LIC Policyholders

The PAN Updation required for LIC Policyholders

The PAN Updation required for LIC Policyholders

The market leading insurer and financial conglomerate Life Insurance Corporation of India (LIC) has mentioned that every policyholder shall have to ensure that his / her PAN details are updated in the policy records of the Corporation on or before 28th February 2022 in order to be considered an Eligible Policyholder for application in the forthcoming Public Issue. The aggregate of reservations for Eligible Policyholder(s) shall not exceed 10% of the total Offer size. LIC and the Government of India, in consultation with the BRLMs, may offer a discount to the Offer Price to Eligible Policyholder(s), subject to necessary approvals…
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