Due to Corona, if you want to avoid knowing at LIC deposit centers, you can also pay LIC premium through your phone pay, Google Pay and PayTM. LIC has incorporated all these companies. Let us understand one by one how one can pay their premium through these apps.
How to Pay LIC Premium through Google Pay
1- First download Google Play from the Play Store.
3- Click on New Payment.
4- Click on the LIC option (If this option does not appear, then search.)
5- Link your account.
6- After completing the linking process, enter your policy number, email id and account number.
7- Click on the link account.
8- Click on Bill Details.
9- Make a premium payment by clicking on the Pay Bill.
10- Select your account.
11- Click the Proceed to Payment option.
12- Enter your UPI PIN.
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How to Pay Premium by Phone Pay
1- Download from Play Store and then login to it.
2- Click the Recharge and Pay Bill option.
3- Click on Insurance Premium. (Find the LIC by going to the search box.)
4- Select the LIC option.
5- After entering your LIC number and e-mail ID, click Confirm.
6- Choose your payment option.
7- Enter the card details, then click the Pay option and type OTP.
8- Click Continue.
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How To Pay Premium Through PayTM
1- Download PayTM App and create your account.
2- Click on LIC India.
3- Fill in the other information, including the policy number.
4- Click Proceed for Payment.
5- After selecting your payment method, make payment.