Monday, 29 January 2018

How to Get LIC Premium Statements for Income Tax Returns Purpose - Process

How To Generate Consolidated LIC Policy Premium Receipts Download:  LIC Online Slips, How to get LIC Policy premium receipt for IT filing/ Income Tax Returns Purpose - Process  How can I get LIC premium receipt online? | How to get LIC Policy premium receipt for IT filing | Steps to download LIC premium payment receipt online | How to download LIC Policy Premium Payment Receipt | How to download LIC premium paid statement for the whole year  LIC Premiums Annual Statement Download for Income Tax Returns Purpose Life Insurance Corporation of India Monthly/Quarterly/Half Yearly/ Yearly Premium Statements for Employees and Teachers Download from https://customer.onlinelic.in/LICEPS/Login/begin.do LIC Official Website without going to LIC Branch Office


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How To Generate LIC Premium Statement For IT Returns
As an income tax payer, there are several documents which one ends up needing to file their tax returns. One among them is your life insurance policy premium statement. If you have taken an LIC insurance policy, chances are that you are paying your premiums either online (via electronic clearing service or ECS) or offline at the designated cash counters specified for the same. For filing your tax returns, one of the things you will require to provide is your LIC policy premium statement for the ongoing financial year.

Process to get LIC Policy premium receipt for IT filing/ Income Tax Returns Purpose 


Download LIC Premium Statement Online - Steps
First Register your LIC Policy Online at LIC Official Website
Click here to Register yourself
After Registration Logon  to another web page by giving username and Password
Click here to Logon https://customer.onlinelic.in/LICEPS/Login/begin.do
Now Click on Individual Policy Premium Paid Statement
Give Details of Policy Number Year and Submit
Click on Get Premium Paid Certificate
Lastly Click on Print This Page and Get the Statement



How To Generate LIC Policy Premium Receipts:
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.  How to Get LIC Premium Statements for Income Tax Returns Purpose - Process

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.


  1. Visit the LIC login page (https://customer.onlinelic.in/LICEPS/Login/begin.do).
  2. Once you are on the page, you will be asked to enter your account username and password. Enter the necessary details. You will also be asked to answer a verification question, answering which, you will be redirected to the home page of your LIC online account.
  3. Once you are on the homepage of your online LIC account, hover to the menu placed on the left side of the home page. Here you will see a tab labelled ‘Consolidated Premium Paid Statement’.
  4. Click on the ‘Consolidated Premium Paid Statement’ tab and the page that appears next will ask you to select the year of the policy for which you require the premium statement. Below the column asking for the year will be a verification question which you need to answer. Once you have answered the question, click on ‘Submit’ to get your premium paid statement.
  5. Your premium paid statement will open as a new window so ensure that you do not have a pop-up blocker or any other similar software running. You can easily download this statement, save it on your desktop or print it out for your reference.

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