LIC Merchant Portal

LIC merchants can login to Merchant portal by visiting the link given on the top. LIC merchant login link is https://merchant.licindia.in/LICMerchant/Login/begin.do LIC merchant portal login screen looks like this (see image below).

Merchant portal login screen
Merchant Portal Login Link
merchant portal link

Who is LIC Merchant?

LIC of India does all their business via different channels and have now come up with the merchant registrations. A individual or a a LIC agency can apply for merchant license. The LIC merchants are like subsidiaries of LIC offices who can conduct most of the LIC services for their walk in clients. LIC Merchants have access to LIC system to see the policy details, loan, surrender, etc. They can take request for any of these services.

Getting a merchant license is a great way to set up your self employment business. LIC enjoys the tag of the top life insurance company of India and being a licensed merchant you can easily take advantage of this reputation and grow your business and earnings like anything.

What is LIC Merchant Portal?

LIC Merchant portal is the portal on LIC official website to enable the merchants registered with LIC to see their details and the business they have done with LIC. Registered merchants can see their merchant status, past business details and also raise any query with LIC using this portal.

How to login to LIC Merchant Portal

LIC merchant portal is a online website specially designed for LIC merchants to manage their work and see their progress. The merchant id can be generated from the local LIC branch. It is also called as merchant premium collection portal by agents and policy holders.

Merchant Portal Password Reset

If you have lost your merchant portal password don’t worry the password can easily be reset in just a few step and all the process is online.You don’t have to visit any office or call any number.

Steps to reset password

  1. Visit the LIC website (www.licindia.com)
  2. Under ‘Online Service’ you will see ‘Merchant Portal
  3. Go to merchant portal and click ‘Forgot Password’
  4. The page will ask you to put in your User ID and Email id
  5. Click on Mail new password

You will receive the password in your registered email id.

New Merchant user registration

How to register at LIC merchant site

LIC agents, DO, CLIAs and qualified corporate agents can register for Merchant user at their respective LIC branch. The mrchant portal sing up is totally a offline process as of now.

  1. Get merchant form from LIC branch
  2. Fill in the form with your contact details
  3. Submit form with id proof, address proof, bank details.
  4. The merchant id will be activated in 7 days
  5. Once you have the merchant id with you, you can login to merchant site.

Why should you get Merchant account?

A merchant account is a way to grow your earnings by working with the best life insurance company of India. To set a new business in India you need experience, hard work, finances, product and on top of it all good connections and luck.

LIC is giving out these licenses to run Merchant business which is an once in a lifetime opportunity for local business men. You will be able to provide all LIC related services to people coming to your office. Maintain all commissions, fees, etc. everything is hassle free and online.

Fees for becoming a Merchant with LIC

All expenses included you will be required to spend around 1500 rupees only. This will be approximate fees for the license.

Vikas is the founder of InsuringGurgaon.com - an LIC life insurance agency based in Gurgaon. He has a experience of 16 years and is working with professionals, corporate and HNIs for their LIC services needs. Vikas is a MBA in marketing from Symbiosis, Pune and has a experience of 15 years working with companies at various levels. Vikas can be reached at 9891420503 and [email protected]

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