The 57-year-old actress, who began her journey with "Sawan Bhadon" in 1970, has come a long way with films like "Do Anjaane", "Umrao Jaan" and "Silsila" adorning her glittering career spanning 30 years.
Each year, IIFA honours a member of the film fraternity who has made significant contributions to Indian cinema and this year Rekha will be recognised for her achievements.
"I am extremely humbled to be appreciated... It has been a long journey and hopefully my passion and love for cinema will continue to reach out to all my fans. I am especially happy to be honoured at a time when the industry celebrates a centenary of Indian films," said Rekha.
Stalwarts of Indian cinema like VK Murthy and Yash Johar, among others have previously been recipients of this award.
"Over the years, we have paid tribute to the biggest names in the Indian film industry, recognising their contribution towards cinema. In our 13th year, IIFA is proud to honour India's most loved actress Rekha for her immense work and contribution to the Indian film industry," said Andre Timmins, Director, Wizcraft International Entertainment.
The IIFA Weekend will be hosted in the Lion City of Singapore from the June 7-9.