As you all know that LIC is a widely used platform and well-known as well as popular platform and LIC of India and its official site that offers and insurer a Premium payment as well as other facilities related to insurance. This onlinelic.in web portal has stood to be a reliable platform that helps LIC members to access various information such as Latest LIC plans, Member Login, and Login for Agent, Premium calculator and more.
This onlinelic.in website consists many information as well as products for both clients and agents like products, group schemes, premium payment, Plan NAV, Join our Team, Locator tab and more.
Addition to this, the website includes all the LIC’s service at the single place, corporate website and even the payment of premium via online link to its main page that are beneficial for all its consumers and agencies connected to it for the checking out of the LIC Solutions.
LIC Merchant Portal Login
For all the associated policy holder, online transactions facility is really helpful and has major advantages. The easy pleasure is that you are able to produce your premium payment online via mere clicks rather than physically searching and visiting LIC offices every now and then for the same service utilization.
The other best thing is that you can easily file you premium directly online. This can be done either via Net banking, Debit Card, Bank card or more. So no matter whatever means you are using there, you can conveniently pay your premium online easily. And for this Below given succinct guide is dedicated for you.
The LIC of India has included the Idea of Online payment by presenting you LIC of India-LIC Merchant Login Portal online for its new customers, Merchants and Agencies that are practical and easy as well as best method and this produces a normal fees which you can do by sitting anywhere in the planet.
A trusted website that is of LIC of India Online website www.Onlinelic.in has truly helped in cutting back the energy of consumer for visiting all the LIC offices and this way offices can crate advanced Obligations in order to avail various policy related features in window 10.
LIC Merchant Portal login – Step by Step Process
Now when you are using any plan from LIC and have already registered with online portal then simply will have to follow the step by step procedure about this LIC Merchant Portal login in this case first thing first you will have to visit the official site of LIC Merchant portal via the given link merchant.licindia.in
Open the default browser of your computer but make sure it is already connected with the internet nearby you, or the active Wi-Fi.
Now in the URL bar of your browser, simply type the above given link merchant.licindia.in and press the enter button of your browser and this way you have started Login procedure LIC.
On this portal you will be shown a separate portal of Merchant premium collection and in order to make this lic merchant net portal login you will see a Login button already present on the top right corner of the page.
Click on that Log In button there and this takes you the other main Lic merchant portal login page.
This page consists of two main sections, one is Username and the other one is related password that you want to enter there.
Enter the correct Lic merchant premium portal login details there and make sure at the time of entering your username and password there, you enter it correct in the right section, assuring that this is already associated with the registered account of Lic merchant portal.
Now in the procedure of Lic merchant portal agent login you further will have to enter verification code asked you there and finally, submit all the data right there.
You are done, now you can enjoy all the related service and benefits relating to ‘Lic india merchant portal login’.
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Change Your Current Lic merchant online portal login Password:
Since you have to be connected with Lic merchant portal for a long run, many a times it becomes quite difficult for anyone to remember online account password that are for Lic sba merchant portal login and in that case you simply should be known.
This so happens many a times that in order to regain a new password to change already existing one from earlier, you want to change one for you. Now the thing is that once you want the same to be down then you are given direct link on your Lic merchant collection portal login page and as you follow the direct link for change password, you will be taken to the other page.
There on that page, you are given 4 section and among them, one is its user ID, then your past password and then you have two section among which you have two sections for new password setup.
So, enter your new password two times and click on Reset button that is available below. Now you are done.
This new created password can be used for your next time easy Lic merchant id portal login and benefit utilization.
Once you have successfully make a Login to your Merchant account, you have many choices available underneath such as Cashier Login, Produce Advanced collection Bill. Proposal Deposit Bill and more.
The other step is going to be creating a Cashier bill this can be used by entering cashier identification and password. All-in One Advanced collection are performed under the same cashier account.
Now since there is a vendor account for that, a person can simply collect and cover not more than 20 plans at a time.
Under the payment mode or how the payment is made, you have two main options only, one is for Cash payment and the other one is for Cheque and Cash Payment.
Yes, you have another limitation and that is for merchants and empowered Agents as well as senior business associates is that they can only make collection via Axis Bank or LIC Branch office.
Once the user have provided all the necessary information there, He/She can simply click on ‘Confirm’ button avialble below and this you can print as invoice as well.
In order to recover your forgotten password last time that you have used you have a separate option available there and this helps you in recovering the last password you had set. Rest in order to get one as forgotten password, you can simply try out the below given step by step procedure here:
First thing first, you will have to visit the official link of merchant.licindia.in address bar and this takes you to the Login page directly.
There on the page, you have the option of ‘Forgot Password?’ option available.
And you will have to click on that link and as you click on that, you will be taken to the other page where you have the option of enter your User ID and email address.
So, enter correct User ID and also right Email ID in the section there and then click on ‘Mail New password’ option present right below.
As you do that same, you will be notified that you are done. Check out your email address and there you are going to find one link.
Follow that link and this takes you to the other page. Create your new password here. Sometimes you will be sent with a Password directly to your inbox and this you can use for your next time easy logging procedure. And can utilize the service to the best.
Update Your Email ID or Get OTP
Now the matter is that to get your Email ID updated or get the OTP for direct login to the Lic login portal, you have a simple way out on the direct Lic merchant portal complaints email ID updated or simply OTP directly.
So, for this, first thing first, you will have to land onto the main LIC Merchant portal complaint Login page.
Here you have the option of ‘Update Email ID to Get OTP’ and as you click on this link, you will be taken to the other page, where you will have to enter your User ID, followed by the already using login Password and then the email ID.
As you enter all the details correctly, simply click on Update button available below and this way you will be notified about the email that you have been sent onto your email.
Now open your email address and there you will find an OTP to use for your online service utilization process.
You are done. This way you have utilized two in one process, one is the updating of email address and another way is getting OTP for next time easy login procedure.
LIC Merchant Customer Care
Now while you have every tiny information that are helpful and required in many cases for you and related service utilization of it, you are further given the customer care executive number that can be traced around India and this is accessible 24/7.
You can simply try our any of the given customer care details including the contact number of it and email address that you can use for your further contact with LIC merchant service query.
- LIC Customer Care Number: 1800-33-4433, 1800-22-4077 (toll free helpline)
- LIC Customer Care Email for Online Transaction/Payment Issues: firstname.lastname@example.org
- LIC Toll Free Number: 1251
How can I check my LIC policy without registration?
2) Check LIC Policy status without registration through SMS-
Below are the codes for the same. PREM (Premium)-To check the premium due for your policy. REV (Revival) -If a policy already lapsed, then to check the revival amount payable. BONUS-Amount of bonus accumulated as of today.
How do I pay my life insurance premium online?
You can pay your renewal premium online in 3 simple steps by using a Credit Card, Debit Card, or through Net Banking.
Step 1: Enter your policy number.
Step 2: View policy and premium information and confirm the details.
Step 3: Make your payment.
How cash is surrender value of life insurance calculated?
The longer a policyholder maintains a policy, the lower the percentage the insurer will charge in surrender charges. The cash surrender value is then calculated by taking the full cash value and deducting the surrender charges, plus any unpaid loan principal or interest on the policy.
How much tax do I pay on LIC premium?
The applicable tax rate on annuity plans would be a marginal 1.8% instead of the current 1.5%. For single premium policy or endowment insurance plan, GST for first year premium amount has been increased from 3.75% to 4.5%. Subsequently, for renewal premiums, it will be halved of the first year rate, which is 2.25%
How can I check my LIC policy maturity?
If you have an LIC policy and you can check details / status of your LIC policy via LIC portal (www.licindia.in), by phone or by SMS. You can check the status of your LIC policy online by policy number, make the premium payment online, print receipt, check premium payment calendar, surrender value details, bonus etc.
What happens if I stop paying LIC premium after 5 years?
On surrendering the policy after three years, the insurance company will pay you a guaranteed surrender value equal to 30% of all premiums paid after deducting the first year’s premium. Jeevan Saral is also an endowment policy. … 90% of the Maturity Sum Assured, if you have paid for 4 or more years but less than 5 years.
Seen all the procedure and information surrounding LIC Merchant portal login then you might be clear by now about the procedure of accessing online LIC account and not only that you are also given a password recovery procedure including, the process of changing and updating your new password for your next time easy account access and more.
Rest as you further proceed with the information, you also have seen about how to update your email directly and get OTP for your next time easy login procedure.
Rest if in case, apart from the given information above regarding LIC Portal and its service utilization, you have any feedback, query or opinion, then the below given comment section is going to helps you with the same and get it resolved.