Built on Table Extractor

Extract LIC Premium Receipt PDF to Excel

Auditing life insurance premium payments for 80C tax deductions? Convert LIC premium receipt PDFs into clean Excel sheets locally.

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Why use GoluPDFs for this?

  • 1Maps policy numbers, premium amounts, tax components, and transaction dates
  • 2Batch uploads combine multiple policy receipts into a single Excel table
  • 3Private in-browser scanning safeguards your personal details and policy parameters

What you get inside Table Extractor

  • Visual Table Grid Editor: Select, edit cells, delete rows/columns manually
  • OCR Table Recovery Mode: Simulated parser interface to digitize scanned documents
  • Merged Cells & Multi-Page Joining: Clean row grouping across pages
  • Smart Column Mapper: Dropdown categorizer (Date, Description, Debit, Credit, etc.)
  • Financial Template Presets: Invoice, Bank Statement, and Income Statement parser options
  • Multi-Sheet Excel Export: Compile multiple parsed tables into separate sheet tabs natively

Tax Savings Audit: Extracting LIC Premium Receipts

Life Insurance Corporation (LIC) premium receipts serve as official proof of payment for tax exemptions. Under Section 80C of the Income Tax Act, life insurance premiums paid for self, spouse, and children are deductible from gross income (up to ₹1.5 Lakhs annually).

Auditors and taxpayers handling multiple policies face a major chore during tax filing season. Converting LIC receipt PDFs into structured spreadsheets speeds up the verification of premium splits, base premiums, and GST components.

Mapped Premium Receipt Fields

Header FieldDescriptionTax Utility
Policy NumberUnique life insurance policy IDReconciliation matching
Receipt DateThe exact date of premium receiptingFY assessment tagging
Base PremiumPremium amount excluding GSTPrimary 80C deduction base
CGST / SGSTService tax and central/state leviesGST tracking audits
Total PaidFinal gross premium debitedCash outflow verification

Local Processing Compliance

Insurance receipts include policy terms, customer names, addresses, and premium amounts. GoluPDF operates entirely inside your local browser. All text vector mapping and formatting occur client-side, ensuring that your insurance policies are never sent online.

Upload multiple receipts sequentially to build a unified tax-deduction ledger for easy tax filing.

Disclaimer: GoluPDFs is a private, independent utility platform. It is not affiliated with, authorized, endorsed by, or in any way officially connected with the State Bank of India (SBI), HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, Punjab National Bank (PNB), Bank of Baroda (BOB), Paytm, EPFO, CAMS, Karvy (KFintech), LIC, NPS, or any of their subsidiaries or affiliates. The official websites of these entities can be found at their respective domains. All product and service names, logos, brands, trademarks, and registered trademarks mentioned on this website are the property of their respective owners. Their use on GoluPDFs does not imply any affiliation with or endorsement by them.

🔒 Data Privacy: All document decryption, processing, and table extractions are conducted 100% client-side inside your browser sandbox using WebAssembly. No files or personal/financial data are uploaded, stored, or transmitted to our servers.

Frequently asked questions

Upload the receipts to GoluPDF's Table Extractor, configure the LIC receipt preset mapping, and click run. Download as clean Excel sheets instantly.