LIC Premium Payment via Electronic Bill Presentment & Payment (EBPP)

You can pay LIC Premium (Life Insurance Corporation of India) online using the following Online Payment service in Internet Payment supported cities.

HDFC Bank

Depending on the city you reside in, you can pay your insurance premium through the Netbanking and MobileBanking. Check out how Insurance Premia are paid through any one of the e-Age Banking channels. Currently this service is available for HDFC Bank customers who have their policies in the 89 cities across the country.

ICICI Bank
ICICI Bank customers can pay their LIC premium bills online on ICICIBank.com. Under this facility, ICICIBank.com customers can view their bills online and pay immediately or schedule them for a future date. This facility is available only for those premiums which are payable yearly, half-yearly and quarterly. Currently this service is available for ICICI Bank customers who have their policies in any of the 89 cities across the country.

Federal Bank
FEDERAL BANK now brings to you an easy and convenient way to pay your LIC Insurance Premium.You can view your premium details of your policies and pay them through FedNet, Federal Bank’s Internet Banking Service, at your convenience anytime, from anywhere in the world. For payments, you only need to have an account registered for the Internet Banking Service with any Federal Bank branch.

To register for the Internet banking service and LIC premium payment service free of cost, visit our website www.federalbank.co.in or contact our nearest branch. Currently this service is available for Federal Bank customers who have their policies in any of the 89 cities across the country.

Corporation Bank
Corporation Bank has tied up with Life Insurance Corporation of India (LIC) to facilitate its customers to pay insurance premium conveniently through the internet / ATM. The service is available for the users of CorpNet, the internet banking facility offered by Corporation Bank. Under this facility, the users will not only be able to make online payments, but also view full policy particulars with payment status online. This service can be availed by policyholders across all the Branches of Corporation bank giving you an unmatched reach. To register for internet banking service and LIC premium payment service please contact our nearest branch. You can also contact ibank@corpbank.co.in or webcentre@corpbank.co.in for any assistance in this regard.

Citibank
Citibank Customers can now pay their insurance premiums anytime, anywhere for policies taken from Life Insurance Corporation (LIC).

Citibank customers just need to register once for the service with the details of their insurance policy.

With the ‘View and Pay’ facility, you can choose to set up alerts for your future premium payments over email or SMS. You will then be alerted with details of your premium amount shortly before your due date over email, on Citibank Online or even on SMS .You can then view your payment details and then pay it on Citibank Online or by replying to the SMS.
Better still, you can simply leave a “Standing Instruction” to have your premium amount paid automatically whenever due, and it will be done.

LIC policyholders with a Citibank Banking Account or Citibank Credit Cardmembers can make use of Citibank’s Internet banking facility – Citibank Online, to pay their insurance premiums. Citibank Online offers a secure online transaction platform using 128-bit SSL encryption.

For more details visit www.citibank.com/india or call 24-hour CitiPhone in your city.

Bill Desk
BillJunction now brings to you a very easy and convenient way to pay your LIC Insurance Premium. Register now. You can view your premium details of your policies and pay them at BillJunction.com from the comfort of your desktop. Wherever you are, whenever you want.Currently this services would be available for registered customers of billjunction.com. This service is available for policy holders who have a bank account in any bank in the cities of Mumbai, New Delhi, Kolkata, Pune, Bangalore and Hyderabad and have their policies serviced with in any of the 89 cities across the country. Bill Junction Call Center Number is 96280-96288

Services of Tech Process are available in following cities
Mumbai, Pune, Delhi, Kolkata, Ahmedabad, Chennai, Bangalore, Hyderabad & Chandigarh

Services of Bill Desk are available in following cities

Ahmedabad, Ajmer, Bangalore, Bhopal, Chandigarh, Chennai, Coimbatore, Delhi, Goa, Hyderabad,Indore, Jaipur, Jabalpur,Kanpur, Kochi, Kolhapur, Kolkata, Lucknow, Ludhiana, Mangalore, Mumbai, Nasik, Nagpur, PUne, Rajkot,Surat,Trivandrum & Vadodara.

This facility is absolutely free for all customers. No charges are to be paid to LIC /Bank/Service Provider for this facility. LIC pays service charges to the Bank/Service provider as per pre-decided rates. Policies with Ordinary Mode of payment i.e. Yearly, Half-Yearly and Quarterly Mode of payment areallowed under this scheme.

This facility can be availed only for INFORCE, NON-ULIP, NON-SSS POLICIES under YLY, HLY orQLY Mode. MLY mode policies cannot be registered under EBPP. Premium for ULIP & Health Insurance policies cannot be paid through this mode.

Through this payment option premium can be paid through CREDIT CARDS also.

Policy holder has to register his/her policy in the Banker’s site who will send the policies for Verification to LIC. After verifying the policies Banker. For any reason (lapse policy, premium mis-match, particulars wrongly entered) if LIC rejects the registration, the information regarding same will be sent by the banker/service provider. In such case the policy is to be registered again on banker’s site. Old registration is treated as cancelled.

Invoice from LIC will be generated before one month of its due date and send to the Banker for uploading on their site. Premium can be paid either by giving standing instructions to the bank to debit the bank account/credit card account on a particular date or manually accepting the bill which can be paid by login to the banker’s site and making the payment online. Receipt will be posted to the address mentioned in the policy records after two or three days of payment by LIC. For this mode of payment e-receipt is not generated.

If premium is already paid through any other mode before receipt of the payment through EBPP or the premium amount does not match with premium required, the payment received through EBPP goes to refunds and the amount is refunded by direct credit to the bank/credit card account. It may take approx. 15 days.
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