Points to be Noted
1. The Government of India announced that policyholders of LIC schemes will be entitled to up to 10% of the issue size in the LIC IPO.
2. LIC policyholders will be entitled to apply for this category's IPO up to a maximum of Rs 2,00,000.
3. Eligible users can apply for the IPO under the 'Policyholders Category.
4. In the LIC IPO, a user can apply under the Policyholder category in addition to the usual category. In this instance, the users will have to choose between two different applications.
Steps to apply for the LIC IPO under the Policyholder Category
1. Link Your PAN To Your Existing LIC POLICY
2. The PAN Card used for LIC policies has to be the same as that registered with the Demat Account
Open Demat Account with PAN registered to LIC Policy
3. Check Your PAN is Linked with your Policy or Not
