Need A Financial Product › Forums › Insurance › Benefits of paying your LIC premiums through net banking/phone banking › Benefits-of-paying-your-LIC-premiums-through-net-banking-phone-banking_REPLY
October 4, 2014 at 12:36 am
#47665
Keymaster
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.