If you are looking for an LIC merchant, then you have come to the right place. They are a vital link between LIC policy buyers and the LIC itself. They not only collect premiums, but they also help consumers to lodge complaints and access the LIC system.
LIC merchants collect premiums from their customers through various methods. You can pay your premium in cash at LIC agents or pay through their customer portal. To login to the portal, you need your LIC user ID and password, your date of birth, and the preferred method of payment. Make sure that you are paying premiums for a valid policy. Premiums for policies under the Salary Savings Scheme cannot be paid online.