As part of customer friendly initiatives LIC is introducing payment of life insurance premium through APOnline, the digital portal of the Andhra Pradesh Government. Life Insurance Corporation of India, the largest Life Insurance Company in India is retaining its No.1 position consistently as the premier financial institution in the country. LIC has 22 Crores Policy holders of which about 2 crores are from Andhra Pradesh. Life Insurance Corporation of India (LIC) has now facilitated the payment of insurance premium through APOnline at over 1300 franchise centres located across Andhra Pradesh. This will add a new dimension of convenience to the crores of LIC policy holders across the state.
APOnline''s partnership with LIC is significant as, till now, policy holders could pay their premiums directly at any of the LIC branch offices / Satellite Offices / through Internet using their net banking account of select banks / through arrangement with certain banks like Axis Bank / through the ATMs of Corporation Bank or Axis Banks etc. APOnline is a Joint Venture between the Government of AP and Tata Consultancy Services. APOnline is an integrated web portal that operates in a franchise model and offers multiple citizen services and aims at facilitating e-governance.
APOnline''s partnership with LIC is significant as, till now, policy holders could pay their premiums directly at any of the LIC branch offices / Satellite Offices / through Internet using their net banking account of select banks / through arrangement with certain banks like Axis Bank / through the ATMs of Corporation Bank or Axis Banks etc. APOnline is a Joint Venture between the Government of AP and Tata Consultancy Services. APOnline is an integrated web portal that operates in a franchise model and offers multiple citizen services and aims at facilitating e-governance.
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