Alert LIC Policyholders For IPO

LIC IPO


ALERT POLICYHOLDERS




The government currently owns 100 percent of LIC. The government intends to sell a portion of its stock to the public.

In order to participate in such an IPO policyholders will need to ensure that their PAN details are updated in the records.


Therefore the two things that policyholders need to be able to apply for LIC IPO

1. The policyholder's PAN should be updated on the LIC portal.

2. The policyholder should have a Demat account.


HOW TO CHECK PAN-LIC STATUS


1. Click   https://linkpan.licindia.in/UIDSeedingWebApp/getPolicyPANStatus

2. Enter Policy Number, Date Of Birth, Your PAN, Enter Captcha then press Submit button.




DEMAT ACCOUNT


One of the pre-requisites for applying for share allotment in an IPO is Demat Account

There is no need to open a new Demat Account if a LIC policyholder already has one.

If you don't have a Demat Account you can open one with the Depository Participants.

You can open your Demat and Trading account here

https://upstox.com/open-demat-account/?f=FZ2509


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