How to set auto pay for LIC policy in Yono SBI?

 

Hello friends, in this blog we are going to discuss on how to set auto pay for LIC policy in Yono SBI? If you are a SBI customer and you have also a LIC policy. You are paying LIC premium online. But sometimes you have forgotten the due date of your policy.

 

In such situation you failed to pay the premium on time and you need to pay some extra money as penalty while you go to pay the premium lately. In this condition you may prefer auto pay of LIC premium. But you don’t know how to set auto pay for your LIC policy?

 

That is the reason why we are discussing this topic. If you want to know how to start auto pay for LIC policy in SBI then read this article till end. Because of we are going to describe the step by step process of the whole procedure.

 

How to set auto pay for LIC policy in SBI:

We all know the process of how to pay LIC policy online. But in this process how to set auto pay for LIC in SBI Yono you need the policy number, premium amount of policy. Keep both data handy and follow the following step.

 

STEP 1: Go to your mobile and login to Yono SBI mobile application.

 

STEP 2: As you logged in to your account you will find an option ‘Bill Payment’ on the dashboard of your account. Click on this option here.

 

STEP 3: You will be redirected to Yono SBI bill payment page. In this page on the bottom right corner of the page you will find an option ‘Pay & add billers’. Click on this option here.

 

STEP 4: Now a list of various category will be appeared on the screen. Click on the category ‘Electricity’ out of them.

 

STEP 5: A form will be appeared. Here first of all you have to select biller name as ‘Life Insurance Corporation of India’. Enter a nick name of biller, policy number, instalment premium, email Id, receipt type and mobile number. Enter all the details correctly trick on the box ‘Auto Payment’ and click on ‘register’.

 

STEP 6: Once the detailed you have entered will be displayed on the screen. Check the details displayed on the screen carefully and click on ‘confirm’ button if all are OK.

 

STEP 7: Biller added successfully message will be displayed on the screen.

 

This is the process how to start auto pay for LIC policy in SBI Yono. This process can also be seen on the following video. If you want to see the live process then watch the video.