Can I Pay My LIC Premium Through Google Pay?

Can I pay LIC premium online after due date?

Yes, you can pay your LIC premium online after the due date, but it will attract a late penalty fee @ 8% (minimum of ₹5)..

Can I receive money on Google pay without bank account?

To use Google Pay (Tez), you need a bank account and a mobile number that is linked to that account. You also need a smartphone and an internet connection to use GPay.

Is Google pay free?

No cost: Google Pay is a free mobile app available in the Google Play Store. Customers don’t pay extra transaction fees when they use Google Pay to make purchases.

What if LIC premium is paid late?

If you do not pay the premium of your LIC policy on time or within the provided grace period, then your policy lapses. However, you can revive your lapsed policy within policy term subject to the formalities of revival that should be observed.

How can I pay LIC premium without paying?

Here is how you can pay your LIC premiums using your credit card: Step 1: Log in to LIC’s website: visit To make the payment you have to make sure your policy(s) is enrolled with the insurer. Once it is done, click on the link ‘Pay Premium Online’ to see the list of policies where the premium is due.

Why I Cannot pay LIC premium online?

Unable to make payment online Policy is in lapsed condition, which is generally after 6 months from last premium due date. In such case, kindly contact nearest LIC branch for revival of policy. Premium entered is incorrect in case of going through LIC Pay Direct.

How can I pay my LIC premium online?

To pay premiums through the insurer’s website, visit and click on ‘Pay Premium online’ from the ‘Online Services portal’. Here you will get two options: a) Pay Direct (Without login) and b) Through customer portal. This is an option for those who do not want to register with the portal.

How can I pay my LIC premium online HDFC?

The PayNow option is available on the bank’s website. You click on the type of bill you want to pay, in this case, an Insurance premium. Choose the agency that will receive the payment, key in your details and make the payment. You can use your HDFC Bank Credit or Debit Cards to make the transaction.

Can I use Google pay without net banking?

With a host of payment e-wallets such as PayTM, MobiKwik, Airtel Money, Citrus Pay etc, almost every bank has launched a mobile application (app) for financial transactions. … As with all other apps, you’ll need an internet connection. The setup is simple: Download Tez from either Google Play or the App Store.

How do I pay with Google pay?

Open Google Pay . Tap “New payment” in the screen, it will take you to payment options where you need to tap Bank transfer option….Once you send the money, the transaction can’t be cancelled.Tap Pay.Enter the amount and description and select the form of payment.Tap Proceed to pay.Enter your UPI PIN.

Is paying LIC premium online safe?

The option to make premium payments online is now possible by LIC, this makes payments efficient and secure for customers. The payment process for registered and non-registered users are different but nevertheless customers will benefit from the same efficiency and security of making payments anywhere and anytime.

Can we pay the LIC premium in advance?

Premium payments can only be accepted 30 days in advance of the due date of your policy. … It will be considered as a valid receipt and no other receipt is issued by LIC for active policies, the premium payment can be done six months in advance.

Is it safe to pay LIC premium through Paytm?

On the successful payment, Paytm will send you a message on your registered email and mobile number for your reference. Whether you make a LIC premium payment online through debit card, credit card or net banking, we ensure you safe & secure transaction every time you visit us.

Can I pay LIC premium through UPI?

Premium payment through ‘BHIM UPI App’ is done through the website of LIC of India. … If you have already registered for the e services, use the ‘pay premium through the e-services link’. It is always recommended to use e- services for premium payment as you can easily track your payments and the status of the policy.

How can I pay LIC premium after grace period?

For a monthly premium payment mode, it is 15 days, whereas, for a yearly, half-yearly, or quarterly premium payment mode, it is 30 days. The insurance providers like LIC inform you before the due date of your premium payment and even when you enter into the grace period.