How To Change Lic Premium Payment Mode Online

People are currently reading this guide.

LIC Premium Payments: Ditch the Pigeon, Embrace the Digital (Unless You Really Like Pigeons)

Let's face it, remembering to pay your LIC premium can be a challenge. Life (pun intended) gets busy, that reminder you set for yourself mysteriously disappears into the abyss of your phone, and suddenly you're staring down a late fee that could rival the cost of a fancy pigeon (because let's be honest, if you were going to mail your premium, you'd probably use a pigeon, right?).

Thankfully, there's a way out of this avian-themed mess (and by mess, we mean potential late fees). LIC offers a variety of online payment options that are not only convenient, but also way cooler than strapping a tiny money bag to a confused pigeon.

But Wait! Can I Really Change My Payment Mode Online?

Hold your horses (or pigeons)! As of today, you actually can't initiate a change in your payment mode directly through the LIC website. We know, we know, it's like finding out your favorite superhero is secretly powered by lukewarm coffee. But fear not, there's still a way to ditch the paper checks and embrace the digital age.

Here's the (Pigeon-Free) Plan:

  1. Channel Your Inner Superhero (or Just Grab a Pen): Write a formal letter to your local LIC branch manager. Yes, it might feel a little old-school, but this is your official notification that you're ready to join the cool digital payment squad.

  2. Flex Those Writing Muscles (or Use a Template): In the letter, mention your policy number, the current payment mode (e.g., yearly, half-yearly), and the new mode you'd like to switch to (e.g., online payment). You can find plenty of letter templates online to make this easier.

  3. Pigeon Not Included (But Feel Free to Draw One on the Envelope if it Makes You Happy): Submit the letter to your LIC branch. You can either drop it off in person or send it via snail mail (just don't use a real snail, they're not exactly speed demons).

Pro Tip: While you're at it, consider asking the branch manager if there's a processing fee for the change.

Now You're Ready to Soar (Metaphorically, Not Literally)!

Once your request is processed, you'll be able to enjoy the wonders of online LIC premium payments. You can choose from various options like net banking, credit card payments, or even debit card payments. It's like having a flock of virtual pigeons at your disposal, only they're way more reliable and don't poop on your car.

So there you have it! With a little planning and a (possibly pigeon-decorated) letter, you can say goodbye to late fees and hello to the stress-free world of digital LIC premium payments. Now go forth and conquer your finances, one online payment at a time!

2023-03-11T15:12:01.963+05:30

hows.tech

You have our undying gratitude for your visit!