How to Link Your LIC Policy with PAN to apply for LIC IPO Quota?

Check whether your PAN is linked to your LIC Policy or not. This is important as you can apply to the upcoming LIC IPO only if it is linked successfully.

by FighterMan Updated: 12 Apr, 2022, 09:21 IST
35 28723

LIC IPO promises to be the biggest Indian IPO till date with Rs 1 lakh crores estimated. It will surpass the 2nd largest Paytm IPO which was of around Rs 18k crores. The LIC IPO opening date is not announced yet, but it is believed to be coming in a few months time.

https://cdn0.desidime.com/attachments/photos/725992/medium/58824-lic-pan-zee-biz.jpg?1638533315

Life Insurance Corporation of India recently declared that if LIC Policy holders (under LIC Policy Reserved Quota) want to apply for the LIC IPO  then they will have to compulsorily link their PAN with their existing LIC policies. The LIC Policy Quota reserves upto 10% shares to opt for out of the complete LIC IPO issue size. 

The reason for this LIC PAN Linking is Validation (Demat Account), e-KYC, and all other service aspects related to LIC. You can get all the details of the LIC IPO here.

If you have LIC Policies and want a share in the LIC IPO, but don’t have a demat account then you won’t be able to apply. Thus, Get a Demat Account which gets created in minutes these days. You can also apply for the LIC IPO without having an LIC Policy, but your chances to get allotment will be lesser comparatively.


Steps to Link Your LIC Policies with PAN for LIC IPO Application

1. Visit this LIC PAN Link to check if your PAN is linked to your policy or not.

2. Here, you need to provide your policy number, date of birth, and PAN number.

https://cdn0.desidime.com/attachments/photos/725995/medium/lic1.png?1638533409

3. After clicking “Submit” if you get a ‘PAN not registered’ message then you need to move ahead for linking PAN with LIC Policy else you can opt-out.

https://cdn0.desidime.com/attachments/photos/725996/medium/lic2.png?1638533431

4. Now, click on the above button (click here) to proceed further.

5. A new form will open asking for your DOB, gender, email, PAN, full name, mobile number (which is registered with your LIC policy), and policy number.

https://cdn0.desidime.com/attachments/photos/725997/medium/lic3.png?1638533561

6. After filling it you need to tick a self-declaration check box, enter CAPTCHA, and click on “Get OTP”.

https://cdn0.desidime.com/attachments/photos/725998/medium/lic4.png?1638533589

    7. Enter the OTP received on your registered mobile number. It will also show the details provided by you on the top so that you can recheck before proceeding ahead.

    8. That’s it! You will receive an acknowledgement message such as the one shown below.

    https://cdn0.desidime.com/attachments/photos/726000/medium/lic5.png?1638533631

      This was all about PAN linking to LIC Policy. You can also checkout the Latest IPO News for updates on the upcoming IPOs in December 2021.

      Blogger
      I love saving money on everything. My aim is to get my readers what they are looking for and that too without wasting much of their time. Whatever I am writing on, you are sure to find a way to save good!
      35 Comments  |  
      28 Dimers
      • Sort By
      Deal Newbie Deal Newbie
      Link Copied

      thanks

      Mobile Guru Mobile Guru
      Link Copied

      LIC IPO won’t be surpassed for a long time. There’s hardly a company which will become such a behemoth in future.

      Deal Lieutenant Deal Lieutenant
      Link Copied

      Thanks

      Deal Cadet Deal Cadet
      Link Copied

      Good info. Thanks plus1

      Deal Newbie Deal Newbie
      Link Copied

      Hay

      Deal Cadet Deal Cadet
      Link Copied

      Worst site LIC never works properly

      Deal Cadet Deal Cadet
      Link Copied

      Will the IPO/Share generate any positive return?

      I see LIC, Another UTI waiting to happen.

      Government is not doing it because they know. The shark is too big to fall.

      Deal Subedar Deal Subedar
      Link Copied

      Contact your agent or me

      Deal Cadet Deal Cadet
      Link Copied

      my dob is incorrect in my lic policy.. is it possible to rectify it? And link pan ?

      View 2 more replies
      Deal Newbie Deal Newbie
      Link Copied

      Is there any advantage to link all LIC policies with pan or linking a single policy is good enough?

      Blogger Blogger
      Author
      Link Copied

      all policies are compulsory for chance of a share in the LIC Policy Quota. 

      View 1 more reply
      Deal Newbie Deal Newbie
      Link Copied

      Hii

      Beacon Beacon
      Link Copied

      Good, this is informative 😀

      Deal Newbie Deal Newbie
      Link Copied

      which is small plan to become lic policy holder, so that I can apply in this category during ipo?

      Deal Newbie Deal Newbie
      Link Copied

      May be someone familiar will reply for plan details

      Deal Lieutenant Deal Lieutenant
      Link Copied

      For me it shows, “PAN details entered by you do not match with our records.” How is it possible? How to correct it?

      Deal Lieutenant Deal Lieutenant
      Link Copied

      Someone might have committed a mistake. Whatever number u write the policy, they are not matching name, simply link it. Worst, one policy holder for dlf pramerica given my mobile number, and he is irregular in payment, I am being contacted frequently thru msgs n calls. I am fed up telling them I am not the person.

      Deal Subedar Deal Subedar
      Link Copied

      Video mein kaun che ?

      Pro Analyst Pro Analyst
      Link Copied

      Kamaal hai yaar. Koi query ya doubt ki jagah VideoWali ko jaanne mein jyada dilchaspi dikh rahi hai… stuck_out_tongue_closed_eyes Youtube pe bhi same comment… joy joy

      T: Instead of commenting with query or doubt, it’s noticed that more interest has been shown to know the Vlogger… stuck_out_tongue_closed_eyes stuck_out_tongue_winking_eye joy

      Cc. @FighterMan

      View 2 more replies
      Wingman Wingman
      Link Copied

      Linked my PAN 🙂

      Deal Newbie Deal Newbie
      Link Copied

      hi, 

      What is the advantage in this? 

      willl linking makes the policy holders to apply for IPO at a reduced price? Or simply just a chance in the 10% allocation? 

      Deal Newbie Deal Newbie
      Link Copied

      😄

      Deal Newbie Deal Newbie
      Link Copied

      This way PAN registration is not possible.  You will get mail.  Details are not available with LIC  and ask you to visit LIC nearby office 

      Deal Newbie Deal Newbie
      Link Copied

      This way PAN registration is not possible.  You will get mail.  Details are not available with LIC  and ask you to visit LIC nearby office 

      Deal Cadet Deal Cadet
      Link Copied

      Followed the above steps for 2 policies, a week ago.
      Today checked and says PAN not linked on both policies.

      How long does it take?
      Do we get email confirmation after it is done?

      Deal Lieutenant Deal Lieutenant
      Link Copied

      https://linkpan.licind...n/ use this link to do directly.

      Deal Cadet Deal Cadet
      Link Copied

      what minimum amount is needed to apply for IPO? Around?

      Deal Cadet Deal Cadet
      Link Copied

      Guys anyone faced issues linking and contacted agent to rectify?
      Can you tell me what to do?

      Deal Newbie Deal Newbie
      Link Copied

      LIC already sent emails to policy holders in registered email

      Deal Cadet Deal Cadet
      Link Copied

      Hopefully the ones whose policy could not be linked and you dropped off applying are happy now 😄

      replyuser
      Click here to reply
      Reply