LIC now accepts Credit Card without additional ...

LIC now accepts Credit Card without additional charges

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http://licin...in
No charges on Credit card payment on LIC Website now.
To promote the usage of credit cards, LIC announced that it has waived off charges on credit card payments. In a statement the life insurer stated, “From December 1, 2019, any credit-card originated payments towards renewal premium, new premium, or repayment of loan and interest on loans against the policies will not attract any additional charges or convenience fee its parlance.”

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16 Comments  |  
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Deal Subedar
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Good news for who has to pay lots of LIC premium.

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there was never a charge with HDFC smartpay
NetBanking>Cards Tab>Credit Cards>Transact>SmartPay

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mysalemo771 wrote:

there was never a charge with HDFC smartpay
NetBanking>Cards Tab>Credit Cards>Transact>SmartPay

It is registered and pay. To achieve some target based spend u might have to use different cards. Here it be helpful

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mysalemo771 wrote:

there was never a charge with HDFC smartpay
NetBanking>Cards Tab>Credit Cards>Transact>SmartPay

Can we use other card with this transaction

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any short term lic policy which we can use for this feature

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mysalemo771 wrote:

there was never a charge with HDFC smartpay
NetBanking>Cards Tab>Credit Cards>Transact>SmartPay

How much is the cashback ?

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There was other ways (without charges) to pay LIC by credit cards using wallets. I think the surge of market share of private insurance companies forced LIC to declare this.

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Anyway to pay lic premium using amazon pay?

Nice dp for whatsapp
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amitsp wrote:

Anyway to pay lic premium using amazon pay?

+1
Seems not bro

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Any cashback offers for paying LIC premiums…i pay around 1 lakh premium per year…. Am searching from long time… it’s totally gruesome… can’t find any offers even though we pay so much of premiums….

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