While few cards provide perks for LIC payments, Axis Bank provides co-branded credit cards with LIC Cards, which might be an appropriate choice in this area. One such card is the LIC Axis Bank Credit Card, which provides two points for every Rs. 100 spent on LIC Premium Payments. While the card gives comparable incentives for foreign purchases, in the retail sector, it offers 1 reward point for every Rs 100 spent.
This card allows you to earn reward points against the goods mentioned in the LIC rewards points catalog. Click here for additional information. To receive the reward points, please contact customer service at 1800 419 0064.
All reward points earned with this card are valid for one year from the date of accumulation. If the reward points are not utilized within this timeframe, they will expire.
You may pay your LIC credit card bill using NEFT, Visa Money Transfer, the Axis Bank mobile app, or the LIC cards website. You may also pay offline by cash at your local Axis Bank branch or by cheque/draft made out to 'LIC Credit Card No' (16-digit credit card number).