How to pay LIC premium and get recipt online

This Tax savings season, all of us are busy in paying all pending insurance premiums to produce the receipts to the HR department to get the tax benefits under section 80C.

In our busy schedule, how can we pay the LIC premium and get the receipt online without visiting any LIC offices?

Yes, It is possible. LIC has created such a strong online platform, that you can even get a consolidated premium paid certificate for all your LIC policies for the financial year. What is more – you can even get the consolidated premium paid certificate for the previous 2 financial years too!

lic premium and receipt online How to pay LIC premium and get recipt online

How to pay LIC premium and get the receipts online?

First step in paying LIC premium and getting receipts online is to login to www.licindia.in and click on ‘`online services’’. Here you have to click on “ new user? Click here’’ link and register by giving your personal information. Password will be mailed to your email address.

Once you get the password, go to “ registered user’’ and login using the password. You will be directed to the welcome page. You can have the following services online.

1.   Enroll policies

Here, you have to give the information about each of your existing LIC policies and enroll. Please note that the date of birth entered by you while registering should match with the date of birth given to LIC while taking the policy. You cannot enroll policies in the name of your children/spouse etc. For this you have to create additional registration with their details.

Once you enroll all your policies, by using the link“ Premium Calendar’’, you can see the due dates of premium and the premium amount for all policies in a tabular form.

2.   Pay premium online

Using this option, you can pay the LIC premium online. You can use credit card/debit card/internet banking etc to pay the LIC premium online.

Once you make the premium payment, digitally signed receipt will be mailed to you immediately.

 3.   Premium paid statement

Using this option, you can print the premium paid certificate for any of your enrolled policies for the current financial year. You can even print receipts for the premium paid in the previous 2 financial years.

4.   Consolidated premium paid statements

In this option, you can generate a consolidated premium paid certificate for the entire premium paid in the financial year under all the policies. This certificate will be much useful, to produce to your employer, to claim income tax benefits under Section 80C. You can even print the consolidated premium paid certificates for the last 2 financial years.

So, why are you waiting for? Login to www.licindia.in and enroll all your policies now. Pay future LIC premium online and get all related services online.

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About Melvin Joseph

SEBI Registered Investment Adviser, SEBI Registration Number : INA000000342. Certified Financial Planner from the Financial Planning Standards Board India (FPSB) and a Fellow of Insurance Institute of India (FIII). I have done Post Graduate Diploma in Financial Advising from Indian Institute of Banking and Finance.
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19 Responses

  1. Very useful information. Thanks!

  2. Hello,
    Do you know how can I change the registration email address for LIC? When I go to New User page it tells me that the policy is already registered but I don’t remember registering it…. Can you help me please?

    Regards,
    Priyanka Kadam.

    • You may try with the forgot password option. Or you may call their call centre.

      • me apna lic account password bhul chuka hu aur registration ke wakt id galat enter hua tha tha password reset kar raha hu par reset ho ke galat id pe ja raha hai to kya karana chahiye ?

  3. i have already registered lic login id long time but now i am forgot my login id and password both. please suggest me how can i know the same

  4. i want some information about my policy no.241115206. how i can paid my primium by internet banking. please send me all my privious primium detail

    thank & best regards
    mahendra singh rana

  5. I Paid my premium of policy no 902753223 for Rs. 6,100/-on date 10/4/2013 by internet banking.but till the date I didnot get any receipt.so, what to do? Please give any suggestion because this receipt is required to show IT.

    • You can get a premium paid certificate from the LIC website by registering your policy number. You can use this certificate for claiming IT benefits.

  6. LIC payment through hdfc bank credit card code no.099312 transaction no.12234570 lic premium Rs.1911/- qtrly my name Hariom Shukla
    I want Receipts for LIC premium ???????????

  7. Hi Melvin,
    I have created an account on the lic website and have enrolled policies in it. I made a combined payment for 3 policies (2 in my name and 1 in wife’s name) with a feature available on the lic website. But now I am in a soup as the payment receipt that was generated, is in my wife’s name. Now how do I claim a tax benefit on this?

    • For making payment for wife’s policy, you have to create a separate profile for her and pay from it. Anyway, you can visit the nearest branch of LIC and request for a premium paid certificate to get tax benefit.

      • LIC online website saying that we cannot make the payment for third party & clearly says that ‘you have to pay for your policy using online’. In this situation, is it possible for me to make payment for my spouse/children by using their login id but payment from my debit card / credit card / internet banking. Advance thanks for clarity.

  8. pl give me the step wise procedure to get the premium receipt

  9. pl give me the step wise procedure to get premium receipt for tax purpose

  10. please give me the steip wise procedure to get lic premium receipt

  11. I have paid LIC preimum Rs.6819.00 (quterly) today through online dated 28.04.2014. But i did’t received preimum paid receipt. Kindly confirm or send the receipt to my email immediately.

    Regards

    C.R.Ravichandran
    99401 24045

  12. I will do the lic premeium payment on for online. But i am not yet the receipt. Please give the root of taking by a receipt.

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