Lift coefficient has been evaluated for a subcooled pool boiling system with water as continuous phase and vapor (steam) bubble as dispersed phase generated on vertical walls with constant heat flux for a specific Rayleigh number (Ra) range (8x1012 < Ra < 2x1013) for the first time. Experimental investigation has been done with High Speed Camera while two phase CFD simulations have been performed using Volume of Fluid (VOF) method. The Morton number (M) for this system is log10M = -10.6 and Eötvös number (Eo) range is 0.2 < Eo < 1.3 while the shear rates have been maintained in the range 2 ≤ Sr ≤ 2.8. Bubble size of the bubbles arising from the sites on vertical surface have been determined by both experiments and simulations. The CFD predictions for bubble size and lift coefficients agree well with experimental measurements with a deviation of less than 10%. Further, empirical expressions from experimental data for the estimation of bubble size and lift coefficients have also been presented. The data for lift coefficients obtained is different from the ones of bubbles generated by single sparger in air-water systems.