LIC online payment works through the Life Insurance Corporation of India's official website or mobile app, where you log in with your policy number and make a payment by debit card, credit card, net banking, or UPI
The Life Insurance Corporation of India (LIC) lets you pay premiums directly through their digital channels instead of visiting an office or mailing a check. You can pay from your computer or phone, and the payment posts to your account within hours. The process takes about five minutes once you have your policy number and a valid payment method ready.
LIC offers two main digital routes: the official LIC website (licindia.in) and the LIC mobile app. Both connect to the same payment system and give you the same options. You do not need to create a separate account — you log in using your policy number and date of birth or registered mobile number.
Key Takeaways
- You can pay LIC premiums online through licindia.in or the LIC mobile app using your policy number and a debit card, credit card, net banking account, or UPI.
- Payment confirmation arrives by email and SMS within minutes, and the money reaches LIC's account the same day or next business day depending on your bank.
- If your payment fails, check that your card or bank account has sufficient funds and that your card is not blocked for online transactions.
- Late payments do not trigger an instant penalty, but your policy lapses if you miss the grace period, which is typically 30 days after the due date.
Steps to pay on the LIC website
Go to licindia.in and look for the "Pay Premium" or "Online Payment" link on the homepage. Click it and you will land on a page asking for your policy number. Enter your 16-digit policy number exactly as it appears on your policy document.
Next, enter your date of birth or the registered mobile number linked to your policy. LIC will display your premium amount, due date, and any outstanding arrears. Review the total and confirm it matches what you expect. Click "Proceed to Payment" and you will be taken to a secure payment gateway.
Select your payment method: debit card, credit card, net banking, or UPI. Enter the required details for your chosen method. For cards, you will need the 16-digit number, expiry date, and CVV. For net banking, you select your bank and log in through your bank's portal. For UPI, you enter your UPI ID or scan a QR code. Complete the payment and wait for the confirmation page.
Steps to pay through the LIC mobile app
Download the official LIC app from Google Play (Android) or the App Store (iPhone). Open the app and tap "Pay Premium" or "Make Payment." You will see a login screen asking for your policy number and date of birth or mobile number.
Enter your details and the app will show your premium amount and due date. Tap "Pay Now" and choose your payment method from the options displayed. The process from here is the same as the website: enter your card, bank, or UPI details and confirm the payment.
The app sends a confirmation notification immediately after payment succeeds. You can also view your payment history and upcoming due dates in the app, which makes it easier to track multiple policies if you have them.
What happens after you submit payment
LIC sends a payment confirmation to your registered email address and mobile number within minutes of a successful transaction. The confirmation includes the transaction ID, amount paid, date, and time. Keep this confirmation for your records.
The money itself reaches LIC's bank account the same day if you pay before 3 p.m. on a business day, or the next business day if you pay after 3 p.m. or on a weekend. Once LIC receives the funds, they update your policy status and send you a receipt. You can log back into the website or app to see that your payment has been credited.
If you paid toward arrears (overdue premiums), LIC applies the payment to the oldest outstanding amount first. If you paid more than the current premium due, the extra amount is held as a credit toward your next premium.
Payment methods and limits
LIC accepts four payment methods online. Debit cards and credit cards have no stated minimum, but most banks set a minimum online transaction of 100 rupees. Net banking works through your bank's portal and has limits set by your bank — typically 10,000 to 100,000 rupees per transaction, though you can request higher limits. UPI has a per-transaction limit that varies by bank, usually between 100,000 and 200,000 rupees.
If your premium is larger than your payment method's limit, you can make multiple payments on the same day. Each payment is processed separately and credited to your account. There is no fee charged by LIC for online payments, though your bank may charge a small transaction fee depending on your account type and the payment method you choose.
Troubleshooting failed or stuck payments
If your payment fails, the most common reasons are insufficient funds, a card blocked for online use, or a mismatch between the details you entered and your bank's records. Check your bank account to confirm the money was not deducted. If it was, contact your bank — the transaction may be pending and will reverse within 24 to 48 hours.
If the money was not deducted but the payment still failed, try again with a different payment method. If you keep getting an error message, note the exact error code and contact LIC's customer service through the website or call their helpline. Provide your policy number and the transaction ID if one was generated.
Occasionally a payment processes but the confirmation does not arrive. Wait 24 hours and log into your LIC account to check your payment history. If the payment is listed there, it has been credited even if you did not receive an email. If it is not listed after 24 hours, contact LIC with your bank's transaction reference number so they can trace it.
What to do if you miss the payment deadline
LIC policies have a grace period after the due date — typically 30 days, though this varies by policy type. You can still pay online during the grace period without penalty. After the grace period ends, your policy lapses and you lose coverage.
If your policy has lapsed, you cannot simply pay the overdue premium to restore it. You must contact LIC and request reinstatement, which may require a medical exam or proof that you are still insurable. Reinstatement is not automatic and LIC may deny it if your health has changed significantly.
To avoid this, set a reminder on your phone for a few days before your due date. Most banks also let you set up automatic payments or standing instructions, so the premium is deducted from your account on the due date each month. Check with your bank about setting this up for your LIC policy.
Frequently Asked Questions
Can I pay someone else's LIC premium online?
No. LIC's online payment system requires you to log in with the policy number and the date of birth or mobile number of the policyholder. If you want to pay on behalf of someone else, you must either ask them to log in and authorize you, or pay offline at an LIC office or through a bank branch.
Is my payment information safe on the LIC website?
LIC uses encryption and secure payment gateways certified by major banks and payment processors. Your card or bank details are not stored on LIC's servers — they are processed directly by your bank or the payment gateway. Treat your policy number and date of birth like a password and do not share them.
What if I pay twice by mistake?
LIC will credit both payments to your account. The first payment covers your current premium, and the second is held as a credit toward your next premium. You can request a refund of the extra amount by contacting LIC, though processing a refund may take several weeks.
Can I get a receipt for my online payment?
Yes. LIC sends an email receipt immediately after payment succeeds. You can also log into your account and download a receipt from your payment history. If you need a printed receipt, you can print the email or contact LIC's customer service to request one by mail.
What if my bank account or card details have changed?
You can update your registered mobile number and email address through the LIC website or app using your policy number. However, you cannot update your bank or card details through the online portal — you must visit an LIC office or call their helpline to change the bank account linked to your policy for automatic payments.