LIC eNACH Registration: Life Insurance Corporation of India (LIC) is one of the most trusted insurance companies in India. To make the premium payments of policies easy and hassle-free, LIC offers an eNACH (Electronic National Automated Clearing House) registration system. This system helps policyholders pay their premiums automatically from their bank accounts without remembering due dates.
In this article, we will explain everything about LIC eNACH registration, its benefits, and the step-by-step process to set it up.
LIC eNACH Registration
| Feature | Details |
|---|---|
| Service Name | LIC eNACH Registration |
| Full Form | Electronic National Automated Clearing House (eNACH) |
| Official Website | enach.licindia.in/LICNACHClient |
| Purpose | Auto-debit of LIC premium payments from the bank account |
| Benefits | Via the LIC website using policy and mobile number |
| Who Can Register? | LIC policyholders with a bank account supporting eNACH |
| Registration Mode | Online via the Official LIC website or offline at the LIC branch Office |
| Required Details | OTP verification on the LIC website and bank portal |
| Verification | Online via the LIC website or offline at the LIC branch |
| Activation Time | 3 to 7 working days |
| How to Check Status? | Via LIC website using policy and mobile number |
| How to Cancel? | Request cancellation on LIC website or through the bank |
| Penalty for Insufficient Balance | The bank may charge a penalty, and payment needs to be made manually |
What is LIC eNACH?
eNACH is an automated system that allows LIC to deduct premium amounts directly from your bank account on the due date. It works like an auto-debit service, ensuring that you never miss a payment.
Earlier, LIC used the ECS (Electronic Clearing Service) method, but eNACH is a faster and more advanced version of it.
Benefits of LIC eNACH Registration
- No Need to Remember Due Dates – Premium deducts automatically, so you don’t need to track due dates.
- Avoid Policy Lapse – Since payments happen on time, your policy remains active.
- No Late Fees or Penalties – You won’t face extra charges for missed payments.
- Time-Saving – No need to visit the LIC office or banks to pay premium.
- Paperless and Digital – Everything is done online, so you don’t have to go through complex process.
Who Can Use LIC eNACH?
Any LIC policyholder with a bank account that supports eNACH can register for this service. Most major banks in India support eNACH payments.
If you have a lic policy and a bank account in a nationalized bank then you can do LIC eNACH Registration without any worries.
Step-by-Step Process for LIC eNACH Registration
Here is a step-by-step guide for doing the LIC eNACH Registration process:
- Visit the official lic enach enach.licindia.in website.
- Fill in your Policy Number, Installment Premium without tax, Date of birth, and Captcha code.
- After that click on “verify”.
- Your details will be fetched on the screen.
- Then click on “Proceed”.
- All the details will be visible. scroll down and then enter your bank details.
- Such as Bank name, Account number, and Verification at Bank Using Netbanking or Debit card.
- After that click on “Proceed”.
- Again your bank details will display on the screen.
- If the details are correct then tick on I hereby confirm and after that click on “Yes to proceed”.
- Your lic enach registration session will begin.
- Click on “Continue”.
- Then on your registered mobile, an OTP will come enter it.
- Then click on “Confirm”.
- Your Active Debit Cards will show on the screen.
- Choose which one you want to mandate with your policy.
- And then click on “Confirm”.
- Check the debit card details and then fill in the captcha code.
- After that click on “Proceed”.
- Debit card validation will be completed.
- Here you will get a success message, after that, you will be redirected.
- The consent page will open, here you need to tick the I agree consent.
- After that, you have to click on “Accept”.
- Then your eMandate Authorization will be successful.
- After that, you will be redirected to a new page Where LIC eNACH Registration Successful Massage will display.
Like this, you can easily do your LIC eNACH Registration without any problems.
How to Check eNACH Registration Status?
You can check your eNACH status on the LIC website:
- Visit the eNACH mandate status check page.
- Enter your policy number and mobile number.
- Submit the details to see if your registration is successful.
How to Cancel LIC eNACH?
If you wish to stop automatic premium deductions, follow these steps:
- Log in to the LIC portal and go to the eNACH section.
- Select your policy and choose to cancel mandate.
- Your bank may require additional verification before cancellation.
Frequently Asked Questions (FAQs)
Is LIC eNACH safe?
Yes, eNACH is completely safe as it is processed through NPCI (National Payments Corporation of India) and banks.
Can I register for eNACH offline?
Yes, you can visit an LIC branch and fill out an Auto-Debit Mandate Form to register manually.
What happens if there is not enough balance in my bank account?
If your account does not have enough money, the payment may fail, and your bank may charge a penalty. You will need to pay the premium manually.
Can I change my bank for eNACH?
Yes, you need to cancel the existing mandate and register again with the new bank.
How long does it take for eNACH to activate?
It usually takes 3 to 7 working days for the bank to process and activate the mandate.
Conclusion
LIC eNACH registration is a simple and useful way to manage your premium payments without any hassle. It ensures timely payments, prevents policy lapses, and saves time. By following the easy steps mentioned above, you can set up LIC eNACH and enjoy a worry-free experience.
If you haven’t registered yet, consider doing it today for a smooth and automatic payment experience!