Linked PAN Card with LIC policy? Here’s how to do it
Zee News
The government has set a deadline of September 30, 2021 for integrating PAN and Aadhaar.
New Delhi: It is now necessary to link a PAN to various documents. In this regard, the Income Tax Department has long issued guidelines which state that linking your PAN card with your Aadhaar number is critical, and failure to do so may result in the closure of your PAN. The EPFO is also bound by the same rules. Companies would be unable to deposit funds into your PF account until you link your PAN and Aadhaar. Link your PAN card to Aadhaar if you haven't already.
The government has set a deadline of September 30, 2021 for integrating PAN and Aadhaar. The market regulator, SEBI, has implemented a similar rule, forcing investors to link their PAN to Aadhaar by September 30. LIC has also asked for PAN to be linked on this basis.
According to LIC, there are various benefits to linking your PAN to your insurance. You must submit your cell phone number for this, and an OTP will be delivered to that number. The linking of the documents will be completed with that OTP. Following the submission of the form, a message appears informing you that the registration has been completed. You can complete this activity fast by heading to the LIC website. LIC has offered three steps for this, making it straightforward to attach a LIC policy to a PAN.
