“Policyholders to participate in any such public offering will be required to ensure that their PAN details are updated in the records of the corporations. In addition, it is possible to subscribe to any public offering in India if you have a valid demat account. Accordingly policyholders should ensure that they have a valid demat account,” the advertisement stated.
“In the interest of our policyholders, we have been running advertisements in the past asking you to update your PAN details in your records. If you have not provided this information to the Corporation yet, please do so as soon as possible. This is very important from a KYC perspective as well as your ability to participate in LIC’s proposed public offering as and when it takes place. This will help you participate in the public offering,” it further said.
How to Check PAN-LIC Status
Step 1: Visit https://linkpan.licindia.in/UIDSeedingWebApp/getPolicyPANStatus
Step 2: Enter Policy Number, date of birth and PAN information, as well as captcha. Then press submit button.
If your PAN is not in the LIC database, here is how you can update your PAN details with LIC.
Step 1: Visit the official website of LIC https://licindia.in/.
Or directly go to the page- https://linkpan.licindia.in/UIDSeedingWebApp/
Step 2: From the home page, select the option ‘Online PAN Registration’.
Step 3: In the online PAN registration page, tap on the ‘Proceed’ button.
Step 4: Provide your email address, PAN, mobile number and LIC policy number correctly.
Step 5: Enter the captcha code in the box.
Step 6: From your registered mobile number, request an OTP.
Step 7: Once you receive the OTP, enter the marks in the portal and submit.
You can also contact LIC agent. If you do not have a PAN, it is recommended that you apply for one at the earliest and update it in the policy document once you receive it.