Top Picks
| Best For | Card Name |
| Fuel | No specific credit card for fuel. |
| Travel | LIC Titanium Credit Card |
| Family | No specific credit card for family. |
| Premium | LIC Signature Credit Card |
| Frequent Spenders | LIC Platinum Credit Card |
Best LIC Premium Credit Card
| LIC Signature Card |
Benefits
The card offers 2X incremental reward value against expenses related to LIC insurance premiums and international spend on the card. Moreover, you get complimentary lost card liability along with complimentary purchase protection cover, personal accident cover and VISA airport lounge access. You also get annual fuel benefit of up to Rs. 4,800.
Apart from all these benefits, you get various offers from premium brands such as Kimaya, Apple, Moschino, Edox, Tie Rack, Baume & Mercier, Air Charters and Yacht Services etc. along with Visa offers on BookmyShow.com and Golf Offers, etc.
Drawbacks
The card can be availed only if you have a net annual income equal to Rs. 15 Lacs or above, making it available for selected cardholders. Moreover, the annual percentage rate is equal to 39%.
Bottomline
The card comes free of cost and offers pretty good rewards in terms of complementary benefits. Though, the income criteria is pretty huge and APR is also something to be careful about before applying for the card.
Best LIC Credit Card for Frequent Spenders
| LIC Platinum Card |
Benefits
The card offers 2X incremental reward value against expenses related to LIC insurance premiums and international spend on the card. You get complimentary lost card liability cover along with complimentary personal accident cover, and annual fuel benefit of up to Rs. 4,800.
Apart from all these benefits, you get various offers from popular brands like Matrix Cellular, Hertz Car Rental, Kaya Skin Clinic, VLCC etc. along with Visa offers on BookmyShow.com, Pizza Hut and HotelClub.com, etc.
Drawbacks
The card can be availed only if you have a net annual income equal to Rs. 5 Lacs or above, making it available for selected cardholders. Moreover, the annual percentage rate is equal to 39% and is only available in 7 Indian cities.
Bottomline
The card comes free of cost and offers pretty good complimentary benefits and rewards. Though, the income criteria is big with minimum annual income equal to Rs. 5 Lacs along with the high APR which you should be careful.
Best LIC Credit Card for Travel
| LIC Titanium Card |
Benefits
The card comes with double reward value against expenses related to LIC insurance premiums and international spend on the card. You get annual fuel benefit along with complimentary lost card liability cover and complimentary access to mastercard domestic airport lounges.
Apart from all these benefits, you get various offers from partner brands like Reliance Trend, Reliance Digital, Clipper Lounge, etc.
Drawbacks
The card can be availed if you have a net monthly income equal to Rs. 25,000 or above, making it available for selected cardholders. Moreover, the annual percentage rate is equal to 39% and is only available in 7 Indian cities.
Bottomline
The card comes free of cost and offers pretty good complimentary benefits and rewards. Though, the income criteria is average but the high APR is something which you should be careful about.
View Other LIC Credit Cards
LIC Gold Credit Card
The card comes free of cost with easy income eligibility criteria and offers double the reward value on international expenses and LIC insurance premiums. Apart from that, you get complimentary lost card liability cover. However, unlike other LIC Credit Card, you don’t get any fuel benefits, complementary benefits like lounge access or insurance protection cover. Moreover, the APR is high and it is only available in 7 cities only.
Eligibility Criteria
- Primary cardholder should be at least 18 years old.
- To own LIC Signature Card, you must be earning a net annual income of Rs. 15 Lacs required minimum. Or, Rs. 1.25 Lacs gross monthly salary as per the salary slip.
- To own LIC Platinum Card, you must be earning a net annual income of Rs. 5 Lacs required minimum. Or, Rs. 42,000 gross monthly salary as per the salary slip.
- To own LIC Titanium Card, you must be earning a net annual income of Rs. 3 Lacs required minimum. Or, Rs. 25,000 gross monthly salary as per the salary slip.
- To own LIC Titanium Card, you must be earning a net annual income of Rs. 1.8 Lacs required minimum. Or, Rs. 15,000 gross monthly salary as per the salary slip.
Documentation
- Passport Size Photographs
- Identity Proof: Aadhaar Card, Voter ID Card, PAN Card,
- Address Proof
- Income Proof
LIC Credit Cards Reward Points – Earn & Burn
| Spends | Gold Card | Titanium Card | Platinum Card | Signature Card |
| Dining | 1 Reward Points on each Rs. 100 | 1 Reward Points on each Rs. 100 | 1 Reward Points on each Rs. 100 | 1 Reward Points on each Rs. 100 |
| Departmental Stores | 1 Reward Points on each Rs. 100 | 1 Reward Points on each Rs. 100 | 1 Reward Points on each Rs. 100 | 1 Reward Points on each Rs. 100 |
| Grocery Stores | 1 Reward Points on each Rs. 100 | 1 Reward Points on each Rs. 100 | 1 Reward Points on each Rs. 100 | 1 Reward Points on each Rs. 100 |
| Travel | 1 Reward Points on each Rs. 100 | 1 Reward Points on each Rs. 100 | 1 Reward Points on each Rs. 100 | 1 Reward Points on each Rs. 100 |
| Entertainment | 1 Reward Points on each Rs. 100 | 1 Reward Points on each Rs. 100 | 1 Reward Points on each Rs. 100 | 1 Reward Points on each Rs. 100 |
| Utility Bill Payment | 2 Reward Points on each Rs. 100 spend on LIC Insurance Premiums | 2 Reward Points on each Rs. 100 spend on LIC Insurance Premiums | 2 Reward Points on each Rs. 100 spend on LIC Insurance Premiums | 2 Reward Points on each Rs. 100 spend on LIC Insurance Premiums |
| Fuel | NIL | NIL | NIL | NIL |
| Online Shopping | 1 Reward Points on each Rs. 100 | 1 Reward Points on each Rs. 100 | 1 Reward Points on each Rs. 100 | 1 Reward Points on each Rs. 100 |
| Partners | 1 Reward Points on each Rs. 100 | 1 Reward Points on each Rs. 100 | 1 Reward Points on each Rs. 100 | 1 Reward Points on each Rs. 100 |
| International | 2 Reward Points on each Rs. 100 | 2 Reward Points on each Rs. 100 | 2 Reward Points on each Rs. 100 | 2 Reward Points on each Rs. 100 |
LIC Credit Card Bill Payment
LIC offers different payment methods to its credit cardholders to pay LIC credit card bills including online and offline methods so that they can pay their credit card bills on time.
Pay LIC Credit Card Bill through Billdesk
- Click here to go to LIC Credit Card billdesk service.
- Choose the card type – VISA / Mastercard
- Fill the information required.
- Choose your bank’s netbanking service from the drop-down menu.
- Click on “Submit” and you’ll be redirected to your chosen bank’s netbanking payment interface.
- Confirm the transaction by entering your net banking information and receive the acknowledgement on your screen.
Pay LIC Credit Card Bill through NEFT
- Login your other banks’ net banking service and go to fund transfer option.
- Choose NEFT Fund Transfer and add your LIC Credit Card as payee. To add your card as payee, use the following details.
- Beneficiary Name – Name on the card
- Beneficiary Bank Name – Axis Bank
- Beneficiary Branch Name – Mumbai
- IFSC code – UTIB0000400
- Beneficiary Account number – Your 16-digit credit card number
- Now, go back to NEFT payment option and select your LIC credit card from the payee list.
- Enter the payment amount and confirm the payment.
Pay LIC Credit Card Bill through VISA Money Transfer
Pay LIC Credit Card Bill through Auto Debit
- Click here to download the Auto Debit form.
- Fill the form and attach the necessary documents
- Post the form to the following address – LIC Cards Support, Axis Bank Ltd., Credit Card Operations, 4th Floor, NPC1 Building No. 1, Gigaplex Plot – IT5 MIDC, Airoli Knowledge Park, Airoli, Navi Mumbai – 400 708
Pay LIC Credit Card Bill through ECS
- Click here to download the ECS Form A and download the Form B from here.
- Fill the form and attach the necessary documents
- Post the form to the following address – LIC Cards Support, Axis Bank Ltd., Credit Card Operations, 4th Floor, NPC1 Building No. 1, Gigaplex Plot – IT5 MIDC, Airoli Knowledge Park, Airoli, Navi Mumbai – 400 708
Pay LIC Credit Card Bill through Cash at the branch
- Visit your local Axis Bank branch.
- Fill a cash deposit slip. Enter your LIC Credit Card number in the place of Account Number.
- Sign the slip and mention your phone number at the back of the slip.
- Submit the slip to the cash counter.
Pay LIC Credit Card Bill through Cheque/Draft
- Write a cheque/draft in favour of your LIC Credit Card.
- Sign the cheque and mention your phone number at the back of the cheque/draft.
- Drop the cheque/draft at the nearest MINC Bill boxes or at the nearest Axis Bank Branch.
Note: Make sure that the cheque is dropped in at least 4 days before the payment due date. The cheque is drawn on a local Bank and is not post dated.
LIC Credit Cards – Fees & Charges
| Gold Card | Titanium Card | Platinum Card | Signature Card | |
| Finance Charges | 3.25% per month | 3.25% per month | 3.25% per month | 3.25% per month |
| Cash Adv. Fee | 2.5% on the advance amountMin Rs. 250 | 2.5% on the advance amountMin Rs. 250 | 2.5% on the advance amountMin Rs. 250 | 2.5% on the advance amountMin Rs. 250 |
| Annual Fee | NIL | NIL | NIL | NIL |
Other Charges
| Charge | Amount |
| Add-on Card Fee | NIL |
| Foreign transaction fee | 3.5% of the transaction value in INR |
| Late Fee | Rs. 300 if total due amount is up to Rs. 2000.Rs. 400 if total due amount is between Rs. 2001 to Rs. 5000Rs. 600 if total due amount is Rs. 5001 or above. |
| Minimum Payment | |
| Over-limit fee | 3% on the advance amountMin Rs. 500 |
| Returned payment fee | Rs. 500 |
| Card Replacement Charges | NIL |
| EMI Conversion Charges | 1.5% per month with one time processing fee of 1.5% or min Rs.150 |
| Balance Transfer Charges | Zero to 2.95% interest rate with upto 2% processing fee or min Rs.199 |
How To Apply for LIC Credit Card?
- Select a LIC Credit Card as per your preferences from above.
- Click on “Apply Now” and fill the Online Application Form. You’ll be asked to provide some personal details such as your Address, Contact, Income, Employer Details, Educational Qualifications.
- Once the application form is submitted successfully, you will receive a confirmation from LIC.
Note: If your application was rejected, you would be able to apply after 3 months of your previous application.
FAQs
How do I contact LIC Credit Card Customer Support?
You can contact LIC customer care on their toll-free contact number 1800-233-1100. Apart from that, you can also contact LIC on their Customer Care Email address liccards@axisbank.com. Or, you can even write them at their postal address – LIC Cards Support, Axis Bank Ltd., Credit Card Operations, 4th Floor, NPC1 Building No. 1, Gigaplex Plot – IT5 MIDC, Airoli Knowledge Park, Airoli, Navi Mumbai – 400 708.
How do I hotlist my LIC Credit Card?
You can hotlist your LIC Credit Card by calling LIC Customer Care at their Credit Card Hotlisting number 1800-4250-0000. Or, you can block the credit card by sending “BLOCKCC” to 56767 to immediately block the card.