LIC Premium Payment Online: 5 Easy Methods (2026 Guide)

One of the most common reasons LIC policies lapse is not because people cannot afford the premium, it is because they forget or do not know how to pay conveniently. In 31 years, I have seen this happen too many times. Today, paying your LIC premium online is genuinely easy, and I am going to walk you through every method available in 2026.

Method 1: LIC Customer Portal (customer.licindia.in). This is the official and most reliable method. Go to customer.licindia.in, register with your policy number and date of birth, and log in. Under 'Pay Premium', enter your policy number and pay via debit card, credit card, or net banking. A payment receipt is generated instantly. Tip: save the portal as a bookmark on your phone, it works well on mobile.

Method 2: BHIM UPI (Google Pay, PhonePe, Paytm). Open any UPI app. In the 'Pay Bills' section, search for 'LIC'. Enter your policy number, verify the premium amount, and pay. This is the fastest method for anyone with a smartphone and UPI enabled.

Method 3: Net Banking. All major Indian banks, SBI, HDFC, ICICI, Axis, PNB, have LIC listed as a biller in their net banking portal. Log in to your bank's internet banking, go to 'Bill Payments', add LIC as a biller, and pay directly from your account.

Method 4: LIC's WhatsApp Service. Send 'Hi' to LIC's official WhatsApp number 8976862090. The chatbot will guide you through checking your premium due and making payment. This is ideal for customers who are not comfortable with full web portals.

Method 5: Third-Party Apps (BillDesk, Paytm). Apps like Paytm and BillDesk allow you to pay LIC premiums without even registering on the LIC portal. Simply select LIC from the insurance section, enter your policy number, and pay.

Important reminders: Always pay before the due date, LIC gives a 30-day grace period for yearly premiums and 15 days for monthly, but do not rely on it. Always download the payment receipt and keep it saved. If your premium is auto-debited through ECS, verify the bank account is active and has sufficient balance 2-3 days before the due date.

If you have multiple policies or are unsure about your due dates, call me at 9415313434. I can look up your portfolio and set up payment reminders so your policies never lapse.