Friday, 4 May 2018

How to pay LIC premium through Paytm Step By Step In India

Now you can pay the insurance premium of all the life insurers through Paytm including LIC of India.  Let us know how to pay LIC insurance premium through Paytm Step By Step.

1. Paytm App

To pay you LIC policy premium open your Paytm app or visit the website of Paytm through the desktop. If you do not have the Paytm app on your mobile, you can download it from Google Play Store or Apple app store.

2. Choose insurance to pay your LIC premium
You will see different bill payment option at the homepage of the Paytm application. Choose Insurance Tab from these bill services. There is on more tab about insurance is available it is  Life Insurance, this tab is to buy new life insurance plan and not for payment of renewal premium of your old policy. Please see the screenshot below.

3. Click on LIC logo
After choosing Insurance, a new page will open. Here you will see Select your Insurer. Click on it and now you will able to see name and logo of all the insurance service providers. To pay the premium of LIC of India policy, simply click on the LIC logo.

 4. Enter your 9 digit LIC policy number
 When you click the LIC logo on the previous page, you will be redirected to the new page. Here you will see LIC of India written on top and you will see a place to provide your LIC policy number. Just type your 9 digits LIC policy number and click the Proceed Button provided below.

Read Alos Home Loan Protection Plan Vs Term Insurance Plan In India

5.Paytm will fetch your information from LIC server.

When you click Proceed, Paytm will fetch your premium-related information from LIC servers. On receiving your policy details it will be shown to you on screen. You will be able to see you Policy NumberName of Policy HolderPremium due date, Number of the installment due and amount to be paid (including tax). Please review all your policy details, if found right, click on Proceed to make payment.

6. Policy-related information will be displayed.
Next, you will see a deal page provided by Paytm and its affiliates. You can choose any deal at your will or can proceed without choosing any deals or offers.

7. Choose any offer (if you want) before proceeding for payment.
Next page will be related to payment. If you have sufficient balance in your Paytm wallet, simply pay your LIC premium using the wallet balance else pay through other available options like credit carddebit cardinternet banking or ATM card.

8.Pay through any payment option

Read Also How To Choose The Right Term Insurance

After successful payment, you will see a confirmation page, showing a success message, the amount you paid, Paytm Oder Id and your LIC policy number for which you have paid the premium. If you want you can rate the experience your payment on this page also.

9. Payment Confirmation page 
You will receive a message on your mobile number and email Id associated with Paytm. LIC premium will take 2-3 days to reflect your payment.

10. Payment information through SMS


  1. Anyone can pay the premium through various online options. If anyone selects Medical Insurance Plans in India at Cover 360 and he/she wants to premium online then he/she can move ahead.

  2. Good-day, I'm Josef Lewis. A reputable, legitimate & accredited lender. We give out loan of all kinds in a very fast and easy way, Personal Loan, Car Loan, Home Loan, Student Loan, Business Loan, Inventor loan, Debt Consolidation. etc

    Get approved for a business or personal loans today and get funds within same week of application. These personal loans can be approved regardless of your credit and there are lots of happy customers to back up this claim. But you won’t only get the personal loan you need; you will get the cheapest one. This is our promise: We guarantee The lowest rate for all loans with free collateral benefits.

    We strive to leave a positive lasting impression by exceeding the expectations of my customers in everything I do. Our goal is to treat you with dignity and respect while providing the highest quality service in a timely manner. No social security Number required and no credit check required, 100% Guaranteed. Kindly respond immediately using the details below if interested in a loan and be free of scams..

    Call/WhatsApp: +16626183756

  3. very nice post,wonderful information About Paytm payment.
    Thanks for sharing us!

    Metis Marketing Services Pvt Ltd

  4. Thanks for sharing a part of your expertise through this blog
    health insurance plans in india

  5. Hi,

    Thank you for sharing your blog. It provides a lot of relevant information. We, at policy 21st also offer health insurance policy which are full of benefits. We give you facility such as cashless hospitalization, and also cover the expenses for pre and post hospitalization. There are benefits of Health Insurance with us. Also, the customers can avail the cashless claim at th network hospitals or get the easy reimbursement.


Insurance24x7 is an Insurance blog for all insurance information. On this blog, you can get Car, Health Insurance & Life Insurance articles.