The IPO of Life Insurance Corporation of India (LIC), the world’s largest government insurance company, may come in March this year. In such a situation, if you have taken a policy of LIC and you want to participate in its IPO, then you will have to update your PAN in LIC. You have to complete this work by 28 February.
It is necessary to link PAN with the policy
LIC has said that to participate in the IPO, the policy holder should check whether the PAN information given in the record is correct or not. If it is not correct, then update the PAN information. It is necessary to link PAN with the policy for investing in IPO.
How to check if PAN is updated or not
Enter the policy number, date of birth and PAN information, as well as the captcha. Then press submit button.
After this you will know whether PAN is linked with your policy or not.
Can update like this
Visit this https://linkpan.licindia.in/UIDSeedingWebApp/.
Enter your email ID, PAN, mobile number, date of birth and LIC policy number.
Enter the captcha code in the box.
Request for OTP from your registered mobile number.
Once you get the OTP, fill it and submit it.
After submitting the form, you will get the message of successful registration.
The country’s biggest IPO will be
This will be the biggest IPO of the country till date. Its size can be between 60 thousand crores to 70 thousand crores rupees. The company has reserved 10% share for policyholders. An LIC policyholder can apply in both retail as well as policyholder categories.