Merchant LIC Login, Registration, Premium Collection @ merchant.licindia.in

Merchant LIC Login – LIC (Life insurance corporation of India) is a very famous Indian insurance company. It provides various services and policies to the customer. The company was established in the year 1956 in India. LIC India offers different types of life insurance plans to its customer. It has the largest market share among other insurance companies in India.

The company appoints merchants which play the role of the linker between policy buyer/customer and LIC Company.  The merchants are appointed to ease the work of policyholders. Merchants collect the premium from the policy buyer and also update the policy details. The LIC India Company has introduced a merchant portal which helps them with their work.

LIC Merchant portal

LIC merchant portal is introduced for merchants; here they check the policy premium collection dates. Merchant can also update or edit the policy details in the portal. It is very important to make sure that premium payments are done timely after the policy had been purchased.

Therefore the merchants are involved in the premium collection to help the policyholders. Merchant can use the tools of the portal by logging into the portal. The merchant portal of LIC India requires a user id and password to log in. The merchant portal is only for the individual or agent who has registered as a merchant in the company.

LIC Merchant portal login

To access the services provided by the company in the portal the merchant has to log in. Now merchants can easily log in to the portal from the comfort of their home. Merchants can update policy details and complete premium payments through this portal.  Merchants can get to know the dates of the policy premium collection. To login into the LIC merchant portal follow the steps given below:

1. Visit the official portal of LIC
2. The website’s homepage will appear on the screen. Now you will see the online services menu.
3. Click on the merchant portal option.
4. Now you will be redirected to the new page, now select the “login” option on the new page.
5. Now on the login page, enter all the credentials like username and password in the required field.
6. After entering the details, you will see a question. Enter the answer to the question correctly in the field.
7. After this, recheck all the details and tap on the “submit button”
8. After submitting, you will be logged in successfully to the merchant portal

Merchants can now access various services and use tools available in the merchant portal. Merchants can update and view policies; they can know the dates of premium payment collection etc.

LIC Merchant Registration

Individuals can register themselves as a LIC merchant by filling the offline form provided by the LIC branch office. LIC agents, CLIAs, and qualified agents can register for the merchant. To register as a merchant follow the below-given steps:

1. Visit your LIC branch and get a merchant form for the registration process
2. Fill in all the details like contact and other details
3. You have to submit the form along with your ID proof, address proof, and bank details.
4. After submitting the company will check the details and your id will be activated in 7 days
5. You will get your login id and password after that you can log in easily using the LIC login portal.

Reset LIC merchant login password 

To login to the portal, you must have your login id and password. But if you forgot your password, there is no issue you can reset it anytime. Merchant has to reset the password by selecting the forgot password option. To reset your password follow the below steps

1. Go to the merchant portal from the website
2. On the next page, you have to select the “login” option.
3. Now click on the “forgot password” option.
4. Now a new page will display on your screen. Enter your user id and email id and tap on the “submit” button.
5. Next, the portal will send you a new password on the registered email id. Now you can use the new password to login into the portal. For more updates check Timesalert.

How To Change LIC merchant login password

Merchant can now change their password anytime they want. It is good to change your password timely to keep your account secure. After registration, the merchant should change the password which was given by the company. To change the merchant password follows the steps given below:

1. Visit the official portal of LIC
2. On the website’s homepage, you will see the online services menu.
3. Click on the merchant portal option.
4. Next, you will be redirected to the new page, now select the “login” option on the new page.
5. Now, click on the “Change Your Password” option
6. You will see a new page; now enter your account details and passwords.
7. Next, you have to enter your user name, existing login password, and new password in the required field.
8. After entering the credentials, confirm your new password and tap on the Reset option.
9. The portal will send you a message on your email id regarding the change of the password.
10. Now you will be able to use your new password to login to the merchant portal.

Update email id in LIC merchant portal

The merchant should update their email id in the merchant portal to get OTP. To update the email id in the LIC merchant portal follow the below process:

1. Visit the official portal of LIC India Go to the merchant login
2. Now, click on the login button and click on the “update email id to get otp” option.
3. Enter your user id, password, and email id
4. Now click on the “update” button

Conclusion

LIC India has introduced a merchant portal for the use of merchants. In this portal, they can view and edit the policy details. They can also know the schedules of policy premiums collection. Merchants have to log in to the portal using a login id and password to access services.