LIC premium


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gujju   
Member since: Jul 03
Posts: 59
Location: Toronto

Post ID: #PID Posted on: 01-11-03 13:01:35

How do I pay my Electricity (AEC) and LIC premium online from Canada?
I have checked with HDFC bank but they have a limit of 5 policy for LIC.

Is any other service available?


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DesiTiger   
Member since: Aug 03
Posts: 1205
Location: Mississauga

Post ID: #PID Posted on: 01-11-03 20:39:36

I think CitiBank as a bill pay service but I'm not sure.


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rajcanada   
Member since: Jul 03
Posts: 2713
Location: Kitchener, ON

Post ID: #PID Posted on: 01-11-03 22:00:00

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c_milind   
Member since: Sep 03
Posts: 11
Location: USA

Post ID: #PID Posted on: 03-11-03 02:50:21

Please see the FAQ on NRI on the LIC website. You can also pay using Billjunction.com or Timesof money.com using your international Credit Card.

What I understand from your Query is that you have a LIC policy in Indian Rupees. When you pay the premium in Indian Currency using any of the methods then your policy maturity proceeds will be paid to you in India in Indian Rupees.

If you need the Maturity Proceeds in Foreign Currency then you have to Take permission from RBI and Pay the premiums also in Foreign Currency.





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