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Suggest the best way to pay LIC premium

theflash

TF Legend
Contributor
VIP Lounge
Hi guys

I have a LIC premium upcoming for around ₹39k 2 premiums and around 40k+ 4 premiums total ₹2.5L

So I wanted to know how much can we pay through Amazon pay balance. Last time I asked amzn customer care I was told it's ₹40k INR max per policy per payment for using apay balance.

I have these cards for buying agv:
SBI CB CC *2
Millennia

Last option I've kept is maybe taking IDFC LIC CC and then pay via that and repay using IDFC DC.

Recommend anything else if you guys know 😁.
 
Insurance limit is 1L, not 40K.

Also from your 6th insurance premium payment onwards in a calendar month, only Amazon Pay UPI will be shown.
 
Insurance limit is 1L, not 40K.

Also from your 6th insurance premium payment onwards in a calendar month, only Amazon Pay UPI will be shown.
So 1L per month or per txn?

Just asking to be safe coz if I add the amount once it'll get blocked.

Have you tried paying more than 40k recently?
 
So 1L per month or per txn?
Per transaction

Just asking to be safe coz if I add the amount once it'll get blocked.

Have you tried paying more than 40k recently?
You can refer this:


Q. Is there any upper limit for the amount of insurance premium payment?

A. Insurance premium payments up to the value of INR 1 lakh is permitted on Amazon. It is hereby clarified that any insurance premium payment for an amount equivalent to INR 1 lakh or above will not be processed on Amazon.

Source: Amazon T&C.

Ask customer care about thir T&C, let's see what they have to say. If they deny their own T&C then skip amazon.
 
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