Insurance Blog

How to get LIC Policy premium paid receipt for Income Tax filing

You would be paying your LIC policy premium either offline at the cash counters or through online payment or with ECS. If you are an Income Tax payer, you would need the premium paid statement for the current financial year at the time of your income tax filing with your employer or with the Income Tax dept. 

If you had paid your premium through online mode on www.licindia.in, you would have received the receipt to your mail immediately once you had made the payment. You shall make use of those receipts for income tax exemptions. If you do not have the receipt with you, you shall generate the receipt again as per the below process.

If you had activated ECS payment mode for your LIC policy, the policy premium would be automatically deducted from your bank account on the due date. You would not have received any receipt for such payment through ECS mode. You shall follow the below steps to generate the consolidated premium payment receipt.

You shall generate these receipts directly online whenever you need it if you had registered your policy and you maintain an account on LIC's official site www.licindia.in. If you had not yet registered your policy and created an online account, please follow the steps here and create an account.

If you hold a LIC online account and if you want to enroll or add few more policies of yourself or of your family members to your existing account, click here.

If you have already registered your policy, follow the below steps to generate your premium paid statement:

1. Go to your LIC login page in the url - https://ebiz.licindia.in/D2CPM/#Login

2. Enter your Username and password and Date of Birth. It will take you to your account home page.

3. Click on Basic Services menu, you will be able to see the Policy Premium Paid Statement Menu. Click on this menu and select the required Financial year, the available policies will be listed. Select the required policies and click on Generate Statement. Policy statement will be opened as a PDF file in a separate tab.

Note: Statement will be opened in a new window of your browser. So, please make sure that pop-ups are not blocked in your browser.

Recommended links:

To check the estimated maturity returns of your policy, click here

To check the estimated surrender value of your policy, click here.

To check the estimated loan that you shall avail on your policy, click here.