LIC of India has developed a user-friendly website called the Merchant lic india Portal that is especially designed for the convenience of LIC Agents for making premium payments. It is a secure online portal through which registered merchants can receive payments from customers using their LIC cards besides offering various other facilities.

The merchant can also view his account balance and check the transaction history, whereas detailed account statements can be downloaded online. It guarantees a smooth experience with effortless navigation and real-time updation. Moreover, it keeps track of multiple accounts; due dates for premiums and sends reminders to the customer. With its reliable system and security, LIC’s Merchant Portal makes handling payment and managing policies a stress-free affair for both the agents and merchants.

How can I become a LIC Agent or register on the LIC India Merchant Portal?

If you are already a registered merchant with LIC, you can sign up for the Merchant LIC India Portal by visiting the website and following the instructions given below. You will need to provide your personal, business and bank account details as required. Once your registration is complete, you can use your LIC card and start accepting payments from customers.

📌Step 1. Go to the official website www.licindia.in

📌Step 2. click on “Want to be a LIC Agent” under the “log in” section

📌Step 3. now you are redirect on “Register page”

📌Step 4. Fill out the registration form with your detail like personal number, E-mail, and details.

📌Step 5. Now Submit the form and go to your Gmail inbox and wait for your Activation Email

📌Step 6. Once you get the activation email, now open and click on the link to activate your account.

📌Step 7.Now you can Log in to the Merchant LIC India Portal using your Username and Password.

📌Step 8. Start Accepting Payments After activation, you can begin accepting payments from customers using their LIC Cards for various LIC-related services and premiums.

This process ensures that merchants can securely manage and process payments through the LIC Merchant Portal.

If you have any questions regarding the Merchant LIC India Portal or need help getting started, you can contact the customer service team at 022 6827 6827.

How to Login Merchant Lic India Portal?

If you’re a registered LIC Agent and want to log in Merchant LIC India Portal then you can simply follow these steps below:

📌Open any browser in your laptop/mobile and search “Merchant Lic india Login” or directly visit Merchantlicindia.com.

📌Then Click on Merchant LIC india Login here

📌A New page will open in the separate windows.

📌Now, Enter your username and password to log into the portal.

📌You will also be asked to complete a captcha to verify that you’re not a robot.

This is how you can easily Login into your Merchant Lic india Portal.

How to Update the LIC Merchant Email by OTP?

If you have forgotten your email of LIC Merchant Portal and if you want to change or update your Merchant LIC india Portal email then you can follow these steps:

📌Visit the Link: Go to the following link directly: https://merchant.licindia.in/LICMerchant/Login/begin.do

📌Click on Update Email: On the page, click on the option that says “Update Email Id to get OTP”.

📌New Page Opens: A new page will open where you can enter your details

📌Fill in Your Details: Enter your User Id, Password, and the new Email Id you want to update.

📌Registered Email Check: Ensure the email you enter is the one registered with your LIC Merchant Portal account.

📌 following these steps, you can easily update or change your email in the LIC Merchant Portal.

What are the charges of LIC Merchant Portal?

Using the LIC Merchant Portal and making premium payments is completely free of charge. However, some transactions, like payments made via credit or debit card, may incur additional charges. For more details, please consult your bank or financial institution.

How to reset Merchant LIC india Portal Password?

If you’ve forgotten your Merchant LIC India Portal password, don’t worry—resetting it is easy! Just few steps:

📌Visit the LIC Merchant Portal login page or go directly to https://merchant.licindia.in/LICEPS/portlets/util/forgotPassword/begin.do.

📌On the login page, click on the “Forgot Password” link.

📌A new page will open where you’ll need to enter your User ID and Email ID associated with your account.

📌Click on “Mail New Password” to receive a new password in your registered email.

📌Check your inbox for the new password and use it to log in.

📌Once logged in, make sure to change your password to something more secure.

📌That’s it! You’ve successfully reset your LIC Merchant Portal password.

Note: LIC recommends changing your password every 15 days for enhanced security.

What is the benefits of using the Merchant Lic India Portal?

The LIC Merchant Portal is one of the easiest and most efficient tools that will benefit both LIC agents and merchants in the management of transactions related to LIC. Here are some of the benefits:

📌Easy Premium Collection: The portal allows merchants and agents to accept premium payments from customers quickly and securely, using LIC cards or other payment methods.

📌Real-Time Access: Merchants have access to real-time data regarding their transactions, account balances, and premium payments for smooth operation.

📌Secure Transactions: The platform ensures safe and encrypted transactions, thereby protecting sensitive customer information.

📌Transaction History & Statements: Merchants can view detailed transaction histories, account summaries, and statements online, which helps with record-keeping and reporting.

📌Policy Management: The portal avails management of policies and details for policies and allows renewal of clients’ policies through the portal, thus making it easy to handle everyday operations.

📌User-Friendly Interface: The portal makes it simple to navigate in order for agents and merchants to execute the tasks easily with no technical challenges.

📌24/7 Accessibility: Since it is an online platform, it is accessible anytime anywhere, allowing agents flexibility and convenience in the management of work.

📌No extra Charges: There is no charge for collecting premium through the portal. It works as a free of charge solution for merchants.
Automatic Email Notification: Merchants and agents receive automatic emailing for successful transactions, payment, or renewal of policies to notify them about all updates.
Assistance by Customer Support Service: In case of technical issues, merchants can connect with customer support services for appropriate assistance.

All these benefits make the LIC Merchant Portal a great tool for the smooth flow of business operations, improving efficiency, and enriching customer experience.