than ever to make lic online payment through credit card, debit card or net banking online. Lic premium using sbi card ic38 online mock test for lic agents. Dec 03, 2019 lic waives off charges on credit card payments lic has said that any credit card originated payments towards renewal premium, new premium, or repayment of loan and interest on loans against the policies will not attract any additional charges or convenience fee its parlance, from december 1. Visa, mastercard, discover, american express, or a store credit card. Lics pay direct is a good option to pay lic premium online without registration.
Life insurance corporation of india lic has introduced credit card payments for payment of premiums. Lic online payment through credit card lic online premium payment. Lic online payment through credit card online payment gateway is lics effort to offer you with ondemand service in just a few clicks. Lic premium using sbi card ic38 online mock test for lic. Credit card payment online, pay credit card bills, loan. How to make lic premium payment online using credit card. Set standing instructions to autopay recurring bills. Use your hdfc bank account to easily pay credit card bills of other banks through billpay. Sep 08, 2015 the lic credit card is one of the popular credit card options in india. However, keep your policy details handy before you proceed towards paying your premium. For payment through credit card like hdfc credit card or citibank credit card, click on idbi link. Select the options netbanking, credit card and debit card to make the premium payment. Make payment to icici prudential, lic, max life, exide life and many other companies to earn reward points.
You can pay various utility bills through your lic card through visa bill pay facility and avail 5% discount. To pay lic premium online, customer has to pay the service tax and nominal fees. Jul 04, 2018 the most discount on lic online payment through credit card plan is capped at rs2,000. Do we pay more for lic policy premium paying through credit card. Download the mobilebanking on your mobile or tablet. You can pay lic premiums using net banking accounts with any of the following banks.
Now, go ahead and put this learning into practise and save yourself from the hassles of standing in long queues by paying for your lic insurance policy online. Life insurance corporation of india pay premium online lic. You can pay your bill online to the lic by transferring money through your credit card. Where you need to pay a precessing fee and service tax. You can take the credit the cards to counter and also use it. For payments made through click to pay, we request you to make the payment at least 3 working days prior to the due date to avoid late payment charges. Do we pay more for lic policy premium paying through. To make the payment using credit card, use the option of credit card in the payment mode selection tab and make the payment. Checking lic credit card status through air way bill number. Credit cards have become a very useful tool for people to complete their daily transactions like paying utility bills, paying mobile bills, buying groceries etc. If youve lost your credit card statement or it hasnt come in the mail yet or if you just prefer a digital copy, you should be able to pull up your most recent billing statement online with a few easy clicks.
On the successful payment, paytm will send you a message on your registered email and mobile number for your reference. You can pay lic premium using lic pay direct via credit card. Through this option, you can make three types of payments a premium paymentrevival, b loan repayment and c loan interest repayment. The online lic payment of premiums using credit debit cards is processed via idbi gateway. The instructions may vary slightly in different banks, but, in most cases you need to add your credit card number as the payee account number to make the payment through neft. Its a convenient payment option by which you can use any bank account that offers neft facility to pay your idbi bank credit card bill online. You can make the payment online via net banking, debit card, or. Advantages of neft system for lic policy holders annuitants. Now the payments can be made using visamaster credit card domestic only with some convenience charges. Lic premiums can be paid by by netbanking using bank accounts and. How to pay lic premium online using net banking lic online. Learn how to register and pay your lic insurance policy using net banking or credit card. Select your bank account from which you would like to execute this payment we partner only with select banks.
Lic pay direct this is a instant bill payment service provided by lic and idbi easy2pay payment gateway. Faqs phone helpline policy guideline premium calculator tax benefit bonus information claim forms online payment apply now download form. Your transaction is processed through a secure 128 bit s internet connection based on secure socket layer technology. Demand invoice is sent and payment is received through the vendors. Today while trying to pay premium, i see that there are no charges for payment using credit cards.
Hope this article will be useful for those who want to pay the lic using sbi credi cards. Yes, customers can set the direct debit facility on their axis bank accounts to make payments for a lic platinum credit card. Lic online payment lic premium payment online at paytm. Can platinum credit card holders set autodebits on their bank accounts for making bill payments. The list of the banks will appear when you select type of card through which you want to make a payment. Lic waives off charges on credit card payments the economic times. Under online premium payment, payment is made only through netbanking account through licindia website. Pay sbi credit card bill from various online options like neft, debit card, upi, etc. Neither lic credit cards nor any of its affiliates nor their directors, officers and employees will be liable to or have any. To make online payment of premiums for lic using your credit card, follow the below mentioned steps. We can do lic online payment through credit card or. You are about to access a third party site, the accuracy or completeness of the information, materials, services or the reliability of any service, advice, opinion, statement or other information displayed or distributed through it, lic credit card does not warrant. Step 7 on successful payment, you will see the payment details on order summary like order number and payment details etc. Visa credit card bill payment facility is a technology enabled remittance facility that allows you to transfer funds from your existing corporation bank account linked to your debit card to any other visa credit card issued by any bank in india.
Enter your 16 digit lic credit card number and the amount you would like to pay. The company has its registered office at jeevan prakash building, 6th floor, 25. Yes, you can pay online through credit card or wallet option. The payment can be made through net banking, phone banking, credit card, atm or any other mode. The is a long awaited feature, but implemented late. Please enter your 16 digit lic credit card number and payment amount. Lic premium can be paid either through net banking or through credit debit cards.
Reach the payment gateway and make payment through net banking, credit card or debit card. You shall access this site solely for purposes of payment of your billsdues. Here is how you can pay your lic premiums using your credit card. Step 6now you have to pay the payment using the options like your paytm wallet, debitcredit cards or internet banking. To continue enjoying your benefits and to make the most of your features, you must ensure that you pay the credit card outstanding amount before the due date and make purchases within your credit limit. The credit card statement will provide important information about the minimum payment due, total payment due and the due date. Credit card bill payment pay your credit card bill. Lic online payment know lic premium payment process.
Lic online payment through credit card lic online premium. Feb 12, 2020 card card issuers are increasingly using technology to make it easier for cardholders to manage their credit card accounts. Once the card is approved, the applicant will receive a letter with the air way bill number of the shipment carrying the credit card. Facility shall mean payment made towards life insurance premium using icici bank credit card to the select insurance companies. Lic waives off charges on credit card payments lic has said that any credit card originated payments towards renewal premium, new premium, or repayment of loan and interest on loans against the policies will not attract any additional charges or convenience fee. Lic has said that any credit card originated payments towards renewal. It provides the option of paying only from the debit cards. Lic credit card and its affiliates, subsidiaries, employees, officers, directors and agents, expressly disclaim any liability for any deficiency in the services offered by billdesk whose site you are about to access. Pay life insurance renewal premium, link policy and get e. How to pay lic policy premium online through credit card. Pay your lic credit card outstanding in all your payments. If your credit card processor isnt listed in the box, the merchant doesnt accept that type of credit card. The online lic credit card bill payment options are listed below.
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