LIC Credit Card: Many Benefits Including Double Reward Points And Discounts

Life Insurance Corporation of India (LIC) has brought a special credit card facility for its policyholders and agents. If you have invested in any policy of LIC, then you can apply for LIC credit card sitting at home. For this, LIC has tied up with IDBI Bank. Let us inform that recently LIC CSL has started the facility of credit card. Lumine Card and Eclat Credit Card facility is being provided by LIC to policyholders and agents. It has been told that at present these cards are being given to the policyholder, agent or member but later they will be issued to the general public as well. 

How to apply for this card?

If your age is between 18-70 years and you are a policyholder, then you can get this card easily.

These documents are needed

  • Pan Card

  • Color photo

  • Latest payslip

  • Bank statement

  • Photocopy of ITR

  • Passport, DL, Voter ID or Aadhaar

Benefits of LIC Credit Card

Fuel surcharge waiver

If you fill oil in your car from any petrol pump, then you will get 1 percent fuel surcharge at the pumps. However, this transaction should be between Rs 400 to Rs 4000.

EMI Convert

Any purchase transaction above Rs 2500 can be converted into monthly installments and repaid at low interest rates. Customers have to apply it within 20 days of purchase. 

Balance transfer

If you want to transfer the outstanding amount of any other bank’s credit card to LIC’s credit card, then you can do it easily. LIC offers attractive interest rates for balance transfer.

Add on Card

The primary card holder can make a maximum of 3 add on cards for his family, spouse, parents, mother-in-law, brother-in-law and children below 15 years of age.

Insurance cover

Complimentary lost card liability insurance is available up to the credit limit. Apart from this, personal accident cover of Rs 3 lakh and accidental insurance of Rs 1 crore is available.