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HomePersonal FinanceLIC IPO: Important news! Waiting for LIC's IPO, so first deal with...

LIC IPO: Important news! Waiting for LIC’s IPO, so first deal with these two important tasks quickly, otherwise…..

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There is not much time left for the country’s biggest IPO LIC to come. In such a situation, if you want to earn from this, then for this you should have two things. Let’s tell.


New Delhi. LIC IPO: Policyholders are waiting the most for the country’s largest IPO LIC. It is reported that LIC may file a draft of documents for the IPO with the market regulator SEBI next week. After the approval of SEBI, the company’s IPO is expected to come in March. But LIC policyholders have a tremendous opportunity to earn from IPO, although for this you should have two things – one is the PAN linked to your LIC policy account and the other is the demat account.

PAN number has to be updated

According to the proposed issue plan of LIC, up to 10 percent of the IPO issue size will be reserved for policyholders. Policyholders must ensure that their PAN details are updated in the LIC records. At the same time, it is also necessary to have a valid demat account to participate in the IPO. KYC is necessary for bidding in IPO. This is the reason why PAN number has to be updated. Policy holders should check whether the PAN information given in the record is correct or not. If it is not correct, then update the PAN information.

Demat account is necessary

If a policy holder does not currently have a Demat Account, then he should plan to open it at his own expense. The corporation clearly stated that the policyholder will bear the cost of opening a demat account and updating PAN. The Corporation will not bear any expenses.

These documents will be needed

– PAN Card
– Mobile Number has to be entered.
– An OTP will be sent to the mobile number registered with LIC.

Check PAN Update Status

1) Go to https://linkpan.licindia.in/UIDSeedingWebApp/getPolicyPANStatus .
2) Fill the details of policy number, date of birth and PAN, as well as enter the captcha. Then press submit button.
3) After the completion of the process, the status will be shown in front of you on the screen.

Can update like this

1) Visit the official website of LIC https://licindia.in/
2) Click on the option ‘Online PAN Registration’.
3) Tap on the ‘Proceed’ button on the same page.
4) Enter your email address, PAN, mobile number and LIC policy number.
5) Enter the Captcha code in the box.
6) Request for OTP from your registered mobile number.
7) Once you get the OTP, enter it in the portal and submit.
8) After submitting the form, a message will appear on the success of the registration request.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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