Life coverage Corporation of India has given a public notification to every one of the policyholders of LIC of India in regard to membership of the organization's forthcoming IPO.
"You might know at this point, the Government of India, in light of a legitimate concern for the policyholders of LIC, has passed a revision to the LIC Act, 1956 allowing the Corporation to reserve a spot on a cutthroat premise, for its policyholders, whenever during the time of five years of the beginning of Section 131 of the Finance Act, 2021, I.e., a long time from June 30, 2021, as one of the saved classifications in any open contribution that the Corporation might attempt later on, dependent upon essential endorsements," said LIC.
The protection behemoth added that to take part in any such open contribution, policyholders should guarantee that their PAN subtleties are refreshed in the Corporation's records. Further, preferring any open contribution in India is just conceivable If you have a legitimate DEMAT account - in like manner, policyholders ought to guarantee that they have a functioning DEMAT account set up. In light of a legitimate concern for our policyholders, LIC said that it has been running notices calling upon policyholders to refresh PAN in LIC records.
Assuming that you have not yet given this Information to the Corporation, LIC has asked policyholders to do it at the soonest on the grounds that it is vital from according to a KYC point of view, just as your capacity to take part in the proposed public contribution by the LIC, as and when it happens.
Here is the cycle for refreshing your PAN subtleties with the LIC
Visit the Corporation site www.licindia.in OR https://licindia.in/Home/Online-PAN-Registration
Keep prepared your approach number, PAN, date of birth, and email ID, which should be filled in while refreshing your PAN.
You might refresh the records for all of your LIC approaches utilizing the above interface.
You can likewise check whether or not your PAN Is enrolled in your arrangement by visiting the Corporation's site www.licindia.in OR https://linkpan.licindia.in/UIDSeedingWebApp/getPolicyPANStatus?
Then again, you may likewise contact your LIC Agent for help.
Image Credit: NCR News