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We hereby certify the receipt of the premium payment towards your life insurance policy with us, through Electronic Clearance Service (ECS).
We congratulate you for ensuring your family's continued security and peace of mind.
CONSOLIDATED REVENUE STAMP DUTY OF RE.1/- PAID VIDE NOTIFICATION NO: MUDRANK CSD/409/2019/1679/19: DATED 08.04.2019
1. Premiums are eligible for tax deduction under Section 80C/80CCC of Income Tax Act, 1961 as amended from time to time. Tax
laws are subject to change from time to time. Please consult your tax advisor for implications.
2. Goods and Services Tax as applicable are levied at the tax rates in force which is subject to changes from time to time. Reliance
Nippon Life Insurance Company Limited reserves the right to recover from the policyholder, any levies and duties (including
CST), as imposed by the government from time to time.
3. For ULIP products, in respect of premium received up to 3 pm by the Company, the closing NAV of the business day on which
premium is received shall be applicable. In respect of premium received after 3 pm by the insurer the closing NAV of the next
business day shall be applicable
4. Premium paid in advance will be applied to the policy on premium due date only.
5. This is system generated receipt, hence does not require signature.
You have an option of receiving proceeds of all claims/ maturity payments/ any other sum due, under the life insurance policy, to
you or your nominees or assignees, only through electronic mode directly in your bank account. In case, you have already opted for
electronic transfer to your bank account, you also have an option to modify/ change your bank account particulars.