How to Pay LIC Premium Online — Net Banking, UPI and LIC App

Paying your LIC premium on time is the single most important thing you can do to keep your policy active. A missed payment starts a clock — first the grace period, then lapse, then the cost and complexity of revival. The good news is that paying online takes less than five minutes once you know the right method for your bank.

This guide covers every online payment method available for LIC premiums — the LIC website, LIC mobile app, net banking through your bank, UPI, and NACH auto-debit. Each method is explained step by step so you can pay confidently without needing an agent.

Method 1 — LIC Website (licindia.in)

The LIC website is the most direct way to pay your premium online. You do not need to be registered on the portal to make a one-time payment.

Pay without logging in (quick pay)

• Go to licindia.in and click "Pay Premium Online" on the homepage
• Select "Without Login" if you are not registered
• Enter your policy number, date of birth, and mobile number
• The premium amount and due date will be displayed — verify before proceeding
• Choose your payment method — net banking, debit card, UPI, or credit card
• Complete payment and save the transaction receipt — this is your proof of payment

Pay after logging in (registered users)

• Log in at licindia.in with your user ID and password
• All your active policies will be displayed with their due dates
• Select the policy you want to pay for and click "Pay Premium"
• Confirm the amount and complete payment via your preferred method
• Premium receipt is available for download from your account dashboard

Registering on the LIC portal is worth doing if you hold more than one policy — it gives you a single view of all policies, due dates, bonus details, and payment history without having to enter policy details every time.

Method 2 — LIC Mobile App

The LIC of India mobile app is available on Android (Google Play) and iOS (App Store). It supports premium payment, policy status checks, and premium receipts.

Steps to pay via the LIC app:

• Download the LIC of India app from Google Play or the App Store
• Register with your policy number and date of birth, or log in if already registered
• Tap "Pay Premium" from the home screen
• Select the policy — all linked policies appear automatically for registered users
• Verify the premium amount and due date
• Choose payment method — UPI, net banking, or debit card
• Complete payment and download the receipt from the app

The app also sends push notifications for upcoming premium due dates if notifications are enabled — useful as a secondary reminder alongside any other tracking system you use.

Method 3 — Net Banking Through Your Bank

Most Indian banks support LIC premium payment directly through their net banking portal under the bill payment or insurance section. This is the most convenient method if you already use your bank's net banking regularly.

HDFC Bank

• Log in to HDFC net banking at netbanking.hdfcbank.com
• Go to "Bill Payments" → "Insurance Premium" → "LIC of India"
• Enter your policy number and date of birth to fetch the premium amount
• Confirm and pay — amount is debited from your HDFC account immediately
• Transaction confirmation is sent to your registered mobile number and email

SBI (State Bank of India)

• Log in to SBI net banking at onlinesbi.sbi
• Go to "e-Services" → "Online Bill Payment" → select "LIC" as the biller
• Enter your policy number and registered mobile number
• Fetch and confirm the premium amount
• Pay and save the reference number for your records

ICICI Bank

• Log in to ICICI net banking at icicibank.com
• Go to "Payments & Transfer" → "Bill Payments" → add LIC as a biller
• Enter your policy number — once added, future payments are one click
• Confirm amount and pay from your ICICI account

Other banks

All major Indian banks — Axis, Kotak, PNB, Bank of Baroda, Canara Bank, and others — support LIC premium payment under their bill payment or BBPS (Bharat Bill Payment System) section. The steps are broadly the same: find the insurance or LIC biller, enter your policy number, fetch the due amount, and confirm payment.

Method 4 — UPI (GPay, PhonePe, Paytm, BHIM)

UPI apps support LIC premium payment through the BBPS (Bharat Bill Payment System) integration. This is the fastest method for most users.

Google Pay (GPay)

• Open GPay and tap "Bill Payments" or "Insurance"
• Search for "LIC of India" under insurance billers
• Enter your policy number and date of birth
• The due premium amount is fetched automatically
• Confirm and pay via your linked UPI bank account
• Payment confirmation is instant — screenshot or note the transaction ID

PhonePe

• Open PhonePe and tap "Insurance" under the Recharge & Bills section
• Select "LIC of India"
• Enter your policy number and verify the fetched premium amount
• Pay using your linked bank account or UPI ID

Paytm

• Open Paytm and go to "Recharge & Pay Bills" → "Insurance"
• Select "LIC of India" and enter your policy number
• Confirm the premium amount and pay

UPI payments for LIC premiums are typically reflected within a few minutes. If the payment does not appear on the LIC portal within 24 hours, check your UPI transaction history for a success or failure status before attempting to pay again — double payments do happen and require a refund process to resolve.

Method 5 — NACH Auto-Debit Mandate

NACH (National Automated Clearing House) is the most reliable long-term method — it automatically debits your LIC premium from your bank account on the due date every cycle without any manual action required.

How to set up NACH for LIC:

• Visit your nearest LIC branch with your policy bond, a cancelled cheque of the account you want to link, and identity proof
• Fill out the NACH mandate form — available at the branch or downloadable from licindia.in
• Submit the form — LIC registers the mandate with your bank, which typically takes 15–30 days to activate
• Once active, your premium is automatically debited on each due date

Important conditions for NACH to work reliably:

• Your bank account must have sufficient balance on the due date — the mandate fails if the account is short
• A failed NACH debit does not trigger the grace period automatically — you still need to pay manually if the auto-debit fails
• Set a calendar reminder 5 days before each due date to confirm your account balance — treat NACH as a safety net, not a replacement for tracking

Which Payment Method Should You Use?

The right method depends on how you manage your finances day to day:

• Pay once a year (annual mode) — LIC website or your bank's net banking. Most reliable for large one-time payments with a clear receipt.
• Pay quarterly or half-yearly — UPI apps (GPay, PhonePe) are fast and convenient. Set a reminder in your calendar before each due date.
• Pay monthly — NACH auto-debit is strongly recommended. Manually paying every month increases the risk of a missed payment. Set up NACH and maintain account balance.
• Managing policies for elderly parents — LIC portal with a registered login gives you visibility across all policies. Set up NACH for their policies and monitor from your own device.

What to Do If Your Online Payment Fails

Online payment failures happen occasionally — network timeouts, bank server issues, or UPI failures. Here is how to handle them without panicking:

• Check your bank account or UPI app first — confirm whether the amount was debited or not before attempting to pay again
• If debited but not reflected on LIC portal — wait 24–48 hours. Most payments reconcile automatically. If not reflected after 48 hours, contact LIC customer care at 1800-209-5861 with your transaction reference number
• If not debited — the payment has failed cleanly. Pay again through any method
• Never pay twice without confirming the first payment has failed — duplicate payments require a formal refund request which can take weeks

If your premium due date is very close and an online payment fails, go directly to a LIC branch counter or call your agent — do not let the grace period expire while troubleshooting a failed online transaction.

How to Get Your LIC Premium Receipt

A premium receipt is proof that your payment has been received by LIC. Always save it.

• LIC website / app — receipts are available for download from your account dashboard immediately after payment
• Net banking — your bank generates a transaction confirmation; LIC also emails a receipt to your registered email address within 24–48 hours
• UPI apps — screenshot the payment confirmation screen and note the UPI transaction ID
• NACH auto-debit — LIC sends a receipt to your registered email after each auto-debit. Ensure your email is current on the LIC portal

Keeping Your LIC Contact Details Updated

Online payments and digital receipts only work reliably if your mobile number and email are current on the LIC portal. If your registered number is old or inactive:

• Visit your nearest LIC branch with your original policy bond and identity proof
• Submit a contact update request — updated within 1–2 working days
• Once updated, register on licindia.in with the new number to activate digital access

This is especially important when managing policies for elderly parents — their registered numbers are often old landlines or numbers no longer in use. Updating to a number you actively monitor ensures payment confirmations and due date reminders reach someone who acts on them.

Never Miss a LIC Premium Again

Online payment removes the friction of paying — but it does not remove the need to remember when to pay. The most common reason for a missed premium is not inability to pay, it is simply not knowing the due date until it has passed.

Three habits that prevent a missed payment permanently:

• Know your due date — check your policy bond or LIC portal and note every policy's due date in one place
• Set a reminder 10 days before — enough buffer to arrange funds and complete payment without last-minute pressure
• Set up NACH for monthly payers — the 15-day grace period for monthly premiums leaves very little room for error

Savings Reminder lets you record all your LIC policies and sends you reminders before each premium due date — without requiring any insurance account linking or OTP. If you hold multiple policies across your family, a single dashboard view of all due dates prevents the kind of silent lapse that happens when one policy gets lost in the shuffle.

For more on what happens if a payment is missed despite these precautions, see what to do when you miss a LIC premium — and the exact steps to revive a lapsed policy.

Final Thought

Paying LIC premium online is genuinely simple once you have done it once. The LIC website, your bank's net banking, and UPI apps all support it reliably. The only thing that matters is paying before the due date — not scrambling to pay within the grace period every month. Set up a system, pay on time, and your policy takes care of itself.

Frequently Asked Questions