LIC Credit Card Bill Payment: Online Methods, Charges & Benefits

Key Insights 

• More than 10,00,000 LIC Cardholders pay their bills online without waiting in line or completing paperwork every month.
   
• LIC’s secure BillDesk portal supports instant and 24x7 payments.
   
• You can avoid a lot of money in late fees each year with a simple reminder or auto-debit.

Carry out your LIC Credit Card bill payment on time. It is crucial to preserve a good credit history and prevent unnecessary interest fees. LIC provides a number of secure digital LIC credit card bill payment methods. It speeds up and simplifies the process for both LIC and Non-LIC customers.

You have the option to pay via Net Banking, UPI, NEFT/RTGS, or the official LIC Cards website. Each of these methods is made to make the process of LIC Credit Card bill payment simple.

Suppose you suddenly realize that today is the last day to pay off your LIC credit card bill. You do not need to panic. Simply launch the payment app of your choice, select BillDesk or UPI, and complete the transaction in a matter of seconds.

In this blog, we’ll explore all the simple and secure ways to pay your LIC Credit Card bill, along with quick guides and smart tips to make your payments smooth and stress-free.

LIC Credit Card Bill Payment - Online Methods

LIC offers multiple online payment channels that allow you to pay securely from any device. Here’s a quick look at the main options available for LIC Credit Card holders:

• LIC Cards Website (via BillDesk)
• Mobile Browser or App Payment
• Net Banking from any bank
• UPI Payment via BillDesk
• NEFT/RTGS transfer through any bank account

Let’s understand how to use each method step-by-step.

LIC Credit Card Bill Payment through Website

You can use the BillDesk payment gateway on the official LIC Cards website to pay your LIC credit card bill online. You don't need a LIC Bank account to use this method.

How to pay using a website:

1. Go to the LIC Cards Payment Portal.
2. Select "Pay Credit Card Bill."
3. Enter the payment amount, mobile number, and 16-digit LIC credit card number.
4. Select your preferred method of payment, such as UPI, debit card, or net banking.
5. Use BillDesk to safely confirm and finish the transaction.

Online payments typically appear immediately or within a few hours.

LIC Credit Card Bill Payment through Mobile App

The LIC Cards Services Mobile App makes it easy to pay your LIC credit card bill. You can check statements, see your outstanding balance, and make secure payments straight from the app.

How to use the LIC Cards App to make a payment:

1. Open the LIC Cards Services App after downloading it from the Apple App Store or Google Play Store.
2. Enter your credentials or registered mobile number to log in.
3. Navigate to the "Bill Payment" or "Payments" section.
4. Select between paying with a debit card, UPI, or net banking.
5. You will immediately receive a confirmation after entering the amount and confirming the payment.

Bonus Tip: The app is ideal for making fast payments while on the go because it's simple to use and helps you keep track of expenses and deadlines.

Bonus Tip: Set up UPI AutoPay recurring mandates in your UPI app so your LIC Credit Card bill is automatically paid every month. It will help you avoid late fees and missed payments. 

LIC Credit Card Bill Payment through Net Banking

You can simply pay for your LIC credit card through the Bill Pay or Credit Card Payment section if you would prefer to use your bank's own net banking portal.

How to use Net Banking to make a payment:

1. Access your bank's online banking account by logging in.
2. Select "Credit Card Payment" or "Bill Pay."
3. Choose LIC Credit Card as the payer.
4. Enter the amount owed and your 16-digit LIC credit card number.
5. Verify and finish the payment.

If these payments are made prior to banking hours, they are typically credited the same day.

LIC Credit Card Bill Payment through UPI

UPI is the go-to option for most users as it is fast, secure, and requires no login. LIC’s system is compatible with all, like Gpay, BHIM, PhonePe, etc. 

How to pay via UPI:

1. Visit the LIC Credit Card BillDesk portal.
2. Choose UPI as your mode of payment.
3. Enter your VPA (example: yourname@upi).
4. Approve the request in your app and done!

The payment can be made instantly through UPI and doesn’t require any extra effort. 

LIC Credit Card Bill Payment through NEFT/RTGS

You can easily pay your LIC credit card bill from any bank account using NEFT. If you want a safe transfer and prefer conventional online banking, this is perfect.

How to make a NEFT payment:

1. Access your bank's online banking account by logging in.
2. Select "Fund Transfer" and  "NEFT."
3. Use these details to add a new beneficiary:

• Name of Beneficiary: LIC Credit Card
• Account number: Your 16-digit LIC credit card number
• IFSC code
• Name of the bank

4. Enter how much you want to pay for the bill.
5. Verify and finish the transaction.

The payment typically appears in your card account within one to two business days after it is completed.

Tips for Hassle-Free LIC Credit Card Bill Payment

The process of Credit Card Bill Payments can be made quick, safe, and worry-free with a few smart tips:

• Try to pay your bill at least two days before the due date, which gives enough time for processing.
• Double-check your 16-digit card number before hitting confirm.
• You can pay at the last minute using UPI. It’s quick and reflects almost instantly.
• Always save your payment reference ID to track a transaction.
• Set a reminder or enable auto-pay so you never miss a due date again.

You can simply maintain a good credit score, stay on top of your payments, and avoid late fees by following these basic regulations.

Conclusion

Timely LIC Credit Card bill payment is essential to maintain a healthy credit score and avoid unnecessary interest or late fees. LIC provides multiple secure and convenient online payment options, including BillDesk, mobile app, Net Banking, UPI, and NEFT/RTGS. It caters to both LIC and non-LIC customers. By leveraging features like auto-pay, reminders, and instant UPI payments, cardholders can simplify their monthly bill management. They can also ensure timely payments, and stay in control of their finances effortlessly, anytime and anywhere.

FAQs on LIC Credit Card Bill Payment

Q1. Can I check my payment history for my LIC Credit Card?
Yes, you can check all your previous payments and statements anytime on the LIC Cards app or website.

Q2. What if my payment doesn’t show immediately?
It may take up to 2 working days if you used NEFT or net banking. Keep your transaction ID handy and contact LIC Cards if needed.

Q3. Can I pay my LIC Credit Card using UPI apps?
Yes. Enter your 16-digit LIC Credit Card number in any UPI app like Google Pay or PhonePe to pay instantly.

Q4. How do I set up auto-pay for my card?
You can turn on auto-pay from your bank account using the LIC Cards app or website under Auto Pay Settings.

Q5. Will I get a reminder before my bill is due?
Yes, LIC Cards send SMS and email reminders a few days before your due date.

Q6: What credit card do users recommend for paying LIC insurance premiums with good rewards?
Many users suggest using the SBI PhonePe/SBI Cashback card or HDFC Tata Neu Infinity for higher cashback/NeuCoins on LIC premium payments, and some also point to Axis’s LIC‑co‑branded cards as good options specifically for LIC spends.

Q7: Can I get cashback when paying my LIC instalment online?
Yes, you can earn cashback or rewards when paying LIC premiums online if you use certain credit cards or payment apps that run offers or reward insurance/utility bill payments, though not all cards do and terms vary by issuer and platform.

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LoansJagat Team

‘Simplify Finance for Everyone.’ This is the common goal of our team, as we try to explain any topic with relatable examples. From personal to business finance, managing EMIs to becoming debt-free, we do extensive research on each and every parameter, so you don’t have to. Scroll up and have a look at what 15+ years of experience in the BFSI sector looks like.