Steps for account registration on LIC:
To Pay policy premium, you need to click on Pay Premium Online and then you can see the above attached image in front of you. You have to select policy type and premium option and submit. You will get a list of your enrolled policies. Then you select policies for which you want to pay premium.
You can pay LIC premium without registering your account but then you can not get other services like consolidated LIC premium payment statement, LIC policy status, vested bonus etc.