Payment channels, where policy is required to be registered in the data base at LIC, receipt sent by post:
1. Electronics Clearance System (ECS): This facility is presently available at more than 53 centers. Total places where ECS can be offered as per RBI is 64. Through ECS premium can be collected for ULIP and Health Insurance policies also.
2. Portal Payment Gateway: Online premium payment on LIC website, www.licindia.in with the help of NET Banking facility of 33 major Banks. Premium can be paid for ULIP policies excluding Health Insurance plan, since 01/06/2009. LIC Premium Payment