LIC premium payment by LIC Credit Card

LIC Premium Payment

Effortlessly through LIC Card Powered by Axis Bank!!!

Benefits

·       No Convenience Fee

·       Increase in effective days of grace Period

·       Bonanza – Grace Period up to 75 days*

·       DOUBLE REWARD POINTS on LIC Premium Payment

Modes of Premium payment by LIC Card

·       Auto Debit from LIC Card (Mandate form)

·       Online (through www.licindia.in)

·       Through Point of Sales at LIC Branches (If Available)*

LIC Premium through LIC Card by Mandate (Auto Debit)

·       MANDATE FORM available on www.liccards.co.in

·       Send MANDATE FORM with details to Axis Bank on the given address

·       Registration will be confirmed by SMS

·       Information in advance will be given for bill date by SMS

·       The debit of Premium- 3-5 days before the end date of Grace Period

·       Working Example – DOC – 28^th December

-         Grace ending on – 28^th January

-         The debit of Premium from Card (auto) – 24^th January

-         Bill on 22/02 (next 22^nd) – Billing date of LIC Card (22^nd February)

-         Pay by 11/03 to the Axis Bank (11^th March – Last date of Payment of the O/S bill of Card)

To apply for LIC Credit Cards, call your LIC Agent.