By cash, local Cheque or Demand Draft at any of our Branch
Office across India.
The DD and Cheques or Money Order may be sent by post to any
of our Branch office.
You can also pay the premium directly ONLINE without
registration thru the website
www.licinida.com
You can pay your premiums at any of our Branches as all of our
Branches are 100% networked.
Many Banks do accept standing instructions to remit the
premiums. So by providing a standing instruction to your Bank
to debit your account for the premium amount and send it vide
a banker’s cheque to LIC, on the due dates and months
mentioned on your policy bond.
Through Internet : Payment of premiums can be made through
Internet through Service Providers viz.HDFC Bank, ICICI Bank,
Times of Money, Bill Junction, UTI Bank, Bank of Punjab,
Citibank, Corporation Bank, Federal Bank and BillDesk.
Premium payment can also be made through ATMs of Corporation
Bank and UTI Bank.
Premium payment can also be made through Electronic Clearing
Service (ECS) which has been launched at Mumbai, Hyderabad,
Chennai, Kolkata, New Delhi, Kanpur, Yamuna Vihar, Vijaywada,
Patna, Jaipur, Chandigarh, Trivandrum, Ahmedabad, Pune, Goa,
Nagpur, Secunderabad & Visakhapatnam. A policyholder having an
account in any Bank which is a Member of the local Clearing
House can opt for ECS debit to pay premiums. The policyholders
wishing to use this system would have to fill up a Mandate
Form available at our Branches/DO and get it certified by the
Bank. The certified Mandate Forms are to be submitted to our
BO/DO.
Policy can be anywhere in India: Citibank Kiosks at Industrial
Assurance Building, Churchgate, New India Building, Santacruz,
Jeevan Shikha Building, Borivili are dedicated for collection
of premiums through cheques.
LIC Premium Calculator
Online Calculator, generate an instant illustration for
Premium.
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