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

#47665
samkapoor77
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.