LIC Credit Cards

Get an LIC credit card to upgrade your lifestyle with an exclusive rewards program. Earn points on every eligible transaction and maximise your benefits with these lifetime-free credit cards. Here is an overview of the cards:

From attractive discounts to complimentary airport lounge access, these cards have a diverse range of perks. Here are some of the exciting features of some of the top LIC credit cards: 

LIC Classic Credit Card

• Earn 1,000 points on spending the first ₹5,000 within the first 30 days of card activation

• Get 5% cashback of up to ₹1,000 on your first EMI within 30 days of 

• Enjoy a discount of flat ₹500 on Yatra flight bookings for domestic travel

LIC Select Credit Card

• Get a discount of ₹500 on spending ₹899 and above on MYGLAMM

• Enjoy a complimentary membership of PharmEasy Plus worth ₹399

• Get a free 1-year Lenskart Gold Membership worth ₹500

LIC Eclat Card by IDBI

• Earn 4 Delight Points on every eligible transaction of ₹100

• Get 2X points on LIC premium payments

• Earn 1,500 Delight Points on spending a total of ₹10,000 within the first 60 days

LIC Lumine Card by IDBI

• Get 3 Delight Points on every eligible transaction of ₹100

• Earn 1,000 Delight Points on spending ₹10,000 within the first 60 days

• Get 2X accelerated points on LIC payments

LIC Signature Credit Card and LIC Platinum Credit Card

• Earn 2 points for ₹100 you spend on international transactions and LIC premium payments

• Get 1 point for every ₹100 spent on all eligible purchases

• Get 1% fuel surcharge waiver at all fuel pumps across India 

You can earn reward points on a variety of eligible transactions with these cards. All the three partnered banks have their own rewards program. 

Axis Bank’s Rewards Program:

You can redeem points for:

• Gift cards

• e-Vouchers

• Products like pen drives, toasters, and dryers

 

Here are a few things to know about these reward points:

• You can redeem the accumulated points by contacting customer care at 1800 419 0064

• A handling charge of ₹30 (+GST) applies for redemption of points

IDFC FIRST Bank Rewards Program:

You can redeem points for:

• OTT and other memberships

• Gift cards

• Paying dining bills at eligible partner restaurants 

 

Here are a few things to know about these reward points:

• 1 Reward Point = ₹0.25

• You pay a reward redemption fee of ₹99 + GST 

IDBI Bank Rewards Program

You can redeem points on the IDBI Delight platform for:

• Hotel bookings

• Mobile recharge

• Apparel, and more

 

Here are a few things to know about these reward points:

• You will need to pay a convenience fee, which differs for each redemption category

• You may also need to pay an extra delivery if you order merchandise to be delivered to you 

• The value of 1 Delight Point is ₹0.25

Qualification criteria for different cards from the same issuer can vary. Hence, it is essential to review the specific terms before applying. Check the general eligibility requirements established by LIC Cards and their partners before applying.

 

To qualify, you have to meet the following conditions:

• Aged between 18 and 70 years 

• An Indian with an address in a serviceable area or an NRI

• Stable income as specified from different variants

• Salaried or self-employed with a minimum work experience of 1 year and 2 years respectively

• Creditworthy with a credit score of 700 and above

Issuers use the documents you upload to verify your personal information, which makes them an essential part of the application process. Here is the general list of documents you will need to submit and prove your eligibility for LIC credit cards: 

• Identity Proof: PAN card and Aadhaar card

• Address Proof: Ration card or utility bill (electricity, phone, water)

• Income Proof: Income Tax Returns (ITR)/ Latest salary slips/Form 16

 

Disclaimer: Please note that these requirements depend on the card variant. Go through the specific documents needed before you apply for a card.

Once you have your documents in hand, you can apply for an LIC Credit Card online with ease. Before submitting, check the details you have entered in the application form to fix any mistakes that you may have made. Follow the steps below to apply for your selected card without any hassle:

1. Visit the official LIC Cards website

2. Choose the card you want

3. Click on ‘APPLY NOW’

4. Enter your Aadhaar number, date of birth, and mobile number

5. Click on ‘Get OTP’

6. Enter the OTP received on your phone number

7. Fill in any required details

8. Upload the necessary documents and submit your application

 

Note: You can also apply for the cards on the partners’ official websites. Navigate to the credit card section, find the co-branded card and proceed with the application.

LIC Cards Services Limited, backed by the trusted Life Insurance Corporation of India, was incorporated in 2008. It offers co-branded credit cards to suit different customer needs. These cards come in various options, each providing benefits across multiple categories.

 

With exclusive rewards and features, LIC credit cards aim to enhance user experience. Their co-branded offerings make them a reliable choice.

LIC credit cards are hosted on different payment networks based on the partner. Here is a breakdown of these networks:

The credit card charges differ based on the partner bank’s policies and the way you use the card. Here is are the charges you must note when applying for the LIC Credit Cards:

For any concerns and queries relating to your LIC credit cards, contact the customer care team:

• Call: 011-28844288/011-23766896 

• Email: lic-creditcard@licindia.com

You can activate your credit card from LIC Cards by visiting the website or logging into the mobile application of the respective partner bank. 

For credit cards co-branded with Axis Bank:

You can follow the below process on the Axis Bank’s app:

1. Open the application 

2. Navigate to the ‘Credit Card’ Section

3. Tap on the ‘Unbox’ button 

4. Tap on the ‘Next’ button and set usage limits

5. Tap on the ‘Set OTP to set PIN’ option

6. Enter the OTP received on your registered mobile

7. Tap on the ‘Verify’ button and set a PIN for your new credit card to complete the process

For credit cards co-branded with IDBI Bank:

All the chip cards are already activated if IDBI Bank sends it through Blue Dart. However, you will have to activate one if you get it from Speed Post. To activate these cards, you can contact the following customer care numbers:

• 1800 425 7600 (Toll-free)

• 022 - 4042 6013 (Call charges applicable) 

For credit cards co-branded with IDFC FIRST Bank:

To generate the PIN and activate LIC credit cards from the IDFC FIRST Bank, call 1800 10 888.

To discontinue using your LIC credit card, you can follow these steps:

1. Understand that closing your credit card means you can no longer use it for purchases.

2. This may affect your credit score and reduce your financial flexibility. When you're ready for a new card, compare options on Bajaj Markets.

3. Before closing the account, ensure you've paid off all dues and redeemed any points.

4. To close the account, call 011-28844288/011-23766896 or email lic-creditcard@licindia.com. The customer service team will assist with the process.

LIC Cards will send regular reminders to settle any outstanding amounts on your credit card account. These may be sent via post, phone, email, SMS, or through third parties. Any third party appointed will follow the applicable Code of Conduct for debt collection.

 

If you repeatedly fail to pay within 3 days of the due date, you may be added to the defaulter list, and your credit card facilities could be suspended. Removal from this list will depend on full payment of dues and is reviewed on a case-by-case basis.