LIC Online Payment Options – What are the Various LIC Online Payment Options 2025?

LIC of India is one of the most popular insurance companies in India offering a range of products targeting the common people. With online ways of buying insurance policies gaining popularity, the insurer has offered a wide range of options of LIC policies to the policyholders online. Moreover, with easy, transparent and flexible means of buying insurance policies online, people these days don’t like to pay hefty charges to LIC agents. Further, the online way of buying policy is hassle-free and cost-effective too.

When it comes to buying policies online the key aspect to note is regarding the payment option. There are various online payment modes that one can consider such as, net-banking, debit and credit cards, using digital wallets to pay through the official portal of the insurer and so on. There are many discounts and LIC premium payment online offers that the policyholder can receive by using various digital payment modes for LIC premium payment.

Top 5 LIC Online Payment Options in 2025

1. LIC Official Website Payment

LIC allows policyholders to pay premiums online through its official website, offering two options:

A. LIC Pay Direct (Without Login)

1. Visit www.licindia.in
2. Click on "Pay Premium Online"
3. Select "Pay Direct (Without Login)"
4. Enter policy details and verify the premium amount
5. Choose a preferred payment mode (Net Banking, UPI, Debit/Credit Card)
6. Complete the transaction and download the receipt

B. Through LIC e-Services (With Login)

1. Login to the LIC Customer Portal
2. Navigate to "Pay Premium"
3. Select your policy and proceed with payment
4. Download the premium payment receipt for reference

2. Google Pay 

Google Pay App has turned out to be one of the most popular modes for online payment in India. As the name suggests, the app has been developed by technology giant Google. The process of using the app to make payments and transfer money is very simple. The app is popularly known as Gpay and it uses one of the easiest interfaces to send and receive money online from your registered bank account directly.

Besides, the app also allows the user to avail many lucrative and exciting LIC policy online payment offers and rewards in the form of cashbacks etc.  The LIC consumer can use this app to pay premiums at zero extra cost.

If you are novice about the use of the app, here is a step-by-step guide to making LIC premium payment using Gpay:

• The first step is to download the Gpay app
• On the home page click the tab of ‘New Payment’ option
• Next select the ‘Bill Payment’ tab
• You can view several services in the page displayed as per various categories
• Just scroll down and pick the option of Insurance to make the LIC premiums payment
• Now, you have to choose the insurer whom you have bought the policy from (in this case LIC)
• Next step is to link the policy of LIC with the Gpay app. This will make it easy for you to make and track payments later. Now, click on the tab ‘Get Started’
• Next, you have to fill the details needed on the second page like your email ID, policy number, policy name etc. to easily link the policy and to pay the premium
• Once you have filled the details, review them well and tap on the Link Account button
• You can see your policy getting linked successfully with the app. Now click on Pay Bills tab
• Choose the account. Now, continue to pay
• You have to submit your UPI pin to finally complete the process of payment

3. Paytm 

Another easy way of making LIC premium payments is by using Paytm. With Paytm, you can pay the LIC premium at your convenience anytime and from anywhere. Be it LIC Pension plans, micro insurance plans, ULIPs and so on, you can use Paytm to make the payment easily.

Here are the steps to make payment of LIC premium using Paytm:

• Select your insurer – LIC of India and enter your policy number
• You will see details of your policy on the screen like policy number, name, next premium due date, instalments due, and premium to be paid. Check all the details as per your policy
• In case available, pick different offers like promo codes, cashback etc.
• Now, you are ready to proceed with the payment
• Pick the payment mode such as debit card, credit card, net banking, or Paytm wallet
• Make the payment and once it is done successfully, you will get informed by Paytm via email on your registered email ID
• There are many good online LIC payment offers and discounts provided by Paytm for users paying LIC bills

4. LIC Mobile Apps for Payment

LIC offers dedicated mobile applications to make premium payments more convenient:

• LIC Pay Direct App – Allows quick premium payments without logging in
• LIC Customer App – Provides a complete set of services, including policy details, premium payment, and loan repayment

5. Net Banking & Debit/Credit Cards

LIC allows premium payments through net banking and card payments using various banking partners:

1. Net Banking (HDFC, ICICI, SBI, Axis, etc.)
2. Debit Cards (Visa, Mastercard, RuPay)
3. Credit Cards (Visa, Mastercard, American Express)