Nov 9 2009

How to pay LIC Premium using SBI Credit Card?

Introduction

In this article I will be writing about the way how you can pay the LIC policy premium using the SBI credit cards. In my previous article I have explained how to pay the LIC policy online. It provides the option of paying only from the debit cards. In case if you want to pay it from the SBI credit cards, this article explains you with the step-by-step approach. Hope this article will be useful for those who want to pay the LIC using SBI credi cards. It is not for any other credit cards. Only for the SBI card’s bill pay option. If you have any doubts please post it in the comments section. Subscribe to our future articles here.

LIC Premium Using SBI Credit Card

Step 1 : Login to SBI Card Website

Open the website http://www.sbicard.com. There you will find the option to navigate to the bill pay section. In the below image I have marked that area in the red color.

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Step 2 : Register for the Bill Pay Service

First time user has the register with the service. Click on the option Register & Pay to get started.

2

Step 3 : Open Bill Pay Application

It will take to the login page for the Bill Pay section. There you click on the Register link and move to the registration page.

3

Step 4 : Submit the registration form

Fill all the details and register it. You can use these details to login to application.

4

Step 5 : Login to Bill Pay Application

Once login to the page, you can add the biller types and make the payment. Here we will see how to add the insurance premium as the bill pay. Click on the Register & Pay link.

6

Step 6 : Search for the Biller Name

As shown in the below screen, you can pay the insurance premiums for the listed insurers. Select the option and proceed.

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Step 7 : Add LIC as the Biller

Fill the insurance details and proceed. It will be added into the biller list.

8

Step 8 : Pay the LIC Premium

Note that, the payment option will be enabled only when the payment is due. For LIC, it will be enabled on the date of renew, and we can pay with in next one month of time.

9

Summary

I hope this article will be useful for those who want to pay the insurance premium using the SBI credit card. The process may be different for other credit cards. I will write about other credit cards when I have chance to use the service. Thank you for reading this article. If you have any doubts please post it in the comments section.

Subscribe to our future articles here.

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8 Comments on this post

Trackbacks

  1. How to Pay LIC premium online? wrote:

    [...] How to Pay LIC Premium Using SBI Credit Card? [...]

    November 16th, 2009 at 5:50 am
  1. Raghav said:

    Hi,you are posting quite useful articles must, be appreciated with you work.

    Are you posting alone??

    November 9th, 2009 at 10:16 pm
  2. krishnas said:

    Hello Raghav,

    Thank you for the comments. I am writing all the articles alone after doing the through research on the topic.
    I hope you have enjoyed all the articles. Please keep posting the suggestions if you have in mind. That would help me to
    write the next articles.

    Get Free Email updates:
    http://www.thinkplaninvest.com/subscribe/

    Thanks,
    Krishna

    November 9th, 2009 at 10:50 pm
  3. Raghav said:

    Thank you ..

    Some people fill the blogs for the purpose!! but each topic you are posting is worth reading …

    Its worth to invest our time in this blog !!!!!

    i have some doubts regarding shares and other investing options ,one day i will group all the doubts as one and mail you…

    I request you to clear them upon your free time.

    November 10th, 2009 at 2:29 am
  4. krishnas said:

    Hello Raghav,

    Thank you. I happy to answer your doubts. If you like this blog, share with your friends and let them know
    about this site and free subscription option here: http://www.thinkplaninvest.com/subscribe/

    Thanks,
    Krishna

    November 10th, 2009 at 2:43 am
  5. JK said:

    Appreciate your work!

    Could you kindly add details about how we can get the receipt for the payment from LIC when using BillDesk?

    December 18th, 2009 at 12:44 am
  6. Kuntal S said:

    Thanks for this article.
    I have one question. After paying the LIC premium using SBI card, how to get the premium payment receipt?

    January 28th, 2010 at 11:43 pm
  7. krishnas said:

    Hello Kuntal,

    There is one option for taking the print out of receipts.

    Thanks,
    Krishna

    January 29th, 2010 at 2:26 am

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