LIC PAN Link 2022: LIC’s IPO is going to open in March. To take advantage of this, it is necessary to link the policy with PAN.
LIC PAN Link 2022: This is important news for LIC policyholders. If you have not yet linked your LIC policy with PAN, then do this work immediately. If this is not done, then LIC will not be able to become a part of the IPO and will not be able to take advantage of its benefits.
The Life Insurance Corporation (LIC) had filed the DRHP with SEBI on 13 February 2022. The company’s IPO will come in March. This is going to be the biggest IPO in the country.
As per LIC IPO DRHP, 10 percent of the company’s shares will be reserved for LIC policyholders. To claim this, policyholders need to link their policies with Permanent Account Number (PAN). 28 February 2022 is its last date.
LIC PAN Link 2022: Step By Step Process
Step 1: First of all log on to the official website of LIC at licindia.in
Step 2: Now, select the option ‘Online PAN Registration’ present on the homepage
Step 3: User should now have a list of his PAN card number and his LIC policy number ready
Step 4: Now the user has to click on ‘Proceed’ option
Step 5: On the new page that will open, the user has to enter E-mail ID, PAN number, mobile number, policy number and click on ‘Get OTP’ after entering the captcha.
Step 6: Enter the OTP received on the mobile number and press the submit button.
Step 7: On submission, the message of successful linking of LIC policy with PAN will come.
Earlier, the Union Cabinet approved amendment in the FDI policy to allow foreign direct investment (FDI) in Life Insurance Corporation to 20 percent under the automatic route. This decision has come before LIC’s IPO.
It is being said that this IPO coming in March will be the biggest IPO in the Indian capital markets so far.
