LIC Credit Card: Documents, Eligibility, एलआईसी क्रेडिट कार्ड

Provide your Credit Card Details

• Enter your 16 digit LIC Credit Card number and the amount you would like to pay.
• Select your bank account from which you would like to execute this payment (we partner only with select banks).
• You will be securely redirected to the payment interface of your chosen bank.

Confirm Payment (at Bank)

• Enter your authentication details (Net Banking User ID and Password of your Bank Account / Equivalent details).
• Confirm payment amount.
• Your account will get debited instantaneously.

Receive online confirmation

• You will receive an online transaction confirmation and a Transaction Reference Number.

LIC Credit Card Eligibility

Age Criteria:

Sl. No.	Type of holding	Minimum Age	Maximum Age
1.	Primary Cardholder	18 years	60 years
2.	Add on Cardholder	18 years	65 years

General Eligibility:

Sl. No.	Segment	Minimum Age
1.	LIC Employee	Confirmed employees of LIC / Group Companies with SR No.
2.	LIC Agents	Club Member Agents of LIC of India viz. Corporate Club, CM Club, MDRT, ZM Club, DM Club & BM Club with in-force agency status.
3.	LIC Policy Holders	Salaried and Self-Employed Segment: The policyholder must have at-least one In-force or Fully Paid-up Non-Single Premium LIC Policy which must have completed at-least 3 years from the Date of commencement of the Policy till Date of Application. HNI Segment (GC): Irrespective of the segments mentioned above, a person will be deemed to be a GC Customer if s/he has one or more Non-single premium policies through which Yearly Total premium of Rs. 30,000/- or more has been paid for last 3 consecutive years and all such policies are In-force or Fully paid-up as on the Date of Application.

Income criteria:

Sl.No.	Segment	Gold	Platinum
1	LIC/Group Company Employees	Min: Rs. 1.80 Lakhs p.a. Limit:	Min: Rs. 1.80 Lakhs p.a. Limit: >Rs. 30000
2	LIC Agents	Surrogated Income Limit:	Surrogated Income Limit: >Rs. 30000
3	LIC Policy Holders Salaried	Min: Rs. 1.80 lakhs p.a.	Min: Rs. 3.00 lakhs
4	LIC Policy Holders Self Employed	Min: Rs. 1.80 lakhs p.a.	Min: Rs. 3.00 lakhs
5	LIC Policyholders – HNI (GC) Segment	Surrogated Income Limit:	Surrogated Income Limit: >Rs. 30000

Other Criteria:

• Should be an Indian citizen. Foreign Nationals, NRIs & PIOs are not eligible to apply.
• Should not be a minor or illiterate person.
• Have Permanent Account Number (PAN) issued by Income Tax Department.

Documents to be furnished:
The prospective applicants will be from three different segment as above and hence will have different requirements. However, the requirements can be broadly classified into the following sub groups. They are:

• KYC Requirements including Photo-Identity Proof & Address Proof
• Income or Income-surrogated Documents
• Relationship with LIC proof

Photo-Identity Proof: Copy of PAN Card is a mandatory document. In exceptional cases, where PAN No. is available but PAN Card is not available, one of the following documents may be submitted as alternate ID Proof;
Indian Passport, Driving Licence, Voter ID Card, Aadhar Card, Employment – ID card with photo issued by Government or PSUs, Ration Card with Photo, Copy of Bank Passbook with Photograph issued by nationalized Banks, IRDA Licence with photo, LIC/Group Companies’ ID Card. Any document that is submitted as a part of KYC must be within the validity period. No expired documents shall be accepted in this regard.

Address Proof: The following documents shall be accepted as valid Address Proof for all the segments; Indian Passport, Ration Card, Driving Licence, Utility Bills such as Electricity, Telephone, Gas, Water, Postpaid Mobile, House Maintenance Bills etc. (Utility Bills payment date must not be more than 3 months old as on the date of Application). Bank Passbook (at-least one customer induced transaction during last 3 months). Rent Agreement, Lease Agreement, Aadhaar Card, Government / PSUs / LIC / Bank issued Staff Quarter Allotment Letter, Official Identity Card containing Residential Address (In case of Government, PSUs, Employees of LIC & Group Companies and Banks only) LIC Policy Bond, LIC Premium Receipt or Policy Status Report (If current residence address is mentioned). Employer’s Certificate in prescribed proforma in case of LIC Employees only. Certified Agency Status Report extracted from LIC’s Database through eFEAP Program (in case of LIC Agents only).

Income Proof:
a) LIC Employees: No Surrogated documents are allowed for this segment. Income proof is mandatory, which can be one of the following documents:

• Last 3 month’s Salary Slip or 3 months’ Salary Certificate issued from Salary Module of Branch eFEAP Program.
• Form 16 of the Current Assessment Year.
• Latest submitted ITR.

b) LIC Agents:
i) Income Documents: One of the following two documents

• Form 16-A of the Current Assessment Year (Immediately preceding FY).
• Latest submitted ITR.

ii) Income-Surrogated Documents: No separate Income Proof is mandatory for this segment. All eligible Clubmember Agents are to submit Certified Agency Status Report showing the Club Membership Status in lieu of Income Proof.
c) LIC Policyholders:
i) Salaried Segment: One of the following documents;

• Three month’s Salary Slip or Three month’s Salary Certificate.
• Form 16 of the Current Assessment Year (Immediately preceding FY).
• Latest submitted ITR.

ii) Self Employed Segment: Both the following documents are required.

• Latest submitted ITR.
• Last 6 months Bank Statement.

iii) HNI Segment (GC):

No separate Income Proof is mandatory for this segment. All eligible policies (Non single premium, In-force/Fully Paid-Up, 3 Years or more duration) Certified Status Reports or Premium Receipts are to be submitted in lieu of Income Proof. A multiplier factor of 10 will be used to arrive at the Notional Income for this segment (Total Annual Non-single Premium X 10 = Notional Net Annual Income). However, depending on eligibility, Income Proof as mentioned above may additionally be submitted. In case, additional income proof is submitted, higher of the actual income & notional income shall be considered while determining the Net Annual Income.

In case the income proof does not clearly show Net Annual Income, then 80% of the gross income shall be treated as Net Annual Income. For Example: Form 16, Form- 16A, ITR may not disclose the deductions. In such cases, 80% of Gross Annual Income shall be treated as Net Annual Income. In case of Salary Slip, 12 times of Average Monthly Net Income shall be considered as Annual Net Income.

Handwritten Salary Slip shall be accepted only in case of Government/PSU Employees. However, the same must be signed & stamped by Authorized Signatory.

For self employed, ITR should be in the name of individual and not in the name of the company / firm.

Electronically/web-based submitted ITR shall also be accepted.

Relationship Proof:

i) LIC Employees: One of the following documents to be submitted.

• Identity Card Issued by LIC of India/Group Companies.
• Employer’s Certificate in prescribed proforma

ii) LIC Agents:

• Certified Agency Status Report extracted from LIC’s Database through eFEAP Program.

iii) LIC Policyholders: One of the following documents to be submitted.

• Copy of LIC Policy Bond
• LIC Premium Receipt
• Policy Status Report.

Contact Customer Care Number LIC Cards

24 hours Toll Free Telephone N	1800 22 6606
24 hours Telephone No. [Calls charged]	022 4042 6009
For any other operational issues, information/Card related feedback, Our Division may be contacted at: On all working days Mon : 1000 to 1700 hrs Sat : 2nd & 4th Saturday Holiday	0824-2444103,2861665