Can I apply for more than one application in LIC IPO if I have multiple LIC policies with the same PAN number?

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Only one IPO application is allowed in the reserved category of LIC IPO for LIC policyholders. It doesn't matter how many LIC policies you hold. The thumb rule is one individual (one pan number) = one IPO application in a category.

A LIC policyholder can apply for LIC IPO shares using 2 IPO applications in the following categories:

Policyholder + Retail Category
Policyholder + HNI (NII) Category

A LIC policyholder who is also an employee of LIC can apply for LIC IPO shares using 3 IPO applications in the following categories:

Policyholder + Employee + Retail Category
Policyholder + Employee + HNI (NII) Category

Topic: LIC Policyholders IPO Reservation - Explained Article

1 Comments

1. abhyuday

| Link|February 28, 2022 3:53:41 PMReply

Can I apply for LICI IPO if no policy bond is handed over by Bihari Branch under bhagalpur of many policies?

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