Online process to link PAN Card with LIC, check deadline and other details ahead of LIC IPO
Zee News
LIC in the draft red herring prospectus has set a deadline for policyholders to link their PAN CARD with LIC. Policyholders can do so before February 28, 2022.
New Delhi: The upcoming IPO of Life Insurance Corporation (LIC) has become one of the most talked about subject in the investment market. However, LIC policy holders must know that they can't subscribe to the LIC IPO if their PAN Card is not linked with LIC.
LIC had previously issued a public notice to all the policyholders of LIC of India regarding subscription of the company’s upcoming IPO stating that its upcoming IPO can be subscribed by the policyholders only if their PAN Card is updated in the company's records. (Also read: Can lapsed policy holders apply for the IPO? Know here)
LIC in the draft red herring prospectus has set a deadline for policyholders to link their PAN CARD with LIC. Policyholders can do so before February 28, 2022.
