LIC Merchant Portal User Registration, Login @ merchant.licindia.in | LIC Merchant Complaints Number & Other Details – LIC Merchant Portal has been launched by Life Insurance Corporation of India (LIC) to make payment of premium easy and quick for the citizens. This portal helps LIC in maintaining strong customer relationships through seamless and hassle free interaction with registered, authorized, knowledgeable and fully trusted LIC Merchants Corporation. It is an online platform through which transparency is ensured with the consumers. In today’s article, we are going to provide you with all the information related to LIC Merchant Portal, like for what purpose this portal has been started and what are its benefits and eligibility etc. [Also read- Sahaj Jan Seva Kendra: Online Registration, Toll Free Number]
About LIC Merchant Portal
LIC Merchant Portal has been launched by Life Insurance Corporation of India (LIC), LIC insurance company is very famous in India, and its customers are present across the country. As per the agreement, after purchasing the insurance plan, the payment is required to be made as specified. Individuals are appointed by LIC business to contact and follow up on insurance policy payments. Citizens who are formally authorized to process customer payments are all Citizen LIC Merchants.
This portal has been started by LIC company for premium collection, to use it, special username, password and login information is required for all the traders. Additionally, the collection of premium solutions will also be facilitated through the LIC Merchant Portal, under which the service is completed using the online LIC link. Along with this, updates and changes in merchant policies can also be easily checked through this portal. Details of your customers can be checked through this portal without calling or visiting. [Also Read: What is Vivad Se Vishwas Scheme? Vivad Se Vishwas Scheme 2023 Complete Details]
Overview of LIC Merchant Portal
| Portal Name | LIC Merchant Portal |
| Launched By | by Life Insurance Corporation of India |
| Year | 2023 |
| Beneficiaries | LIC customers of the country |
| Application Procedure | —- |
| Objective | Maintaining strong customer relationships |
| Benefits | Strong customer relationships will be maintained |
| Category | Central Government Schemes |
| Official Website | https://merchant.licindia.in/LICMerchant/Login/begin.do |
Who is LIC Trader?
LIC is a major insurance corporation run by the Government of India, which has implemented merchant registration to ensure smooth operations. These traders act as a liaison between the merchant insurer and its customers, and are also selected by the corporation. Under this, all merchants have a separate user ID and password to log in to their own portal. LIC itself provides high quality training to the traders to enhance their effectiveness.
Under this, their main function is to collect the premium for the business, a part of the premium received from the insurance policies sold by the traders is used by the company to provide commission to the traders. In addition, the information can also be inspected and amended by traders using various merchant tools. LIC Merchants are like LIC Offices, LIC System can be easily used by them, through which Merchants are able to read various policies on customer data, these policies include loan, surrender, policy details etc. [Also Read- UIDAI e Learning Registration: e-learning.uidai.gov.in New Portal, Login & Certificate Download]
What are the Functions of LIC Traders?
LIC Merchants can also offer their customers over 50 product combinations of the Corporation with riders in addition to premium collection. The corporation is quite helpful to all its traders, due to which various unique market and sales tools have been introduced by the corporation to make the work of the traders flawless. The sales, promotion and marketing collateral provided by LIC will help the merchants to take their business to a new level, under which the functions of LIC merchants are as follows:-
- Pay challan online
- Update any pending invoices
- Raise challan for recovery of premium
- Invoice making proposal with cashier
- Pending invoices
- Deposit invoice
- Paid Invoice Questions
- Total for cashier
- Receipts can be viewed etc.
Procedure to Login under LIC Merchant Portal
All the citizens who want to login under LIC Merchant Portal can login under this portal as follows:-
- First of all, you have to go to the official website of LIC Portal, after that the homepage of the website will open in front of you.
- On the homepage of the website, you have to select “Merchant Portal” from the “Online Services” list, after that you have to click on the option of login.
- Now you have to enter username and password and click on continue option, now you have to send all the information.
- After this you have to click on the submit option, now you will be logged in to the portal, you can login by following this process.
Login to LIC Merchant Portal if You have Forgotten Your Password
- First of all, you have to go to the official website of LIC Portal, after that the homepage of the website will open in front of you.
- On the homepage of the website, you have to select “Merchant Portal” from the “Online Services” list, after that you have to click on the option of login.
- Now you have to click on the option of FORGOT PASSWORD, after that you have to enter your valid email address and user ID, select the option of “Mail New Password” from the menu.
- A new password will be sent to the email address verified by the system, you have to enter the password to access the store page, you can reset the password by following this procedure.
Procedure to Change LIC Merchant Password Online
- First of all, you have to go to the official website of LIC Merchant Portal, after that the homepage of the website will open in front of you.
- On the homepage of the website, you have to select “Merchant Portal” from the “Online Services” list, after that you have to click on the option of login.
- Now you have to click on the option to change your password, after that you have to enter your username and current password.
- After this you have to enter the new password, confirm this new password, then click on the reset option. You can change the password by following this procedure.
How to Update Email ID in LIC Merchant Portal to Receive OTP?
- First of all, you have to go to the official website of LIC Merchant Portal, after that the homepage of the website will open in front of you.
- On the homepage of the website, you have to select “Merchant Portal” from the “Online Services” list, after that you have to click on the option of login.
- Now you have to click on the option of “Update Email ID and get an OTP”, after that you have to enter the correct User ID and Password.
- After this you have to enter the email address, now you have to click on the update button, by following this process you can update the email id under the portal.