LIC IPO And Process To Apply For IPO If You Own The Policy In LIC. How To Link Your PAN No. To The Policy?
IPO Of LIC is one of the most hyped IPOs and it will be the largest IPO of the Indian IPO market. Those who don't know about the IPO of LIC. The Government has announced the IPO of LIC, and very soon LIC IPO will hit the market. LIC IPO is always in the news. Investors are eagerly waiting for this IPO. LIC might file the DRHP for IPO soon. The government has announced that they will dilute the 10% stake of LIC and will give a chance to the public to have a small ownership in the largest insurer in India. LIC has also announced that they will keep the 10% of the IPO size reserved for policyholders. This article is all about that. If you like to know more about the IPO of LIC then click here to read more about it. We will guide you step by step on how you can apply for the LIC IPO and what is necessary to apply for the IPO.
What Do You Need To Apply For The IPO?
As per the LIC documents on their website. You will need two things to apply for the LIC IPO.
- PAN Card - Pan Card is a must-have thing in case you want to apply for the IPO of LIC If you do not have the PAN card then you should get one immediately. You should contact a nearby person or someone who can help you in the process to apply for a PAN card. PAN card is mandatory for income purposes and the gain you will receive from the IPO will be treated as income. PAN card is mandatory for that. LIC is also running the campaign to spread awareness about it so this can reach all the policyholders and they all can get the maximum benefit from it. You see the importance of the PAN Card. Pan Card is mandatory in many other things too, so if you don't have one you need to get one immediately
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- Demat Account - Demat is mandatory for anyone who wants to invest in the security or money market. You will need a Demat account to apply for the IPO of LIC. It is for those who don't know about the Demat account. A Demat account is a short form of a dematerialized account. It is used to hold or trade in securities or funds in digital form. You will need a Demat account for this. If you don't have one, you need to open a Demat account as soon as possible. You Can open one with Upstox. Click here to open your Demat account. You will need an Aadhar card and PAN card to open the Demat account in your name. If you want to active the future and options section then you also need to submit income proof. We can help you with your Demat just click on the link above and our team will get in touch with you.
How To Link Pan Card With LIC Policy
The process of this is very simple. It's not very hard to do the process. You just need an internet connection. Click on the link https://linkpan.licindia.in/UIDSeedingWebApp/ . It will take you to the LIC website and you have to follow simple steps to link your PAN to policy. Now take a look at the below pic.
As You can see in the image, all these options will be available on the page. We will guide now step by step.
- The first step is to enter the DOB as per the document.
- Then enter your registered email ID or enter a new email ID. If when you bought the policy you did not submit any Email. Then you can enter a fresh email ID. This will do the job.
- You need to submit your PAN number of yours.
- After that you will see the option to submit your full name, enter that and move to the next option.
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- The next option is of mobile number, enter your registered mobile number there.
- Now you are at the last step, which is the policy number. Now you need to enter the policy number.
- Then click on the check box and then enter the right and exact captcha as it is in the image. After this, you can click on get OTP. You will receive an OTP submit that and your PAN is linked with your policy. Smile, Right?
Please Note - If there are some changes in the policy details from the time you purchased the policy. you need to update that policy as soon as possible. For example - when you purchase the policy at that time you used to live somewhere else and now you live at some other place. Then you need to update the current address on which you are living now. So if there are any changes in the policy, update that ASAP. Your KYC has to be updated. https://licindia.in/ Click on this link to update all the details in your policy. Check out E-services then you have to follow the instructions on your screen.
How you can check the link status of the PAN linking.
https://linkpan.licindia.in/getPolicyPANStatus, Click on this link. After clicking on the link. Add all the details.
- Enter policy number
- Then add your date of birth.
- Enter your PAN no.
- Then enter the captcha and click on submit.
Full process and exact steps of how to apply for the IPO of LIC as a policyholder will only be available. Once the company announces its IPO details and date.
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