The lic titanium credit card is a co branded credit card that LIC has launched in alliance with Axis Bank. LIC is currently the leading Indian life insurance company with almost 70% market share and they are now trying to get into the credit card business.
LIC Titanium credit card is a lifetime free credit card best for those who are new in the credit card market. This lic credit card offers some awesome benefits like low-cost EMI, reward points on every transaction, etc. More about the benefits of lic credit card are discussed below.
Who can apply for the LIC titanium credit card?
- Resident Type: Indian
- LIC credit card eligibility criteria for salaried person:
- Age: 21 to 60 years.
- Income: Rs.25,000 or more (monthly)
- LIC credit card eligibility criteria for self-employed person:
- Age: 21 to 65 years.
- Income: The average annual income of the applicant should be Rs. 3 lakh more.
- A credit score of 700+ is needed to apply for this lic axis bank credit card.
You can apply for this card from the lic credit card apply online portal, If you are confused with the lic credit card application process, then you can get some help from our faq page.
What documents are required to apply for the LIC titanium mastercard credit card?
- Photocopy of Address proof (any 1)
- Last 6 months bank account Statement
- Aadhar Card
- Driving License
- Passport
- Utility bills
- Photocopy of ID Proof (any 1)
- Aadhar card
- Voter Card
- Passport
- PAN Card
- Two recent passport-sized photographs
- Proof of income statement:
- Salaried Person (any 1)
- Salary Slip of last 3 months
- ITR (Income Tax Return)
- Self-employed person
- Income tax return of the last year
- Proof of business
- Salaried Person (any 1)
As per the new credit card rules, all new lic credit cards are delivered in an inactive state, and in order to start using them, the user needs to activate them manually by generating a new credit card pin. You can get some help on the lic credit card activation process from the 100xGain faq page.
What are the axis lic credit card fees?
- LIC credit card joining fee: None.
- LIC titanium credit card annual fee: None.
What are the lic titanium credit card benefits?
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Make your every transaction rewarding:
The lic credit card reward points are offered like this.
|
Category of transaction |
LIC credit card reward points for every Rs.100 transaction |
| LIC premium payment and international transactions | 2 lic credit card points |
| All other categories (Excluding fuel purchase) | 1 lic card reward point |
You can redeem your lic credit card points against several products listed in the lic credit card reward points redemption catalog.
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Enjoy freedom from credit card fuel surcharges:
This lic axis bank credit card offers a 1% waiver on fuel surcharges across all fuel stations in India. The transaction amount should be between Rs.400 to Rs.4000. You can earn up to Rs.400 waiver in a lic credit card statement cycle.
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Low-cost LIC credit card emi facility:
Using the “HELLO-EMI” facility, you can convert your high-value transactions (over Rs. 2,500) into small monthly installments with a nominal credit card emi interest rate of just 1.5% per month.
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Complimentary lost card liability coverage:
This lic axis credit card comes with complimentary lost card liability coverage. That means if your card gets lost or stolen, you just have to report it by calling the lic axis credit card customer care number and you will not be liable for anything bad that may happen to your credit card account. The coverage amount will be the same as your axis bank lic credit card credit limit.
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Instant lic credit card payment options:
You are allowed to make your lic credit card payment online from your net banking account, you can also use any credit card bill payment app like Cred, Paytm, PhonePe, Google Pay, etc. to do the same.
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Perfect travel companion for you:
This axis lic credit card is powered by Mastercard which means you can use it in 210+ countries across the world.
What are the lic credit card charges?
|
Particulars |
Payable amount |
| Charges for cash withdrawal with credit card | 2.5% against the withdrawn amount, min Rs. 500 (check your credit card cash withdrawal limit before making a withdrawal) |
| LIC credit card finance charges | LIC credit card interest rate can go up to 3.6% monthly or 52.86% annually (applicable if your credit card payment is not made in time) |
| LIC credit card international transaction charge | 3.50% against the transaction amount (applicable once per transaction) |
| LIC axis credit card add-on card fee | None (For up to 3 add on credit cards) |
How to contact the lic credit card customer care department?
- Call the lic credit card customer care number: 1800 419 0064
- Write to the lic axis credit card customer care mail id: liccards@axisbank.com
100xGain Ratings:
6.5/10
Pros and cons of the LIC titanium credit card:
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Pros |
Cons |
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Final Opinion:
After analyzing the lic credit card offers and benefits, I can say that it is the most basic card in the lic credit card line-up. If you are new in the credit card market and looking for a card to gain some knowledge then this lic titanium credit card will be a solid choice for you. Otherwise, you can take a look at our best beginners card page, it will help you to find the most suitable card for yourself.
Alternative cards of the LIC titanium card:
- HDFC Teachers Platinum Credit Card (Best for reward points)
- Kotak Mojo Platinum Credit Card (Best for reward and lounge benefits)
- 811 #kotak dream different credit card (Best for reward points)