LICI online premium payment works through the corporation's official website, mobile app, or authorized payment partners

The Life Insurance Corporation of India (LICI) lets you pay premiums through their website at licindia.in, their mobile app, or third-party payment platforms they've authorized. You'll need your policy number and registered mobile number or email to log in. Payment goes through immediately, and you receive a confirmation receipt by email or SMS the same day.

LICI processes online payments 24 hours a day, 7 days a week. There's no fee for paying through the official LICI channels, though some third-party platforms may charge a small transaction fee depending on your payment method.

Key Takeaways

  • You can pay LICI premiums online through the official website, the LICI mobile app, or authorized payment partners without leaving home.
  • You need your policy number and registered contact details to log in and make a payment.
  • Payments are processed immediately, and you'll receive a confirmation receipt by email or SMS within minutes.
  • Paying online before your due date keeps your policy active and prevents lapse or penalty charges.
  • If you miss a payment deadline, LICI offers a grace period during which you can still pay without losing coverage.

Paying through the LICI website

Go to licindia.in and click on the "Premium Payment" or "Pay Premium" link on the homepage. Enter your policy number in the search field. The system will display your policy details, including the premium amount due and the due date.

Select your payment method — credit card, debit card, net banking, or UPI. Complete the payment through your bank's secure gateway. Once the transaction is approved, you'll see a confirmation page with a transaction reference number. Save or print this receipt for your records.

Using the LICI mobile app

Download the official LICI app from the Google Play Store or Apple App Store. Log in with your policy number and registered mobile number or email. Tap "Pay Premium" and enter the amount due.

The app accepts the same payment methods as the website: credit card, debit card, net banking, and UPI. After payment, the app displays your receipt immediately and sends a confirmation SMS to your registered number. You can view all past payments and due dates in the app's payment history section.

Payment methods and what to expect

LICI accepts credit cards, debit cards, net banking from most Indian banks, and UPI payments. Each method processes instantly, though your bank may take one to two business days to debit your account depending on the payment type.

If you pay through a third-party platform like BillDesk, Razorpay, or other authorized partners, the payment still reaches LICI the same day, but the partner may charge a convenience fee of 1 to 2 percent. This fee is separate from your premium and is added to your total payment amount at checkout.

What happens if you miss the due date

LICI gives you a grace period of 30 days after the premium due date to pay without losing your policy. During this period, your coverage remains active. If you pay during the grace period, your policy continues without interruption.

If you don't pay within 30 days, your policy lapses. You'll need to contact LICI and request revival of the policy, which may require a medical examination and additional documentation depending on how long the policy has been lapsed. Paying online before the due date or during the grace period is the simplest way to avoid this.

Checking your payment status and history

Log into your LICI account on the website or app and go to "Payment History" or "Transaction Details." You'll see all payments made, the dates they were processed, and the amounts. Each payment shows a unique transaction reference number.

If a payment appears to have failed but money was deducted from your account, note the transaction reference number and contact LICI customer service. They can trace the payment and either confirm it was received or process a refund if the transaction didn't complete on their end.

Setting up automatic premium payment

LICI allows you to set up a standing instruction with your bank to pay your premium automatically on the due date each month or quarter. This is called an auto-debit mandate or recurring payment. You authorize LICI or your bank to deduct the premium amount from your account without you having to log in each time.

To set this up, log into your LICI account, go to "Manage Payments" or "Auto Pay," and follow the prompts to link your bank account. You'll receive a one-time verification code from your bank. Once confirmed, the system will automatically deduct your premium on the due date. You can cancel or modify the mandate anytime through your account settings.

Frequently Asked Questions

What do I do if I don't remember my policy number?

Check your policy document, premium receipt, or any correspondence from LICI — the policy number is printed on all of these. If you can't find it, call LICI customer service at 1800-180-1111 (toll-free) or visit your nearest LICI branch with your ID proof. They can look up your policy using your name and date of birth.

Can I pay someone else's LICI premium online?

Yes. You'll need the policy number and the registered mobile number or email associated with that policy. Log in using those details and proceed with payment. The system doesn't require you to be the policyholder to make a payment.

Is it safe to pay LICI premiums online?

LICI's website and app use encryption and secure payment gateways certified by banks and payment processors. Only use the official LICI website (licindia.in) or the official app from Google Play or Apple App Store. Never click links in unsolicited emails or texts claiming to be from LICI — these are often phishing attempts.

What if my payment was successful but my policy still shows as due?

Wait 24 hours for the system to update. If it still shows as due after a full day, log into your account and check the payment history to confirm the transaction went through. If it did, contact LICI customer service with your transaction reference number and they'll manually update your account.

Can I get a refund if I paid the wrong amount?

If you overpaid, LICI will adjust the extra amount toward your next premium or refund it to your original payment method within 7 to 10 business days. Contact customer service with your transaction reference number to request the refund. If you underpaid, you'll need to pay the remaining balance before the grace period ends.