Axis Bank LIC Credit Card

  • Home
  • Credit Card
  • Axis Bank LIC Credit Card

Axis Bank
LIC Credit Card

Axis Bank LIC credit card provides unique advantages and perks, ensuring a fulfilling user journey. These credit cards, available exclusively to LIC policyholders and agents, come with the attractive feature of being lifetime free. This means users are exempt from any joining or annual fees. Eligibility for an Axis Bank LIC credit card is contingent upon having an LIC policy, emphasizing its exclusivity and the added value it offers to its members.

Apply Now

On LIC IDFC Website

Untitled design (4)

Updated: 30-05-2024 02:14:53 PM

Key Highlights of LIC Credit Card by Axis Bank

Axis LIC Credit Card Axis LIC Signature Axis LIC Platinum
Joining & Annual Fee Nil Nil
Best Suited For Shopping Shopping
Rewards Rate 2 reward points on spending Rs. 100 on international transactions and LIC payments. 1 reward point on all other transactions excluding fuel transactions, wallet load, EMI transactions 2 reward points on spending Rs. 100 on international spends. 1 Reward Point for every Rs 100 spent on other categories.
Domestic Airport Lounge Access 2 per quarter NA

Benefits & Features

Features and Benefits of LIC Card Axis Bank

Axis Bank LIC Cards offer a rich array of features and benefits tailored for discerning customers. These include earning reward points on every transaction, with enhanced points for LIC premium payments and international spends. Cardholders also enjoy comprehensive insurance covers, including personal and air accident insurance, alongside a waiver on fuel surcharge and no annual fee for LIC Platinum Credit Cards. These benefits make Axis Bank LIC Cards a rewarding choice for financial transactions and safety.

Reward Points Program

  • International and LIC Premium Transactions: For every Rs. 100 spent on international transactions and payments towards LIC premiums, cardholders earn 2 reward points.
  • General Purchases: Earn 1 reward point for every Rs. 100 spent across other categories, excluding fuel, wallet reloads, and EMI transactions.

Comprehensive Insurance Coverage

  • Accident Protection: Cardholders are safeguarded with personal accident insurance up to Rs. 5 lakhs and air accident insurance up to Rs. 1 crore.
  • Security Against Loss: A complimentary insurance cover is provided for up to Rs. 5 lakhs in case of card loss, and up to Rs. 1 lakh for purchase protection.

No Annual Fee and More

  • The LIC Platinum Credit Cards come with no annual fee.
  • Enjoy a 1% fuel surcharge waiver on fuel transactions ranging from Rs. 400 to Rs. 4000, making fuel purchases more economical.
  • The lost card liability cover ensures protection up to the credit limit, offering peace of mind in case your card is misplaced or stolen.

Fees & Charges

Fees and Charges of Axis Bank LIC Credit Card

Details Axis LIC Signature Credit Card Axis LIC Platinum Credit Card Axis LIC Titanium Credit Card
Monthly Interest Rate 3.6% 3.6% 3.6%
Annual Interest Rate 52.86% 52.86% 52.86%
Fuel Surcharge 1% fuel surcharge waiver on transactions from Rs. 400 to Rs. 4,000 at all Indian petrol pumps, with a maximum monthly benefit of Rs. 400 1% fuel surcharge waiver on transactions 1% fuel surcharge waiver on transactions from Rs. 400 to Rs. 4,000 at all Indian petrol pumps
Cash Advance Fee 2.5% or a minimum of Rs. 500 2.5% or a minimum of Rs. 500 2.5% or a minimum of Rs. 500
Forex Markup Fee 3.5% 3.5% 3.5%
Add on Card Fee Nil Nil Nil

Eligibility Criteria

Axis LIC Card Eligibility Criteria

  • Residency Requirement: Must be a resident of India.
  • Age Limit: Applicants should be aged between 18 and 70 years.
  • Employment Status: Both self-employed individuals and salaried employees are eligible to apply.
  • Credit Score Requirement: A credit score of 700 or above is necessary for eligibility.

Required Documents

Documents Required for Axis Bank LIC Credit Card

  • Proof of Address: Acceptable documents include Aadhar card, Voter ID, or Passport.
  • Proof of Income: Applicants can submit a Bank Statement or salary slip from the last 3 months, or the last 2 years’ audited financial statement for self-employed individuals.
  • Identity Verification: Valid documents for this purpose are Aadhar Card, Driving License, or Voter ID.

How to Apply?

How to Apply for an Axis LIC Credit Card?

  • Start by clicking “Apply Now” to navigate to the credit card application page.
  • Enter your necessary information as requested.
  • Await a call from a bank executive for detail verification and to facilitate your application process.
  • Receive your credit card directly at your home.
job

View and improve your credit score -
for free.

  • Know how good your score is
  • Get insights on how to improve it
  • Unlock offers as per your score
Evaluate Now

Credit Cards Trending Offers

Axis Bank Credit Cards Rewards

Get exclusive rewards, offers, & cashback benefits. Compare & choose a best suited credit card as per your need and apply online!

LIC Axis Credit Card FAQs

To check the status of your LIC Axis Bank credit card application, visit the Axis Bank official website, navigate to the credit card section, and select the option to track your application status. You’ll likely need to provide your application ID or registered mobile number for verification.

Axis LIC cards offer several benefits, including reward points on every spend, fuel surcharge waivers, comprehensive insurance coverage for accidents and card loss, and no annual fee on specific card variants. These perks make it an attractive option for LIC policyholders and agents.

To close your LIC Axis Bank credit card, you can either call the Axis Bank customer service hotline or visit your nearest Axis Bank branch. You will need to provide your credit card details and follow the instructions given by the bank representative to close your account.

Activate your LIC Axis Bank credit card by calling the Axis Bank activation hotline number provided with your card or through the Axis Bank mobile app. You may need to provide personal details and the card information for activation.