How to apply for LIC IPO as a policy holder?

How to apply for LIC IPO as a policy holder?

LIC policyholders have been reserved up to 10% of the total issue. If you're a policyholder in LIC and wish to apply for the IPO, you're required to link your PAN to your LIC policy (refer to this blog). Once the details are updated, you'll be eligible to apply for the IPO.

 

The procedure to apply for the LIC IPO as a policyholder is as below:

 

1. Go to Fyers IPO portal (If you’ve already logged in to FYERS Web, you’ll automatically be logged in).




2. Select the LIC IPO & Click on 'View Details'

 


 

3. The details of the IPO will be displayed. Click on 'Apply.'

 


 

4. Check the 'Apply as Policy Holder' box, enter the required details, and click on 'Apply Now.

 


 

5. Once the Bid is duly placed, you’re required to approve the UPI mandate.

Note: You're required to have a Demat Account with the same PAN which is linked to LIC Policy.

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