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    Payment of Premium

    online payment can be paid on:


    • Portal payment gateway i.e. on www.licindia.in here premium for all policies can be paid except health insurance plans.


    • Through Banks:
                   Axis bank
                   Corporation bank

                  these two banks are the authorized banks through which you can pay your premiums.


    • Premium collection by through the franchisees
      • premium can be collected in cash only
      • receipts are issued by the collection center
      • No service charges are required to be paid to the collection centre to avail the facility
      • Premium cannot be collected for ULIP policies

    • Through the Empowered agents: and authorized retired LIC employees (premium point)
    • Senior business associate (SBA)