Can I avail Sec 80C benefit, if I pay my life insurance premium online using my credit card?

[Rajeev S]

Can I avail Sec 80C benefit, if I pay my life insurance premium online using my credit card? I have checked and found that there is nothing in this regard mentioned, under Sec 80C, regarding mode of payment.

[Rahul]

Can I avail Sec 80C benefit, if I pay my life insurance premium online using my credit card? I have checked and found that there is nothing in this regard mentioned, under Sec 80C, regarding mode of payment.

You can pay premium by any mode - Cash, Cheque, Online, Credit Card. All OK. You just need to submit premium receipt.

[v.r.s.nathan]

Payment can be made in any form, just submit the receipt of premium paid to claim deduction.