How to pay LIC Premium using SBI Credit Card?

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 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.


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.


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.


Step 4 : Submit theĀ registrationĀ form

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


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.


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.


Step 7 : Add LIC as the Biller

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


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.



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.


  1. Praveen Thakur says

    Hi All,

    LIC has now added option to pay premium by Credit Card in their own portal. You need not to go via your Bank portal route.

    Following are the steps:

    1. Login to LIC website using your registered ID. 2. Click on “Pay Premium Online”
    3. Select “Policy Type” & “Premium Option” radio buttons and click “Submit”.
    4. Select “Pay Prm” check box for the policy(s) you want to pay premium for and click “Submit”.
    5. Select “Credit Card/Debit Card” radio button and click “Submit”.
    6. You would be redirected to IDBI payment gateway.
    7. For Credit/Debit card payments you would be charged “Convenience Fee” and “Service Tax” (Service Tax on is on Convenience Fee and NOT on entire premium amount).
    8. Complete the transaction by providing your card details.

    Praveen Thakur

  2. Cimbili Mohan Chowdary says

    Dear Sir,

    Pl.Send the details of how to pay LIC premium with SBI Creditcard through online.

    Thanks& Regards,


  3. Pratik says

    Tried to pay LIC premium but unable to get LIC option in insurance biller list. Please advise (


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