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: 17 Jan, 2022, 13:53 IST
33 19226

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.

Link PAN to LIC Policy to Apply for LIC IPO

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.

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.

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.

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

    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.

      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.

      33 Comments  |  
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      Mobile Guru Mobile Guru

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

      Deal Cadet Deal Cadet

      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 Newbie Deal Newbie

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

      Deal Newbie Deal Newbie

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

      Deal Lieutenant Deal Lieutenant

      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
      Admin
      ajain.ec434 wrote:

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

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

      Deal Captain Deal Captain
      TechnoFrendz wrote:

      Video mein kaun che ?

      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

      Deal Cadet Deal Cadet
      Darknet_India wrote:

      Contact your agent or me

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

      Deal Subedar Deal Subedar
      Expand
      PandaLife wrote:

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

      DOB cannot be changed in old policies. If it is your mistake.

      But if it is their mistake they would rectify it.

      But you can still get Pan updated by visiting your home branch and explain the situation. Only updation will not work.

      Deal Subedar Deal Subedar
      Expand
      UniqueDimer wrote:

      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

      YouTube mei main nhi hun toungueout 

      T – not me in YT

      Deal Newbie Deal Newbie

      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 Cadet Deal Cadet
      Expand
      Darknet_India wrote:

      DOB cannot be changed in old policies. If it is your mistake.

      But if it is their mistake they would rectify it.

      But you can still get Pan updated by visiting your home branch and explain the situation. Only updation will not work.

      ok cool thanks

      Deal Newbie Deal Newbie

      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

      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

      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 Newbie Deal Newbie
      shihabudheenk wrote:

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

      May be someone familiar will reply for plan details

      replyuser
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