LIC Card is a Credit Card service from Corporation Bank one of the reputed nationalized bank in collaboration with LIC (Life Corporation of India).
LIC Card – Hassle Free Credit Card
You know getting the credit card is easy now a days, but maintaining is difficult. Wrong billing, unreasonable interest rates, violation of agreements, yearly high maintainance fee are common with most credit cards. I think these hassles may not exist with LIC Cards, because it is the collaboration service of two government sector institutes LIC and Corp. Bank.
Benefits of LIC Credit Card
- Maintaining by LIC, Corporation Bank.
- VISA Card – International valid.
- 45 days time to pay your bill.
- Card with your Photo and Signature.
- Silver, Gold cards available.
- Add on cards also available.
- 24 Hours customer care center.
- Upto 70 days grace period for LIC Premium.
How to Get LIC Credit Card
Eligibility Criteria for LIC Credit Card
1.You should have LIC Policy. At least one Policy should be running since one year at the time of appliction date.
2.For Classic(Silver) card, your Anual net income should not be less than one lakh for Salaried and not less than one lakh fifty thousand for self employeed. For Gold Card your Anual net income should not be less than one lakh fifty thousand for Salaried and not less than Two lakh for self employeed. For Senior Citizens One lakh for Classic Cards and One lakh fifty thousand for Gold Card is sufficient.
3.Age should be between 21 and 65 years. Upto 70 years allowed for Senior citizens.
4.Applicant should be Indian Citizen, Major and Literate
5.Applicant should have PAN Card
Documents required to Submit for LIC Credit Card
1.For Address Proof, self attested Photo copy of any one Voter ID card
Passport, Driving License, Latest Electricity Bill, Latest Landline Telephone Bill, Certificate on Employer’s letterhead.
2.PAN Card Photocopy self attested.
3.Latest Salary Slip attested by controlling officer / Drawing officer for Salaried employees, for Self employees self attested photo copy of form 16 / IT Return.
4.Latest Passport size photo
How to Apply for LIC Credit Cards
1.You can apply through your LIC Agent or LIC Cards Representative or Directly by downloading the application form, enclosing the required documents and sending to LIC Card Services Ltd.,6th Floor, Jeevan Prakash Bldg., 25, K. G. Marg,New Delhi PIN 110001.
2.Follow the guidelines to get LIC Cards.
3.Contact 1800223033 (toll free) for any queries.