Now you can deposit your LIC premiums through Life Insurance Corporation (LIC) premium collection centres at your nearest place. These centres are opened to assist policy holders to pay the premium rapidly and easily. The LIC centres functions around the clock. Premium paid in these centres will be brought by the agents to the LIC Office and paid. Thus the agents act as mobile bankers. Only a dedicated and successful lic agents are given permission to collect the
premiums on behalf of the LIC. Other than LIC Agents, you may also pay your LIC premiums to other Authorized Collection Center.

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