LIC offers its customers the feature to pay for premiums online. It is an absolutely convenient way to ensure that the premiums are not missed and paid on time. And after paying your premiums, you can easily download the payment receipt online for documentation purposes. Thus, you don’t need to print and keep a hard copy and can easily access your receipts anytime online.

The consolidated statement of premium paid can be downloaded through LIC’s website itself. However, one thing to note here is that you first need to register for the LIC e-Services in order to download the receipt online.

Let’s check out the process to download the same.

Steps to Download LIC Premium Payment Receipt Online

1. Head over to the official LIC India website.

2. Click on the option of ‘Premium Payment’.

3. A dialogue prompt will pop up asking you to confirm if you want to navigate to the payment page. Click on ‘OK’ to proceed.

4. The below screen will appear. Simply click on the ‘View/Download Receipt’ button.

5. In the next screen, you will be required to fill in your details including policy number, date of transaction, and transaction type. 

6. Click on the ‘Submit’ button after entering the details. After that, a list of your policy numbers will be displayed on the screen. 

7. To download the receipt of the premium paid, click on the ‘Receipt number’ according to the payment date and amount paid. Your LIC premium payment receipt will be downloaded in a PDF format on your system.

Disclaimer: The above steps listed are as of April 2024 and are subject to change. Please refer to the official LIC website for the latest updates.

Things to Keep in Mind Before Downloading LIC Premium Payment Receipt Online

Before you process to download your LIC Premium payment receipt online, keep in mind the following things:

  • You must enter the correct policy number, the date you made the payment, and what kind of payment it was (like the renewal fee) in the spaces provided.
  • The amount you pay for your insurance shouldn't include any service charges.
  • Make sure your email address and phone number are up-to-date on the LIC website. This way, LIC can easily contact you if they need to.

Recommended Read: Get a loan against LIC policy 

Reasons to Download LIC Premium Payment Receipt Online

There are several benefits to downloading your LIC premium payment receipt online:

  • Easy access: You can get your receipt anytime from anywhere, without visiting a branch or waiting for mail.
  • Convenience: Downloading online saves you time and effort compared to traditional methods.
  • Organisation: You can keep all your receipts in a digital folder for easy tracking and reference. This helps with financial planning.
  • Security: The online portal is secure, so you can be confident your information is safe.

To Sum Up,

After you purchase an LIC life insurance policy, you can easily and conveniently pay your premiums online and also download the receipt for future reference. All this can be done by visiting their official website in just a few clicks. It can help you keep track of the amount you have paid and the due date as per the tenure of your plan.

Frequently Asked Questions

1. Is it possible to download my LIC premium receipt which I have paid offline?

Yes, it is possible to download the LIC premium receipt that you have paid offline. You need to be registered on the platform to download the receipt from the official LIC website. 

2. What are the benefits of LIC policy premium payment receipts?

The premium payment receipt enables you to keep track of the payments you have paid along with the outstanding ones. You can also keep an eye on the date on which the next payment needs to be made in order to avoid any penalty charges. It also serves as evidence of investment for claiming tax deductions.

3. What should I do if I lose or do not receive the LIC premium payment receipt?

There is nothing to worry about if you lose your payment receipt as you can easily download it anytime through the LIC website. 

4. Why is it necessary to have updated contact details on the LIC portal?

To ensure seamless connection and communication between the company and policyholders, LIC recommends updating the contact details correctly on the website portal.

5. Is the LIC premium payment receipt available in PDF format?

Yes, you can download the LIC premium payment receipt from the portal in PDF format.

6. Who can use the e-services offered by LIC?

All the customers of LIC insurance have access to the e-services offered. 

Disclaimer: This page includes information that has been compiled from many sources and is only offered for informational purposes. Since this type of data might change over time, we cannot guarantee that the information supplied or included within it is accurate. It is anticipated that the user would confirm with the relevant source prior to taking any choices or actions.