LIC
Premium Payment
Effortlessly through LIC Card Powered by Axis Bank!!!
Benefits
·
No Convenience Fee
·
Increase in effective days of grace Period
·
Bonanza – Grace Period up to 75 days*
·
DOUBLE REWARD POINTS on LIC Premium Payment
Modes of Premium payment by
LIC Card
· Auto Debit from LIC Card (Mandate
form)
· Through Point of Sales at LIC
Branches (If Available)*
LIC Premium through LIC
Card by Mandate (Auto Debit)
· Send MANDATE FORM with details to
Axis Bank on the given address
· Registration will be confirmed by SMS
· Information in advance will be given
for bill date by SMS
· Debit of Premium- 3-5 days before end
date of Grace Period
· Working Example – DOC – 28th
December
-
Grace
ending on – 28th January
-
Debit
of Premium from Card (auto) – 24th January
-
Bill
on 22/02 (next 22nd) – Billing date of LIC Card (22nd
February)
-
Pay
by 11/03 to the Axis Bank (11th March – Last date of Payment of the
O/S bill of Card)
Requirements
and Eligibility for LIC Card for POLICY HOLDERS
|
Policy
Duration
|
Annualized
Premium
|
Salaried
|
Self-Employed
|
|
More than
3 Yrs
|
Equal to &
More than
Rs. 75000/-
(Non
Single on self life)
|
1.
Latest Colour Photograph
2.Copy
of PAN Card
3.Copy
of Address Proof*
4.Income
Proof not required Signature Card will be given
|
1.Latest
Colour Photograph
2.Copy
of PAN Card
3.Copy
of Address Proof*
4.Income
proof not required
Signature
Card will be given
|
|
Equal to &
More than
Rs. 30,000/-
(non
Single &
On self
life)
|
1.Latest
Colour Photograph
2.Copy
of PAN Card
3.Copy
of Address Proof*
4.Income
Proof not required
|
1.Latest
Colour Photograph
2.Copy
of PAN Card
3.Copy
of Address Proof*
4.Income
Proof not required
|
||
Less than
Rs. 30,000/-
(non
Single &
On self
life)
|
1.Latest
Colour Photograph
2.Copy
of PAN Card
3.Latest
ITR or F-16 or last month’s Salary Slip
|
1.Latest
Colour Photograph
2.Copy
of PAN Card
3.Copy
of Address Proof
4.Latest
ITR
Only Acknowledgement with computation (if e-filing)
Latest ITR – Complete with computation, P&L A/C, Balance Sheet,
CA Attestation with membership number (if manual filing)
|
||
Less than
3 Yrs
|
Any
Amount
|
1.Latest
Colour Photograph
2.Copy
of PAN Card
3.Copy
of Address Proof*
4.
Latest ITR or F-16 or last month’s Salary Slip
|
1.Latest
Colour Photograph
2.Copy
of PAN Card
3.Copy
of Address Proof*
4.Latest
ITR
Only Acknowledgement with computation(if e-filing) latest ITR-
Complete with computation, P&L A/C, Balance Sheet, CA Attestation with membership
number (if manual filing)
|
|
Annualized
Premium=> Rs. 75,000/-
Or
Net Annual Income=>Rs. 9 lakh
|
Annualized
Premium=> Rs.75,000/-
or
Net Annual Income=> Rs. 12 lakh
|
|||
Eligibility Condition for
Signature Card
|
LATEST
POLICY STATUS REPORT/PREMIUM RECIEPT/PREMIUM PAIDCERTIFICATE OF INFORCE
POLICY IS REQUIRED
|
Salary
Slip if Submitted must incorporate Bank A/c No., Bank Name & Company logo
if not then 3 Months’ Bank Statement is required (Not required if Applicant
has account in Axis Bank)
|
***Signature Mismatch
Form should be attached – if signature is not matching with PAN Card
ADDRESS PROOF (Any
One)-VOTER CARD or DRIVING LICENCE or PASSPORT or ADHAR CARD
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