» FUP un-updation related queries. » Refund of excess amount paid towards merchant invoices through net-banking. LICs' Portal Login UserName: Password: Change Password Forgot Password Update Email Id to get OTP Merchant Portal Login 2024: LIC Merchant Portal is a simple, safe, and secure way to conduct transactions with LIC. It allows policyholders to access their policy details and make premium payments online. Learn how to register, activate and login to LIC Merchant Portal, an online platform for LIC agents and merchants to manage policies, payments and reports. Find out the features, requirements, documents and troubleshooting tips for the portal.