Padma Vibhushan to 93-year-old Kumar will be given by Home Minister Rajnath Singh at the thespian's residence, a senior Home Ministry official said.
The announcement to honour Dilip Kumar, Amitabh Bachchan and a few others with Padma Vibhushan was made by the government on the eve of Republic Day on January 25, 2015.
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Dilip Kumar was born as Muhammad Yousuf Khan, the son of a Pathan fruit merchant Ghulam Sarwar, on December 11, 1922 in the Qissa Khawani Bazaar in Peshawar in present day Pakistan.
The veteran actor is known for his classics like "Mughal-e-Azam", "Naya Daur", "Devdas", "Madhumati", "Ganga Jamuna", "Azad" and "Leader", is already a recipient of Padma Bhushan in 1991 and Dada Saheb Phalke award in 1994.
Kumar's nuanced performances and his dedication to the craft has been an inspiration for generations of actors.
Despite a limited cinematography of 60-odd films, many of his movies make it to the classics list of Indian cinema be it tragic love story of 'Devdas', incarnation story of 'Madhumati', the sweeping historical epic 'Mughal-e-Azam', 'Andaz', 'Naya Daur' or 'Dil Diya Dard Liya'.
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