How to Pay LIC Premiums on PhonePe app

This video is a complete Guide about How to pay LIC premiums on PhonePe app, from your Android phone.

Steps to follow:-
1) Install PhonePe from Play Store (Sorry its Phone pe, not PhonePay)
2) Open PhonePe app and Sign in to PhonePe using your Mobile Number
3) You will receive an OTP on your mobile to confirm your mobile no and activate your account.
4) Go to Recharge and Pay Bills.
5) Go to Insurance Premium.
6) Look for Life Insurance Corporation (LIC) in the list of Insurance Companies
7) Click on L.I.C
8) Enter your Policy Number and Email Id
9) Click confirm —–> Your Policy detail with Name, Policy Number, Late Fee if any, Total Premium Due is displayed.
10) Choose Payment options like BHIM UPI, Debit Card or Credit Card
11) Enter Card details and Pay.
12) Enter OTP received on your mobile no Linked to your Bank Account.
13) Click Proceed
14) Payment will be deducted from Bank Account and you will receive an SMS notification from Bank
15) Policy Payment Receipt will be sent to the Email Id entered while paying the Premium.

If you come across any difficulty about, How to pay LIC premiums online using PhonePe app, please feel free to comment below.

If you wish to pay the premiums using the GPay app, please read the post at: Pay LIC premium on GPay