LIC (Life Insurance Corporation of India) has got the most number of insurance policy holders in India and in order to provide better service, it offers various ways to check LIC policy status including a premium mobile SMS number to check premium details. However, not all can find the convenience to rush to the nearest LIC office and pay their premiums. In order to make the premium payment options flexible and easier, LIC has now started accepting premiums via various other mediums.

Since LIC policy holders belong to villages, semi-urbans, urban areas and metros, they have opened many alternative ways to receive premiums dues. You can follow any of the below mentioned ways to pay LIC premiums :

* Pay Premium at ATM Counters : LIC, India has a collaboration with AXIS Bank and Corporation Bank. You can register with the bank’s website and upon approval, you can pay LIC policy premium dues at these bank’s ATM counters.

* Pay LIC Premium Online : If you have access to internet, you can also pay all your policy dues online.

* Pay using ECS payment : If you forget LIC premium payment dates, simply register your policies with ECS payment service and the premium amount will be deducted automatically from your account.

* Pay Premium by SMS : Corporation Bank customers can register their mobile number at any Corporation Bank ATM counter and pay the premium amount just by sending a SMS from mobile phone. The amount will be deducted from your bank account.

Click Here to Apply For LIC Policy Online