GST Refund on Health Insurance for NRIs

Buying a health insurance policy in India attracts an 18% GST (or Goods & Services Tax), which is included in your premium amount. But you can get a refund of the GST paid on your medical insurance policy if you are an NRI. That’s right! NRIs buying health insurance from India can get a GST refund. Know more about GST refund on health insurance for NRIs below.

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      GST Refund for NRIs Buying Health Insurance from India

      NRIs or Non-Resident Indians are eligible for a GST refund if they buy health insurance from an insurance company in India. This is because NRIs are already paying tax in their foreign country of residence and hence, are exempted from paying tax in India. However, NRIs need to consciously opt for a GST refund at the time of buying their mediclaim policy. 

      To get a GST refund, NRIs should pay their health insurance premium using an NRE account. Moreover, the GST refund for NRI health insurance premiums is available on policies with an annual mode of payment.

      How to Get a GST Refund on Health Insurance for NRIs?

      Follow the step-by-step procedure given below to get a GST refund on buying health insurance from India:

      Step 1: Visit and click on ‘Health Insurance

      Step 2: Choose your gender and provide your full name

      Step 3: Select the family members that you want to insure along with their ages

      Step 4: Enter your city of permanent residence in India or its pin code

      Step 5: Choose the international calling code of the foreign country where you stay and provide your overseas phone number

      Step 6: Pick the relevant options providing medical history details of the people to be insured

      Step 7: Select the health insurance policy that you want to purchase and proceed

      Step 8: Fill up the proposal form and pay the premium online via your NRE account

      Step 9: Share the required documents after successful payment

      Step 10: Talk to our insurance advisors to raise a request for a GST refund

      The insurance company will verify all the documents after policy issuance. In case of incomplete or wrong documentation, your GST refund request will be rejected.

      People also read: Health Insurance for Parents Living in India

      Documents Required to Get a GST Refund on Health Insurance for NRIs

      Check out the documents required to get a GST refund on health insurance for NRIs:

      • TRC or Tax Residency Certificate for NRIs 
      • Address proof of the foreign country of residence
      • Declaration
      • Last 6 months’ bank statement of the NRE account used to pay the premium
      • KYC documents, such as the passport, Aadhaar card, etc.

      Note: The list of documents required for a GST refund on health insurance for NRI may vary from insurer to insurer. Also, NRIs do not have to submit the TRC to get a GST refund during health insurance renewal if they have purchased their policy from

      Summing It Up

      Most NRIs pay income tax in the foreign country where they reside. For them, paying GST on their health insurance policy in India is no less than a burden. But by opting for a GST refund, they can claim a GST of 18% paid at the time of buying a medical insurance policy from India. Make sure to submit the required documents to get a GST refund on your health insurance premium.

      Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.

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