Deadline for Policyholders to Linking PAN Card With LIC
Policyholders must have two things in order to invest
in the much-anticipated LIC IPO: their PAN must be updated on the LIC portal,
and they must have a demat account.
According to the LIC DRHP filed with SEBI,
policyholders who do not update their PAN before February 28, 2022 will be
ineligible to participate in the IPO's policyholder portion. A policyholder who
has not updated his or her PAN details with our Corporation within two weeks of
the date on which this Draft Red Herring Prospectus was filed with SEBI (i.e.,
by February 28, 2022) will not be considered an Eligible Policyholder."
Apply for LIC IPO Online
The promoter, who owns a 100% stake in the insurance
behemoth, is offering to sell (OFS) 31,62,49,885 equity shares in the
initial public offering. The promoter is the President of India, acting through
the Ministry of Finance of the Government of India. The retail portion of the
offer has been set at 35 percent. The policyholder reservation part will be
limited to 10% of the total size and may be reduced. Here's how a LIC
policyholder can change their or her PAN.
How do I
update My PAN in My LIC policy?
To invest in the IPO, the applicant's PAN number must
be updated in the LIC policy. To participate in the LIC IPO, subscribers must
link their life insurance policies to their PAN cards, according to the Life
Insurance Corporation of India.
How do I
change My PAN details on the LIC website?
Step 1: Go to https://licindia.in/ or go directly to
https://linkpan.licindia.in/UIDSeedingWebApp/ on the official LIC website.
Step 2: Visit the home page and click on to 'Online
Step 3: Tap on the 'Proceed' button on Online PAN
Step 4: Make a note that your email address, PAN,
phone number, and LIC policy number are right.
Step 5: In the box, type the Captcha code correctly.
Step 6: Select 'Get OTP' option
Step 7: Once you've received the OTP, enter the digits
into the portal's appropriate field and submit it.
check PAN-LIC status
Step 1: Go to
https://linkpan.licindia.in/UIDSeedingWebApp/getPolicyPANStatus to verify your
Step 2: Along with the captcha, enter your policy
number, date of birth, and PAN. After that, click the Submit button.