Need A Financial Product Forums Insurance Benefits of paying your LIC premiums through net banking/phone banking

This topic contains 1 reply, has 2 voices, and was last updated by  Kedar Shroff 3 years, 4 months ago.

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    Kedar Shroff

    What are the benefits of paying your LIC premiums through net banking/ phone banking?


    Dilip Dalvi

    The benefits for the policy holder are as follows: They can decide and authorize payments 24*7 because of the indispensable internet availability. They can issue a payment instruction within the comfort of their home or office just to avoid a visit to the LIC branch. They can save the time by not waiting in queues for making a payment and can avail the free service from the LIC as you don`t have to pay any charges. They can choose the bank account you want to pay from or from the bank accounts.

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