Those LIC insurance policyholders who have made premium payments online via the www.licindia.in website will automatically receive the premium paid receipt on their registered email address within a short time. These online receipts can be used for income tax filing purposes and will be considered valid proof of premium payment. However, those customers who have opted for the ECS as the premium payment mode for their LIC policy, their premiums are automatically deducted from their bank account when it is due. In such cases, there is no premium receipt that is generated and sent.
All LIC customers who have an account on LIC’s official site and have registered their policy online can generate these premium statement receipts whenever needed. Listed below is the process to be followed to generate a consolidated premium payment receipt for your LIC insurance policy.
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