As per the latest reports, the deadline for the PAN – Aadhar linking has been extended till March 31, 2022. Just like the Aadhaar card, PAN is also considered as one of the mandatory proof for any investment, savings, or online transactions. Keeping this in mind, LIC Ltd has urged the customers to link their Pan with the LIC policies soon.
The investors can now log in to LIC Ltd’s official website to link the PAN with policies. The LIC has kept the procedure of linking PAN with LIC very easy so that all the customers & the agents can get them accustomed to processing fast.
The procedure to link PAN with LIC is as follows:
-
To get your PAN link with LIC, Firstly you have to log in to the official website of the LIC via:
-
Now, select the option “Online PAN Registration’ window on the homepage”.
-
You should keep a PAN card with all policy details be ready to link.
-
After finishing the online registration window, you have to click on the “Proceed button”.
-
Fill in E-mail ID, Mobile Number & the correct Policy Number.
-
Then you have to enter the Captcha Code.
-
Request to get OTP, which will automatically come to your registered mobile number, which is linked with your policy.
-
After getting the OTP on your mobile number, fill it incorrectly on the portal.
-
Fill up all the details required correctly in the form then submit it, the page will automatically show the window stating the successful registration on your request.
This is one of the easiest ways to link your PAN with LIC Policies through online mode.
Importance of Linking PAN with LIC
In line with Union Government’s lookout towards the PAN, now LIC is also being concerned with customer’s authenticity & repeatedly stating that they can link PAN with LIC policies via online mode.
The new policies are being signed after linking the PAN. Permanent Account Number (PAN) is the number, which helps the government to track all of your investments & expenses transparently.
The LIC policies are the tax-saving policies, & PAN has significance in the taxation system. So, the LIC is urging their customers to link PAN with LIC policies, in this way all the investments & expenses can stay transparent & clear to each side.
