LIC IPO News: Last date to link policies with PAN is today; see step-by-step guide of linking process

LIC PAN Link Last Date: Life Insurance Corporation (LIC) had filed DRHP with SEBI on February 13, 2022. The issue will be opened for the public in March. It is going to be the country's largest initial public offer (IPO). 10 per cent of the shares of the company will be reserved for the LIC policyholders, as per LIC IPO DRHP. In order to claim this benefit, the policyholders will have to link their policies with Permanent Account Number (PAN). They must know that today, February 28, 2022 is the last date for linking LIC policies with PAN. 

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The process of linking the LIC policies with PAN is not difficult at all. One has to follow some simple steps to complete the entire process. The steps for following the process are as follows:

Step 1: In the first place, one has to login to the official website of LIC at licindia.in

Step 2: Now, one has to select the 'Online PAN Registration' option which is present on the homepage

Step 3: The user now will have to keep the PAN card the list of policies to be linked in handy

Step 4: The user will now have to click on the 'Proceed' option

Step 5: The user will have to enter his or her e-mail ID, PAN number, mobile number, policy number and after entering the Captcha will have to click on 'Get OTP'

Step 6: The user will then have to enter the OTP received on the mobile number

Step 7: After submitting the form, a message will be shown on the success of the registration request.

In this regard, it can be said that on Saturday, the union cabinet approved the foreign direct investment (FDI) proposal  of investing up to 20 per cent in LIC IPO. 

In case of further details and query, one can login to the official website of LIC at licindia.in.