Who is eligible to avail of this facility? This service is exclusive to HDFC Bank account holders. This facility is currently available across India. i.e for policies issued by LIC through its branches at all the locations mentioned above.
How does one register for this facility? Any HDFC BANK savings account holder (either or survivor mandatory in case of joint account) and sole proprietor current account holder can register for this facility by filling up a form available across HDFC BANK branches. (To open an account click here)
In case you already hold an HDFC BANK savings or current account you may download the form, fill in the relevant details and deposit at any of our branches. You will receive confirmation of registration from HDFC BANK.
You can pay premiums of a maximum of 5 (five) life insurance policies. You or any of your near and dear ones could hold these policies. Please ensure that the correct details of the policy are submitted in the form.
Will I get a receipt from the bank? LIC will send the receipt of payment received as per normal process. Your HDFC BANK account statement will also contain the details of the insurance premium paid.
Through NetBanking You need to register for NetBanking to avail of this facility. Click here to apply.
Log-on to NetBanking
Select the bill payment option
Select LIC of India
Details like bill amount (inclusive of interest if any) and due date will be displayed.
Confirm the payment
A confirmation of the transaction of the bill amount from your account and a reference number will be given.
Through MobileBanking You need to be registered for MobileBanking to pay your bills from your Mobile Phone
Bill Presentment Stage (Step-by-Step)
SMS Keyword to be keyed in HDFCBIL
For Electricity, Telephone and Insurance Companies, the following Bill Details will be displayed on your Mobile Phone Screen. For example for MTNL phone bills
Co. ID
LICM (Name of the Company)
Co. Mnemonic
HOME (4 lettercode assigned by you)
Consumer No.
7526541 (consumer number is the number that is given to you by the utility company)
Due Date
31/12/2000
Due Amt.
Rs. 1,000/-
Debit A/c No.
7109876543210 (your account no. from which the payment will be made)
Bill Payment Stage (Step-by-step)
SMS Keyword : HDFCPAY
To pay your LIC insurance premium, enter the following Text Message:
HDFCPAY <Company Id><Company Mnemonic>
If you are not an HDFC Bank customer, open an account, right away. Register Now!