Payment Options
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Payment Options

On-line Options

NEFT payments

With the NEFT facility, you can pay your LIC Credit Card bills on-line through any Bank account. All you need to do is:

Login to the internet banking facility of your desired bank account and select its National Electronic Funds Transfer (NEFT) option.

Enter the following information correctly while transferring funds to make your Credit Card bill payment using NEFT facility:

Beneficiary Name Name as on Credit Card
Beneficiary Bank Name Axis Bank
Beneficiary Branch Name Mumbai
Beneficiary Account Number Your 16 digit LIC Credit Card Number
IFSC Code UTIB0000400

Visa Money Transfer

You can make payments towards your LIC Credit Card using Visa Money Transfer Facility. Visa Money Transfer allows you to make payment using any Visa Debit Card to make your Credit Card payment. Contact the Debit Card issuing Bank to know more about how you can use this service.

Online payment from Other Bank Account

You can make payments from any Bank account towards the outstanding on your LIC Credit Card. The option allows you to select a Bank of your choice and initiate payment towards your LIC Credit Card.

Offline Options


Choose the amount you would like to pay and simply draw the cheque/draft in the favour of ‘LIC Credit Card No (16 Digit credit card number)’. You can also drop cheques in any of the MINC Bill boxes. Visit for MINC bill box location.

Please ensure that:

The cheque is dropped in at least 4 days before the payment due date

The cheque is drawn on a local Bank

The cheque is not post dated

Cash Payment

Visit your Nearest Axis Bank Branch to make your LIC Credit Card Bill payment by Cash