My LIC vs Paterson
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
My LIC
Manage your insurance policies and update personal details with this official app. It offers a convenient way to handle policy services and premium payments, acting as a central hub for policyholders.
- Manage insurance policies
- Update personal details
- Pay premiums
- One-stop solution for policy services
- Official app from LIC of India
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Manage your LIC policies easily with the all-new My LIC app, your one-stop solution for policy services. "OFFICIAL APP FROM LIFE INSURANCE CORPORATION OF INDIA" This app is currently available exclusively for select beta LIC customers. With My LIC app you can easily manage your policies, update personal details, pay premium and a lot more.
Paterson
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Paterson Mobile Trading App is a secure and verified investment and online share market app to buy and sell shares online. Designed for the Indian stock market with intraday trading, real-time streaming quotes and financial market news. Watch markets closely with dedicated sections for equity and stock derivatives, along with detailed option chain and open interest analysis for F&O trading. Track, trade and invest in stocks and manage your portfolio efficiently. Why Choose Us? Free to Download: The share market investment app is free to download and use. It provides easy navigation for beginners and experienced investors, along with real-time stock market charts, investment options and stock information. Invest in Upcoming IPOs: Invest in the latest and upcoming IPOs. Get IPO updates and allotment status. Trade and Invest: Trade and invest in the Indian stock market through NSE and BSE, including Equity, Equity Derivatives, Currency Derivatives and Mutual Funds. Technical Charting: Access advanced technical charts and candlestick charts. View stocks across multiple chart types to support your trading decisions. Customize Market Watch: Customize your watchlist with up to 100 stocks. Sort and save stocks by change, change percentage, LTP or alphabetically, and view price performance easily. Fund Transfer: Enjoy a fast, secure and seamless fund transfer experience. Use UPI payment mode for convenient transactions for trading and investments. Portfolio Tracking: Track your total investment value, current value and percentage profit or loss. Member Name: Paterson Securities Private Limited SEBI Code: INZ000264838 Member Code: 13671 (NSE), 3083 (BSE) Registered Exchanges: NSE and BSE Exchange Approved Segments: Equity, Equity Derivative and Currency Derivative
Screenshots
Verdict
The clearest difference is update cadence: Paterson at every 9 days against My LIC's every 3 weeks. Paterson also leads on iOS requirement (15.6 vs 17). On price, ads, in-app purchases and device support there is nothing between them.
Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
My LIC ships an update every 3 weeks, Paterson every 9 days. The most recent releases landed on November 8, 2026 and October 31, 2026 respectively.
| Parameter | My LIC | Paterson |
|---|---|---|
| Price | Free | Free |
| Rating | 4.7 (190 ratings) — better | — |
| Positive reviews | 20.4% of reviews | — |
| Number of ratings | 190 — better | — |
| Update frequency | Every 3 weeks | Every 9 days — better |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | — |
| Devices | iPhone, iPad | iPhone, iPad, iPod — better |
| Requires iOS | 17 | 15.6 — better |
| Further details — not scored | ||
| Size | 40 MB | 121 MB |
| Age rating | 4+ | 4+ |
| Developer | Life Insurance Corporation of India | Paterson Securities Pvt. Ltd |
In-app purchases
My LIC
No in-app purchases
Paterson
No in-app purchases
