LIC Merchant Portal – LIC Merchant Login Complete Guide, Premium Collection

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What is the LIC Merchant Portal?

The LIC Merchant Portal is a web-based platform that allows authorized LIC merchants to collect premiums from customers. The portal provides a number of features that make it easy for merchants to manage their premium collections, including:

  • A customer search function that allows merchants to quickly find the information they need about a customer’s policy
  • A payment processing system that makes it easy for customers to pay their premiums online
  • A reporting system that provides merchants with detailed information about their premium collections

How to Login to the LIC Merchant Portal?

To login to the LIC Merchant Portal, you will need your username and password. You can find your username and password on the LIC Merchant Registration Certificate.

To login, follow these steps:

  1. Go to the LIC Merchant Portal website: https://merchant.licindia.in/merchant/merlogin.htm
  2. Enter your username and password in the login fields.
  3. Click the “Login” button.

If you have forgotten your username or password, you can reset it by following these steps:

  1. Go to the LIC Merchant Portal website.
  2. Click on the “Forgot Password” link.
  3. Enter your email address in the field provided.
  4. Click the “Submit” button.

A new password will be sent to your email address.

How to Collect Premiums Through the LIC Merchant Portal?

To collect premiums through the LIC Merchant Portal, you will need to follow these steps:

  1. Login to the LIC Merchant Portal.
  2. Click on the “Premium Collection” tab.
  3. Enter the customer’s policy number in the field provided.
  4. Enter the amount of the premium in the field provided.
  5. Click the “Collect Premium” button.
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The customer will be prompted to pay the premium online. Once the premium is paid, the merchant will receive a confirmation message.

Benefits of Using the LIC Merchant Portal

There are many benefits to using the LIC Merchant Portal, including:

  • It is a secure and convenient way to collect premiums.
  • It provides merchants with a number of features that make it easy to manage their premium collections.
  • It provides merchants with detailed reports on their premium collections.
  • It helps merchants to improve their customer service.

How to Become an LIC Merchant?

To become an LIC merchant, you must meet the following requirements:

  • You must be a registered LIC agent.
  • You must have a valid PAN card.
  • You must have a valid bank account.

To apply to become an LIC merchant, you can visit the LIC Merchant Portal website and click on the “Apply Now” link.

Conclusion

The LIC Merchant Portal is a valuable tool for LIC merchants. It provides a secure and convenient way to collect premiums, and it offers a number of features that make it easy to manage premium collections. If you are an LIC agent, I encourage you to consider becoming an LIC merchant.

Additional Information

  • The LIC Merchant Portal can be accessed 24/7.
  • The LIC Merchant Portal is available in English and Hindi.
  • For more information about the LIC Merchant Portal, you can contact the LIC Customer Care Center at 1800 22 7180.