Here’s how to pay LIC premiums via UPI -- Check step by step process

Policyholders can use popular UPI platforms such as Google Pay or Paytm for paying LIC premiums.

New Delhi: Life Insurance Corporation of India (LIC) allows policyholders to pay their premiums via UPI. The country's largest life insurance company has recently provided the facility to pay their premiums via UPI. 

Previously, policyholders had the only options of paying the money against their LIC policies via online banking and debit or credit cards. But now, investors can make the payments through UPI. Policyholders can use popular UPI platforms such as Google Pay or Paytm for paying the premiums.

Step 1: On the Google Pay app, you will have to go to the bill payment section. 

Step 2: Now, you will have to select the insurance option under the Finance & Taxes section. 

Step 3: From the available options, you will have to select LIC.