Now, pay LIC premium through mobile phone

May 8th, 2008 - 10:00 pm ICT by admin  

Mumbai, March 8 (IANS) The Life Insurance Corporation of India (LIC) has tied up with Corporation Bank to enable the bank’s debit card holders pay the LIC policy premium using a mobile phone. Corporation Bank has been offering the LIC premium payment facility through ATMs and net banking since 2003.

Corporation Bank customers wishing to avail the new facility can register their mobile phone numbers through the bank’s ATMs.

The new facility was launched here Thursday in the presence of LIC chairman T.S. Vijayan and Corporation Bank chairman-cum-managing director B. Sambamurthy.

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