Online Payment Of Lic Policy Loan

You can avail LIC loan online through some clicks of your mouse The loan is a multipurpose loan which can be used for any financial need that you have Since LIC policies can be taken for longer durations you get a longer repayment period to pay off the loan affordably. Most lenders will only charge interest on the sum that you borrow.

Loan Against Lic Life Insurance Policy Hindi Do You Know You Can Take A Loan Against Lic Life Insurance Policy Or Life Insurance Policy Loan Life Insurance

The prevailing interest of the loan is around 10.

Online payment of lic policy loan. The payment gateway PG initiative is an important component of the offer. Select between the Renewal PremiumRevival and Advance Premium payment Option. On the home page you will find the option of Online Loan under the Online Service section head.

Click on Online Loan tab which is available under Online Services. LIC can call for repayment of loan and interest by giving 3 months notice. Renewal premium can be paid for all in force policies excluding policies under Salary Saving Scheme policies registered for premium payment through NACH.

Unable to make payment online. Yogakshema Building Jeevan Bima Marg PO. Everyones time is saved and LIC gets money deposits quicker without missing payments.

Loan interest cannot be paid under VPBY and PMVVY plan policies. On successful registration the customer will have access to information regarding status of policys loan revival premium due policy calendar maturity calendar etc. There can be multiple reasons for not being able to make payment online-Policy is in lapsed condition which is generally after 6 months from last premium due date.

Six months is the minimum period for which a loan can be granted from the date of its payment. Non-registered policy holders will have to use Pay direct link provided at LICs Portal. LIC offers an option to its subscribers to apply for a loan on its online portal.

The policy number should be between 6 to 9 numbers only. In such case kindly contact nearest LIC branch for revival of policy. Happy Customers No Queue lines Staff is not overloaded.

Interest on loan is payable half yearly and you can pay it online. LICHFL enables onlineNEFT pre-payment of Principal amount in digital age of e-commerce and internet. LIC can also foreclose the policy and use proceeds to settle the loan if you do not pay interest within 30 days from the due date.

Once click on Check Pay button you will be redirect to payment gateway site where you be making the payment. Online Loan repayment and loan interest payment is available for all existing loan holders. You will get the home page as shown below.

Now select all the policies for which you would like to pay the Premium. A flat fee for Debit Card and Net Banking transactions is absorbed by LIC. The online way of getting a loan against an insurance policy is available only with the insurance companies.

If the loan is not settled LIC can foreclose the policy and use policy proceeds to settle the loan. Now click on the Registration user block. Now click on the LICs e-services it will lead to a new page.

Box No 19953 Mumbai 400 021 IRDAI Reg No- 512 For any query regarding this website NOT FOR ANY PRODUCTS AND POLICIES please contact the Web Information email id - co_ccatlicindiadotcom Life Insurance Corporation of India Administrative Officer Corporate. On the dashboard click on Online Payment. Here is the step by step process of LIC Premium Online Payments.

Both registered as well as non-registered portal users can use this facility for their existing loans. Visit the LICs Homepage. Dear Policyholder Please submit Bank Account Details NEFT to LIC - Click here to Download NEFT Form PLEASE REGISTER IN CUSTOMER PORTAL FOR AVAILING ONLINE SERVICES Basic Safety measures to fight against Coronavirus DiseaseCOVID-19 Breaking News.

You can borrow high value loans with your LIC life insurance policy since the amount that you can borrow is subject to your policys surrender value. Process of LIC premium Online payments. Select the LIC policy which you want to pay premium and click on the Check Pay button.

The process is fairly simple which is described as below Register yourself on LIC portal. Ready for online LIC payment. If you dont pay the principal of the loan the amount will be deducted from the maturity amount of the policy.

As I stated above recently LIC started the online facility to avail Loan Against LIC Policy. Interest will not be charged on the entire loan amount. You can now have many of the functionalities that were available only at a branch office online at your fingertips.

You can track your loan details through online and offline channels. Be an Agent Individual Plan NAV. LIC premiums can now be paid at the nearest CSC centres throughout the country.

When you will click on the Online loan option you will be redirected to a new page. The steps are here as below. You have to go to the LICs home page and press the online loan button which is present in the online services tab or you can click here to go directly at.

Visit the LIC website wwwlicindiain or wwwliconlinepayment. Win-Win situation for everyone. Policyholders may use the Feedback link to send their queries and valuable suggestions.

Online Payment Gateway is LICs initiative to provide you with on demand service within a few clicks. Payment of premium is allowed from1 month prior to the due date till the policy is in force. Enter your login credentials along with the date of birth to log in to LIC Portal.

On this page you will find two options first option is of loan repayment of interest payment while second option is for submitting Online Loan Request. Along with this you can even repay your interest or principal part of the loan using the online platform. The way to apply for the loan and pay online applications is like this.

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