How to Download LIC Premium Payment Receipt Online?

LIC premium receipt is a document that informs the policyholder about the amount to be paid and policy due date. It also helps to remember which policy has already been paid.

The online premium receipt policy of LIC has made generating receipts easier where the policyholder can generate their receipts themselves online by making the payment via website, app, and other online modes.

Online premium payments are a simple option for LIC customers. After completing a premium payment on the company's website, customers can simply obtain their consolidated premium paid statement by going to the official website of the business.

Clients can obtain their online receipts for LIC plans by paying their premiums. To obtain a combined Premium Paid statement for every insurance they have purchased, customers can also visit the company's website. To download the LIC receipt for online payment or the consolidated statements, you must first register for the LIC e-Services.

Benefits of Premium Receipts

The following are the benefits of premium receipts:

  1. Allows policyholders to keep a track of the policies that has already been paid
  2. Enables policyholder to remember the date of the premium payment in order to avoid penalties in case of late payment or policy getting lapsed in extreme cases

Steps to Download Online Receipt for LIC Policies

Step 1: Visit the LIC website and click on 'LIC's e-Services' under the option that says 'Online Services'.

Step 2: If you are a registered user, select 'Registered User'.

Step 3: After being routed, you must enter your date of birth, password, and username on the login screen. You must also choose whether you are a customer or an agent in addition to this.

Step 4: You will be redirected to 'LIC's e-Services' welcome screen.

Step 5: The screen will have two options: "Individual Policy Paid Statement" and "Consolidated Premium Paid Statement." The premium payment statements for individual policies can be downloaded using the 'Individual Policy Paid Statement' option, and the premium payment statements for all the policies you have purchased from LIC can be downloaded using the 'Consolidated Premium Paid Statement' option

Step 6: After completing the aforementioned procedures, you will select the fiscal year and need to select the policy number if you want to download a "Individual Policy Premium Paid Statement."

Step 7: The receipt can then be downloaded in PDF form, and you can also print the receipt for your convenience, and it can work as receipt duplicate in case you don't have access to your LIC account.

Steps to Register for LIC e-Services if You Are Not a Registered User

Step 1: Visit the LIC website

Step 2: Locate the 'Online Services' box on the left-hand side of the page and click on 'Customer Portal'.

Step 3: You will be re-directed to the 'LIC e-Services' page where you will have to click on 'Registration for e-Services' under the 'Functionalities Offered' section.

Step 4: There will be two blocks - one which says, 'Registered User', and the other that says 'New User'.

Step 5: Choose 'New User' and fill in the ensuing information. Any one of your LIC policies, the policy number of that policy, the individual's birthdate as stated in the policy document, and the installment premium are among the facts that need to be input. Before clicking the box that reads, "I confirm that the mobile number mentioned above is registered under my name and is being used by me," the person must also enter their email address and cellphone number.

Step 6: Hit 'Proceed' after entering the required information.

Step 7: Next, in accordance with the website's terms and conditions, a User ID and Password must be chosen. Your LIC portal login credentials will be this user ID and password.

Step 8: A welcome mail will be sent to your registered email ID, confirming your registration for LIC's e-services.

Step 9: To login to the website, click on 'LIC's e-services' and select 'Registered User' before entering your user ID and password.

Step 10: Once you have logged in to the portal, you will be able to access a variety of services such as Basic Services, e-Services, and Premier Services.

Things to Remember When Downloading LIC Policy Receipt Online

These are a few things that one should remember while downloading their LIC policy receipt online -

  1. Your birthdate should be entered using the format dd/mm/yyyy
  1. Don't forget to enter the email address and cell phone you are presently using. The combined phone number and email address will be used for all LIC communications going forward
  1. When prompted, be sure to enter a valid policy number
  1. Make sure there is no service tax included in the installment premium

LIC Premium Certificate

LIC provides its customers with two kinds of LIC premium certificate -

  1. Individual policy premium paid statement - A history of premium payments made for a single policy throughout the fiscal year is provided by this kind of premium paid certificate. For the upcoming three fiscal years—including the current fiscal year—this statement is accessible.
  1. Consolidated Premium Paid Statement - It provides a history of premium payments made for each of the user's registered individual life insurance policies during the fiscal year (spouse and kid policies excluded). It is accessible for the current fiscal year and the following three fiscal years.

FAQs on LIC Premium Receipt

  • Can I pay my LIC premium online?

    Yes, You can pay your LIC premium online.

  • Can I download my LIC premium receipt without registering for e-services?

    No, you have to register for e-services to download your LIC premium receipt.

  • Do I have to pay any charges for e-services?

    No. LIC offers e-services to its customers for free.

  • Who can use the e-services offered by LIC?

    LIC offers e-services to all its policyholders.

  • How will I know if I am registered for LIC's e-services?

    You will be notified about your registration for LIC's e-services via SMS and email.

  • Can I download the receipt of my LIC premium which was paid offline?

    Yes. You can visit LIC's portal to download the receipt of your LIC premium which was paid offline. If you have already registered on the portal, you can log in to your account. Otherwise, you will have to register by clicking 'New User'.

  • Is the LIC premium paid certificate available in PDF format?

    Yes. The LIC premium paid certificate is generated in PDF format.

  • What should I do if I lost my LIC premium receipt?

    In case you have misplaced your LIC premium receipt, you can log on to the LIC online customer portal with your user credentials and download it by selecting the policy number under the 'LIC premium paid certificate' service feature.

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