Are you considering setting up an automatic debit for your LIC policy through your bank? This comprehensive video guide will walk you through the process, ensuring that you won't need to visit any LIC agent or office or fill out any forms after watching it. You can complete the entire process from the comfort of your home using just your mobile phone.
Essential Details Required:
Before diving into the process, gather these key details:
- Policy Number
- Policy premium amount (excluding tax)
- Policyholder's Date of Birth
- Debit card or net banking information (one of these is mandatory for processing)
Step-by-Step Process:
1. Accessing LIC's Website:
- Go to the LIC website and navigate to "Other Online Services."
- Click on "Online eNach eMandate" to proceed.
2. Initiating the Process:
- Click on "Click to Proceed."
- Ensure that your policy's next due premium is at least 16 days away.
3. Verification and Details Entry:
- Fill in your policy number, premium amount (without tax), Date of Birth, and the captcha. Click on "Verify."
4. Reviewing Policy Details:
- Review your policy details displayed on the screen.
- Proceed further to select your bank and enter bank account details.
5. Bank and Account Information:
- Choose your bank from the list provided.
- Select your account type (savings or current) and enter your account number twice.
- Choose the preferred method for completing the process—debit card or net banking—and proceed.
6. Entering Debit Card Details:
- Input your debit card details and click on "Continue."
- Verify the received OTP to proceed with the transaction.
7. Final Confirmation and Completion:
- Click on "Redirect" to finalize the process.
- A successful transaction message along with a request ID will confirm your eNACH application.
By following these steps, you've successfully set up auto-debit for your LIC policy. All future premiums will be automatically deducted from your bank account. You'll receive a confirmation text message once the process is completed.
Conclusion:
With this video guide, you can easily apply for eNACH in your LIC policy. Should you encounter any errors or issues during the process, feel free to comment below, and I'll be glad to assist you.
eNach ko Apply Karne ka Complete Tarika Step by Step Video me Dheke.👇
Tags - #LICPolicy, #eNACH, #AutoDebit, #InsurancePayments, #OnlineServices, #Banking, #PolicyManagement, #PremiumPayments, #FinancialServices, #MobileBanking, #DebitCardPayments, #NetBanking, #DigitalPayments, #FinancialPlanning, #InsuranceManagement,