How To Download LIC Premium Receipt Online?
Updated on: May 21st, 2024
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2 min read
Today, downloading the LIC (Life Insurance Corporation of India) premium paid receipt is a viable option, as hard copies are more prone to get misplaced. In this era of digitalisation, the e-services portal of LIC has made our life easier as LIC online payment receipts and consolidated premiums can be downloaded without any hassles. In this article, we will learn about how to download LIC premium receipts online in just a few clicks.
Why You Should Download LIC Premium Payment Receipt Online?
If you are a policyholder of LIC, you must be aware that you have to pay a certain amount to the insurer as a 'premium' in a yearly, quarterly or monthly manner. You will receive a payment receipt for paying each of the premium amounts.
With the availability of the LIC e-service portal, it has now become more convenient and seamless for every policyholder to get access to the policy receipts. You can simply download your payment receipt online from the comfort of your home.
Moreover, if you are engaged in proactive financial planning, saving soft copies of LIC premium payment receipts can be beneficial so that you can utilise them later. This can keep you away from the hassles of paying late fines and help you to keep track of your premiums.
How To Download LIC Premium Receipt Online?
Downloading the LIC premium receipts is straightforward. By following a few simple steps, policyholders can quickly access and retrieve their premium payment document. Scroll down to learn about the procedures in detail.
- First, you need to Visit the official website of LIC (www.licindia.in).
- Then Select the ‘Pay Premium’ option.
- After navigating to the payment page simply click on ‘View/download Receipt’.
- On this page you need to enter the policy number date of the transaction and, select the Transaction type (Renewal Premium) then click on submit.
- After clicking the 'Submit' button, you will be directed to a list displaying your policy numbers. To download the premium payment receipt, Select the 'Receipt Number' corresponding to the specific payment and click on it. This action will allow you to download the LIC payment receipt in PDF format.
Things To Consider While Downloading LIC Policy Receipt Online
Here are some of the important things to consider while downloading LIC payment receipts:
- It is imperative to enter a valid policy number, date of transaction and transaction type in the required field.
- Make sure that the premium instalment value excludes service tax.
- Always keep your email id and mobile number updated on the LIC portal. It is important so that LIC can seamlessly communicate with you through a shared email id and number.
Final Word
After purchasing a life insurance plan, you can conveniently pay your premiums online and easily receive your LIC premium paid Receipt. All you need to do is visit the official website of LIC and input the necessary details. Downloading the LIC premium receipt can keep track of the amount you have already paid and the amount yet to be paid as per the tenure of the plan.
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Quick Summary
In the era of digitalization, it's convenient to download LIC premium receipts online. This option ensures easy access, avoids misplacement, and aids financial planning. The process is simple; visit the official website, click on 'Pay Premium', and select 'View/download Receipt' after entering the necessary details. Ensure accuracy in details, exclude service tax, and keep contact information updated. It's an efficient way to track premium payments and avoid late fines, aiding in financial planning.
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