One more Benefit

of having a
LIC Policy

Now get LIC

International
Credit Card FREE !

LIC CARDS SERVICES LIMITED

HAS LAUNCHED A VARIETY OF
NEW CREDIT CARDS
WHICH ARE BEING MANAGED BY
AXIS BANK

14/09/2011

BENEFITS OF
LIC CREDIT CARD
In addition to usual benefits of Credit Cards, LIC Cards
provide unique benefits like:--

Convenience of paying LIC PREMIUM

through Mandate.

Enjoy longer grace period for

LIC premium payment.

Double Reward Points on payment of
LIC PREMIUM through LIC CARDS.

WHY SHOULD ONE HAVE A

CREDIT CARD

CONVENIENCE Do not have to carry cash.

SECURITY Safer to carry Credit Cards
than Cash or Debit Cards.
SMS on swipe
Blocking on lost card
Password for online purchases

WHY SHOULD ONE HAVE A

CREDIT CARD

Build credit history in Credit Rating Agencies like CIBIL

etc because having no history can cause credit denials.
Free Credit Period / Reward Points / Discount and cash
back Offers / Visa and MC prerogatives
Emergency Protection.
Universal Acceptance.
E-Mail, Phone or Internet Purchases.

Who can get a LIC Card ?

LIC CARD can be issued to

LIC Employees &

LIC Policyholders.

(There is no restriction on the duration,

type or amount of policy held by the
policyholder)

Special Offer for You

There are four variants of the LIC Card :

LIC Gold Card

LIC Titanium Card
LIC Platinum Card
LIC Signature Card

On VISA Platform
On MasterCard Platform
On VISA Platform
On VISA Platform

Presently there is NO Joining Fee, Annual

Fee or Renewal Fee on any of these Cards.
Currently most of the card issuers
have introduced fees on their cards.

OTHER FEATURES.

Fuel surcharge refund on fuel spends on all

fuel stations across India (for transactions
between Rs 400/- and Rs 4000/-) on LIC
Titanium Card, LIC Platinum Card and LIC
Signature Card.
Double reward points on payment of LIC
premium through any of the LIC Cards.
Double reward points on international
spends.

OTHER FEATURES..

Complimentary access to Select Airport

lounges in India for LIC Titanium and
LIC Signature Card Holders.
All usual features like interest free credit
period of up to 50 days, zero lost card
liability, VISA/MasterCard offers etc are
available.

ELIGIBILITY CRITERIA
Age Criteria
Primary Card holder
Min age : 18 years

Max age : 60 yrs

Add-on* cardholder
Minimum Age: 15 years No maximum age prescribed
*(Maximum of 4 add-ons can be issued to a primary card )

Residential status
Credit Card can be issued only to Individuals resident in India

ELIGIBILITY CRITERIA
MINIMUM NET INCOME
CARD TYPE Minimum Net Annual
Income (Rs)
GOLD
1,80,000
TITANIUM
3,00,000
PLATINUM
5,00,000
SIGNATURE
15,00,000

ELIGIBILITY CONDITIONS
Eligible Segment
Following segments are eligible :

(a)LIC Employees
(b)LIC policy holders (not Life Assured)

Serviceable pin code Location

Residence should be in serviceable pin code location as given
on the website.

NOT ELIGIBLE FOR

PRIMARY CARD
Housewives and retired Persons.
People having Income less than the Minimum
Net prescribed Income.
People residing in Non Serviceable Areas.

Credit Worthiness

CIBIL records are checked before deciding

whether a card is to be issued.
Applicants with adverse credit history default/ settlement in a previous loan case are not granted cards.
Applicants with no CIBIL record
(generally first time borrowers) are
considered, if their net income is Rs.25,000
p.m. or Rs.300,000 p.a.

DOCUMENTS REQUIRED
1. Copy of PAN Card
OR
Duly filled Form 60 (Only if PAN Card
never issued) with any one of the following
documents as Photo Identity proof:

Valid Passport (un expired).

Voters Identity Card.
Valid Permanent Driving License (un-expired)
containing photograph of applicant.

DOCUMENTS.
2. ADDRESS PROOF
Self attested copies of any one of the following
documents is to be submitted by way of proof of the
present residential address :

Passport.

LIC Policy/ premium receipt/First Premium Receipt

not more than a year old.

Ration Card.

Utility bills such as electricity bill, telephone bill,

postpaid mobile bill, house maintenance bill, water
bill, gas bill, etc. (not more than 3 months old).

DOCUMENTS(ADDRESS PROOF)

Other bank credit card statement not more than 3

months old. Statement should either have full
credit card number or stencil imprint on the
statement.
Bank statement/passbook with transactions not
more than 3 months old from the date of
application with minimum three customer induced
transactions.
Registered lease / leave and license agreement in
the individual name, which are not expired. In
case of unregistered agreement, copy of the utility
bill in the name of owner (not more than 3 months
old) is required.

DOCUMENTS(ADDRESS PROOF)

LIC Staff quarters allotment letter.

LIC ID Card wherein the address is mentioned and
matches with the address mentioned in the Application
form.
*Note : Where address proof is in the name of blood
relative / spouse, relationship proof would be
required.
*Note : In case of add-on applicant, if add-on
applicant stays with primary applicant, a declaration
from primary applicant in prescribed format as per
Annexure B is required. Else, address proof in the
name of add-on applicant is required.

DOCUMENTS.
3. INCOME PROOF
FOR SALARIED CLASS :
Copy of latest Form 16
OR
Last 1 months salary slip. Salary slip should
contain account number and name of bank in
which salary is credited or bank statement
reflecting salary credit of the salary slip needs to
be submitted.
OR
Salary certificate with last 1 months bank
statement.

DOCUMENTS..(INCOME PROOF)

FOR SELF EMPLOYED :

Copy of latest Income Tax Returns (ITR)
and copy of ITR acknowledgement.
OR
Profit & Loss A/C, Balance sheet attested by
CA with membership number and copy of
ITR acknowledgement.

DOCUMENTSITR Related
ITR RELATED :
Copy of ITR should be as follows:

ITR 1: acknowledgement with first two pages

ITR 2: acknowledgement with 6 pages

ITR 3: acknowledgement with 7 pages

ITR 4: acknowledgement with first 9 pages

ITR V: acknowledgement with computation of income or copy of

ITR.

Note : ITR 1 SAHAJ (5 pages) and ITR 4 SUGAM (7 pages) can

be accepted.

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

In case Income Tax Department has acknowledged ITR form with

stamp and serial number instead of acknowledgement, the same can
be accepted.

OTHER MADATORY DOCUMENTS

EMPLOYEES OF LIC
Photo copy of Employee ID Card containing employee
number on it.

E-Mail id (if available)

Policyholders of LIC

Latest LIC premium receipt (policy should be in force) /

First Premium Receipt (where date of commencement < 1
year)

THE LIC CARDS ARE

MARKETED THROUGH
LIC Sells Representative
only

For your FREE Card

Please Call
Arnob bose

9830091498

THANK YOU