Need A Financial Product Forums Insurance Organizations are authorized to collect LIC premiums through their net banking / phone banking facility?

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    Shashidhar
    Member

    Which organizations are authorized to collect LIC premiums through their net banking / phone banking facility?

    #47669

    Girish Dutt
    Member

    There are organizations that are authorized to collect premiums and some of the authorized banks are namely HDFC bank, Bank of Punjab, UTI bank, Federal bank, Corporation bank and Citibank. These banks provide the service of providing the facility of collecting LIC premiums through the facility of net banking or phone banking facility. There are authorized service providers that are available only in selected cities are BillJunction.com, Timesofmoney.com and BillDesk.com.

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