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LIC premium payment

 

Pay LIC premium online with ICICI Bank

Paying the premium of your LIC insurance policy has never been simpler. You can conveniently and securely pay your premium from the comfort of your home with ICICI Bank’s digital channels. Whether you use Internet Banking or the iMobile app, you get a seamless and user-friendly experience with instant payment. You don't even have to worry about missing your premium payment, thanks to payment reminders.

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Steps to pay LIC premium with ICICI Bank

  • iMobile App

  • Internet Banking

Steps to pay LIC Premium through iMobile App
  • 01. Go to the ‘Bill Pay / Recharge / FASTag’ section
  • 02. Select ‘LIC/Other Insurance’ category, then search and select ‘Life Insurance Corporation of India’
  • 03. Enter the policy number and date of birth to fetch the premium details
  • 04. The details of the premium will appear on the screen.
  • 05. Select the preferred mode of payment
  • 06. Click on ‘Pay Bill’ and complete the payment.
Steps to pay LIC Premium through Internet Banking
  • 01. Under ‘Payments & Transfer’, select ‘Pay Bills’
  • 02. Search and select ‘Life Insurance Corporation of India’
  • 03. Enter the policy number and date of birth to fetch the premium details
  • 04. The details of the premium will appear on the screen. Select the preferred mode of payment
  • 05. Enter the OTP and click on ‘Pay Bill’ to complete the payment
  • 06. A success message will appear on your screen. Here, you can view the details and download the payment receipt.

Benefits of paying LIC premium online through ICICI Bank

Instant Payments

Instant Payments

Save time and ensure that premium payments are made within the timeline

Pay from anywhere, at any time

Pay from anywhere, at any time

Pay your LIC premium at any time and from any location, as per your convenience

No additional fees

No additional fees

There are no extra charges for paying your LIC premium online through ICICI Bank

Secure Transactions

Secure Transactions

ICICI Bank ensures safe and secure payments and protects your financial and personal information.

Payment modes available for LIC premium Payment

LIC premium Payment FAQs

How do I make LIC premium payments online?

Make online payments of your LIC insurance premium with ICICI Bank’s digital channels like the iMobile app or the Internet Banking platform. Fetch your policy details and pay with ease, anytime and anywhere.

What are the available payment modes for paying my LIC premium online?

Policyholders have the freedom to select their digital payment channel when paying their LIC premium using ICICI Bank iMobile or Internet Banking. They can choose to pay using Savings Account, Credit Card or PayLater.

What happens when my payment is not successful, but the amount is debited? When will the refund be processed?

For failed transactions, the amount debited will be refunded in 4-7 working days.

Does ICICI Bank provide other bill payment and recharge services apart from Insurance premium?

Yes, ICICI Bank offers multiple bill payment and recharge services through Internet Banking, the iMobile app or Internet Banking. These include Mobile Recharge, DTH Recharge, Gas Booking, Mobile Postpaid Bill Payment, Online Loan Repayment, Insurance Premium Payment ,Credit Card Bill Payment and more.