LIC Merchant Portal
The LIC Merchant Portal or you can say the LIC Merchant Premium Collection Portal Login is an LIC Merchant Dashboard where you can log in and manage your Customer’s Policy and track pending premiums, and Upcoming Payments.
“Note: We assure our visitors that we do not intend to mislead them, as we are not an official LIC Merchant website. merchant.licindia.in”
Table of Contents:
Table of Contents:
Who is LIC Merchant and What is LIC Merchant Portal?
LIC Merchant is an external entity/shop approved by LIC India which was designed to reduce efforts of LIC Policy Holders and LIC Employees. Here the LIC Merchant holding authority from LIC India helps LIC Customers with Premium Payment and helps in policy queries.
Along with this The LIC Merchant also helps LIC Employees/accountants by generating customers’ payment invoices, maintaining customer payment history, recovering pending invoices, etc.
And the LIC Merchant Portal is the online website dashboard where a LIC Merchant can log in and manage their profile, and work.
Who is an LIC Merchant?
A Person or entity designed by LIC OF India to manage the Premium collection and handle customer service at a large scale with small outlets. You can say an LIC Merchant manages all work from collecting premiums from the LIC Customers to managing all records and helping Customers with Policy Payments and Maturity.
If you are newly joined with LIC as an Agent or a Merchant the following information will help you in logging in to your LIC Merchant Portal and Setting up a new Password.
Responsibilities of a LIC Merchant:
- Generate Invoices for the LIC Policy Premium Collection
- Give updates regarding any Pending Invoice Update
- Solve paid Invoice Queries
- Create deposit Invoices
- Pay Invoice Online for LIC Customers
- Solve Pending Invoice Queries
- If the Customer wants then receipts can be viewed
- Provide Collection totals for Cashiers
- Customer Premium Collection Portal
LIC Merchant vs LIC Agent: Actual Difference
Eventually, both are the same Working on behalf of LIC Corporation, The LIC Merchants and LIC Agents have similar roles. Both Help the LIC policyholders to buy new LIC policies, pay old Policy Premium, and help them with any document needed. For selling new policies the Agents and Merchants both get commissions based on the structure of the LIC Policy Commission.
How to Become an LIC Merchant?
Many say LIC Agent is the LIC Merchant or LIC Merchants/LIC Agent term is used, but they are not the same; both of them might do similar works but Merchants wors as “Setu work for Indian Government“. Becoming a LIC Agent requires a proper procedure with an exam and you need a divisional officer who can appoint you.
How to Become an LIC Merchant? Step-by-Step Guide:
the better way is to visit any LIC merchant outlet and ask them for help and take a guide from the LIC Merchant about how you can become an LIC Merchant in your City.
- You need to visit the nearby Main LIC Branch (seek for District Level Branch)
- Ask for a Form that you will need to fill out to get an LIC Merchant License.
- Attach the necessary documents to that form asked to be attached.
- Now you are ready to get the LIC Merchant License just keep in touch with the LIC Branch for future updates.
Note: The above knowledge is a guide, I do not guarantee the exact steps please visit any LIC merchant store or Nearby LIC office to get Exact information on How to become an LIC Agent.
How to Login to LIC Merchant Portal?
First of all, you need to bookmark the LIC Merchant Portal official website merchant.licindia.in and make sure it is not www.licindia.in/merchant the URL has been changed.
Step 1: First visit the Official Merchant Login Website merchant.licindia.in
Step 2: Enter your Username and the Password in the given field asked on the portal.
Step 3: A captcha will be given to solve and enter the answer in the box given below.
Step 4: Check all the fields you have filled and click on the Submit button to log in.
Sometimes the LIC Merchant Portal may not open because of various reasons but it will look like as given below, if you are a new Merchant of LIC then you must go through the following tips before logging into the LIC Merchant portal.
Forgot Your LIC Merchant Profile Password: See How to Reset?
If you are logging in after a long time to the LIC Merchant Portal and forgot your Username or Password? Don’t worry here is a few-step easy guide to reset your Login Password.
Step 1: First Click on the Forgot Password link to reset your LIC Merchant Account Password.
Step 2: You will see a Page with the Forgot Password Title and it will ask you User ID and Email ID linked to your Account.
Step 3: Enter the User ID and Email ID and Click on the Mail New Password Button, you will receive a new Password on your registered email address.
Now you will get a system-generated Password which is hard to remember, to reset that password to your own generated password follow the steps given below.
How to Change LIC Merchant Account Password?
If you received a new password from LIC Portal and it is hard to remember or you think your old password is weak then you can follow the steps below to Change your LIC Merchant Account password to a new Strong Password.
Step 1: First Click on the Change Password option it will take you to a web page to change your password.
Step 2: There you will see Change Password Heading and it will ask you for User ID, Current Password, and New Password.
Step 3: Enter all the details asked and click on the Reset Button. You will see a Success message which means your Password has been successfully changed.
How to Change the Email ID of Your Merchant Portal?
Sometimes it happens we do not receive OTP on Email for Logging in to the Merchant Portal of LIC to avoid this error you need to Update your Email Address in the Merchant Portal by following the steps given below you can update your email.
Step 1: First Click on the Update Email ID to get the OTP option to Update your Merchant Account Email ID.
Step 2: Then You will see a new window with Heading Update Email ID and it will ask for User ID, Password, and your New Email ID (Must be available in the Agency master Database.)
Step 3: You need to provide the valid email ID that was submitted to LIC while creating an account with LIC. Then Click on the Update Button and wait for the success message.
The Success Message is an indication that you have successfully updated your email ID with the Merchant Portal of LIC.
FAQ – About LIC Merchant and Merchant Portal:
Who is an LIC Merchant?
Answer: An LIC Merchant is a Private vendor authorized by LIC to provide LIC Services in a maximum region. LIC Merchants can Collect the LIC Premium, Help Policy Holders, Give bill invoices, help the LIC Cashier with pending bills, etc.
What is the LIC Merchant Portal?
Answer: The LIC Merchant Portal is designed to manage tasks and money for the Merchants of LIC. This Portal helps the Merchants of LIC to collect payments, keep records, and generate invoices and bills for the LIC Policy Holders.
LIC Merchant Portal not working?
Answer: if you can find the LIC Merchant Portal link on Google simply type merchant.licindia.in in your browser and check. If this link is also not working then please check your internet connection clear your browser cache, Or simply try again after some time.
How to Become an LIC Merchant/Agent?
Answer: Eligibility Criteria 10+2 School which means 12th Pass or any diploma after 10th, You can Contact a nearby LIC Divison Officier for Offline Apply or Apply Online Here.
46 responses to “LIC Merchant Portal | Merchant Dashboard”
Thanks for this Information
How can I become LIC Merchant?
I am a policy Holder, of LIC How to Calculate the Premium?
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I dont find any LIC Policy Will you share the best policy link?
I want to visit LIC Office, I have complaint about one person
How to get My LIC Commission TDS Back? What is the Tax saving option?
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