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LIC Merchant Portal Login, Registration and Premium Collection

Premium payment is the most essential thing to be done after buying a life insurance policy or health insurance policy from LIC of India. A hassle-free premium payment method is brought to the customers in the form of the LIC Merchant. The merchants are 100% authentic and trustworthy as appointed by the LIC of India.

For efficient and authentic functioning of premium collection, the LIC of India has provided a 'merchant portal' where all the task needs to be performed online. The merchants need to login in to carry out the premium collection.

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Lic Merchant Portal Guide

LIC Merchant Definition And Role

Merchants are the individuals appointed and involved in premium collection. They act as a linkage between the policy buyers and the LIC of India. LIC Premium Collection portal is an online portal where the merchant's login using their ID and password and follow the premium payment tasks.

The merchants can also view and update the details using merchant tools available on the portal other than premium collection.

We will be detailing how the portal functions and how one can log in to the account. But, to 'log in' into the account, the foremost thing one needs is the 'Login ID' and the password. There come times when one forgets the password of his/her account. In case one has forgotten the password then s/he need not worry because we have got a solution for the same:

If One Forgets Password!

In case of unavailability of password, the merchant can follow the below-mentioned steps:

  • Visit the LIC official website.
  • Click on 'Merchant Portal' mentioned in the 'Online Services' tab.
  • Click on 'Login'.
  • Go to 'Forgot Password' and click.
  • Enter the 'User ID' and 'Email ID' and click on the 'Mail New Password' option.
  • A mail will be sent to the email ID mentioning a new password.
  • Proceed by entering the password.

After getting an email containing the new password all one can do is set a new password as per his/her convenience. To do the same one can follow further instructions.

Life Insurance Companies

Compare and buy the most suitable Life Insurance Plan from the below-mentioned IRDAI-approved Life Insurance companies.

How To Change LIC Merchant Account Password?

For changing the password here are a few simple steps:

  • Visit the official site of LIC of India.
  • Click on 'Merchant Portal' mentioned in the 'Online Services' tab.
  • Click on 'Login'.
  • Click on 'Change Password'.
  • Enter 'User ID' and the current password.
  • Enter 'New Password' and 'Confirm Password'.
  • Thereafter click on the 'Reset' option.

If one remembers the account ID and Password very well then s/he is free to login following the below-mentioned steps.

Instructions To Login into LIC Merchant Portal

Here are the steps, one can follow to login easily:

  • Go To LIC official website.
  • On the left-hand, one can find 'Online Services', under that go to 'Merchant Portal' and click on 'Merchant Portal'.
  • Click on the 'Login' option.
  • Enter the details like 'User Name' and 'Password' asked in the portal.
  • Click on the 'Submit' option after filling the details

How To Update Email ID?

OTP is an important detail while one is handling an account and if one has not updated the 'Email ID' to get OTP then do not delay and follow these steps.

  • Visit the official site of LIC of India.
  • Click on 'Merchant Portal' mentioned in the 'Online Services' tab.
  • Click on 'Login'.
  • Click on 'Update Email ID To Get OTP'.
  • Enter the details like 'User ID', 'Password', 'Email ID'.
  • Click on 'Update'.

In case the LIC merchants face problems in login to the account then customer care assistance is always there to help them one can freely contact the customer care executive either on helpline number or through the mail. The details are as follows:

Call: 022-67090501/022-67090502

Email: /

LIC Merchant Portal FAQ's

1. Is it safe to pay through LIC Merchant Portal?

The LIC merchant portal is 100% safe and secure.

2. Can the Password of LIC Portal be changed?

The password can be changed easily. The article contains all the steps that can guide you to change the password.

3. Is it necessary to have an Email account for payment through the merchant portal?

Yes, the email ID is a must for OTP and without OTP you can face a problem.

4. I have forgotten my password, what should I do?

You can request a new password in case you have forgotten the password. The steps for the same have been explained above.

5. How can I contact the LIC representative for my queries?

The LIC customer care representative can be contacted both through call and email.

Call: 022-67090501/022-67090502

Email: /

6. Are the merchants officially appointed by the LIC of India?

Yes, the merchants work under the guidance of the LIC of India.

7. I want to change my email ID, What should I do?

The email ID can be changed easily by following the steps mentioned in the article.

8. I could not find the official website of LIC of India.

To reach out to the official site of LIC of India you can search by writing 'LIC of India' or you can click on the link mentioned below:

Explore LIC Of India

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Naval Goel

Reviewed By: Naval Goel

Naval Goel is the CEO & founder of Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of Insurance Web Aggregator.