LIC PREMIUM PAYMENT FROM CREDIT CARD

RitamModak

KF Expert
I want to use my Axis Flipkart CC to pay my premium of LIC from LIC offical website ...And I am getting Options to pay through Billdesk and Paytm PG ....is it possible to get 1% of cashback on this type of transaction ? If it is applicable then on which payment gateway should I use for that? @Skylar @TaxWiser
 

TaxWiser

KF Mentor
I want to use my Axis Flipkart CC to pay my premium of LIC from LIC offical website ...And I am getting Options to pay through Billdesk and Paytm PG ....is it possible to get 1% of cashback on this type of transaction ? If it is applicable then on which payment gateway should I use for that?
Yes, you can use your Axis Flipkart Credit Card to pay your LIC premium on the LIC official website. However, it’s important to note that the Axis Flipkart Credit Card typically does not offer cashback on insurance payments, including LIC premiums as per Flipkart Axis CC T&Cs.

The 1% cashback generally applies to other online and offline spends, but insurance payments are usually excluded from cashback eligibility. Therefore, regardless of whether you use Billdesk or Paytm as the payment gateway, you are unlikely to receive the 1% cashback for this transaction.
 

RitamModak

KF Expert
Can I get a LIC card of Axis Bank ....by requesting ? As I have already 3 cards with axis bank....or should Apply on other bank.....please other banks LIC card
 

TaxWiser

KF Mentor
Can I get a LIC card of Axis Bank ....by requesting ? As I have already 3 cards with axis bank....or should Apply on other bank.....please other banks LIC card
Since LIC cards are Co-Branded CCs unlike Core CC, you might get it from Axis. And if they failed to offer it you can go with IDFC LTF LIC CC.
 

RitamModak

KF Expert
Since LIC cards are Co-Branded CCs unlike Core CC, you might get it from Axis. And if they failed to offer it you can go with IDFC LTF LIC CC.
I recently got IDFC Millenia LTF ...so how to get this card? as on website I am unable to apply as it says You already have a credit card with us.
 

Sujeet

KF Ace
Can I get a LIC card of Axis Bank ....by requesting ? As I have already 3 cards with axis bank....or should Apply on other bank.....please other banks LIC card
I usually pay lic/ other insurance premium using Tata Neu Infinity card on tata neu app . We get 5% cb in neu coin form. Subject to max 2000 coins in a month ie 40k premium per month. You can split ur policies accordingly to not cross the 40k threshold pm.
 
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