LIC Online Payment - Pay LIC Premium Online

LIC (Life insurance corporation of India) is India's main insurance provider. It is public company owned by government and hence have a strong trust image in the minds of people. To give you an idea of scale, it sells more than 300 lakh policies every year. With demonitisation, more and more people are paying their policy premium online and looking for instructions on how to do it.

LIC Online Payment - Step by step

  1. Go to LIC official website - Click on 'Pay Premium online' or go directly to online payment page of LIC -

  2. Click on Registered Users and login using username and password.

  3. Once inside, click on 'Pay Premium Online' which will show you a list of policies for which premium is due

  4. Select the policies which you want to pay premium for.

  5. You can select either netbanking or credit card or debit card for the payment. Select whatever works best

  • For netbanking, you will be directed to bank site for the transaction
  1. On successful transaction, a digitally signed e-receipt will be generated and e-mailed to you.

LIC Online Payment using netbanking

LIC Online payment portal currently supports net banking of following banks:

  • Allahabad Bank
  • Andhra Bank
  • Axis Bank
  • Bank of Bahrain and Kuwait
  • Bank of Baroda (corporate)
  • Bank of Baroda (retail)
  • Bank of India
  • Bank of Maharashtra
  • Canara Bank
  • Catholic Syrian Bank
  • Central Bank of India
  • City Union Bank
  • Citibank
  • Corporation Bank
  • Deutsche Bank
  • DCB Bank
  • Dhanlaxmi Bank
  • Federal Bank
  • HDFC Bank
  • ICICI Bank
  • IDBI Bank
  • Indian Bank
  • Indian Overseas bank
  • Indusind Bank
  • ING Vysya Bank
  • Jammu and Kashmir Bank
  • Karnataka Bank
  • Karur Vysya Bank
  • Kotak Bank
  • Lakshmi Vilas Bank (Corporate)
  • Lakshmi Vilas Bank (Retail)
  • Oriental Bank of Commerce
  • Punjab National Bank (corporate)
  • Punjab National Bank (Retail)
  • Punjab and Sind Bank
  • Shamrao Vithai Co-op Bank Ltd
  • South Indian Bank
  • State Bank of Bikaner and Jaipur
  • State Bank of Hyderabad
  • State Bank of India
  • State Bank of Mysore
  • State Bank of Patiala
  • State Bank of Travancore
  • Syndicate Bank
  • Tamilnad Mercantile Bank
  • UCO Bank
  • Union Bank of India
  • UBI Debit Card
  • United Bank of India
  • Vijaya Bank
  • YES Bank

LIC Online Payment using debit or Credit card

You can pay through VISA based debit and credit card issued domestically in India. This includes

  • LiC Online Payment by ICICI credit card
  • LIC Online Payment by hdfc credit card
  • LIC Online Payment by Axis debit card
  • and all other india bank issued visa based credit and debit card


Category: finance lic