Wednesday, January 22, 2014

Rewards Catalogue

Rewards Program for LIC Credit Cards


Rewards Program offers a set of handpicked rewards to LIC Credit Card members. The program is designed to offer you Reward Points for every rupee spent with your LIC Credit Card.
Reward Points are redeemable for an array of home and lifestyle products as well as dining and shopping vouchers and much more.
Reward Points makes your LIC Credit Card, the most rewarding card for you. So the more you spend, the more you earn. And the more you earn, the better the rewards. Now go ahead, reward yourself with Reward Points!
Note:
A handling charge of Rs.30 will be charged towards every Reward Point redemption request
A minimum of 1000 points are required for redemption
Reward Points balance for all credit cards that remain unused (no transaction or payments) for a period of 6 months or above will be zeroised

To redeem your Reward Points call our customer care on 1800 233 1100.

About LIC Cards

Presenting the Launch of LIC Credit Cards. A partnership between LIC Cards Services Limited (LIC CSL) and Axis Bank Ltd.
Life Insurance Corporation of India is India’s premier organisation formed by Government of India under LIC Act, 1956 on 1st September 1956. Today LIC has more than Rs. 8 Lakh Crore worth of assets and over 23 crore policies in force. LIC has invested over Rs. 80,000 Crore in people welfare. Over the years, LIC has become a synonym for life insurance in India and a financial conglomerate. It has 2048 branch offices and more than 550 Satellite Sampark offices networked through WAN with 1.10 million agents across the country. In line with the corporate vision to emerge as a transnationally competitive financial institution, LIC has diversified into many businesses.
LIC Cards Services Limited
LIC Cards Services Limited came into existence on 11th November, 2008 as a 100% subsidiary of LIC to bring out its own Credit Card in the market. The Company has its registered office at Jeevan Prakash Building, 6th floor, 25. K.G. Road, New Delhi-110001.
Axis Bank was one of the first of the new private banks to have begun operations in 1994, after the Government of India allowed new private banks to be established. The Bank was promoted jointly by the Administrator of the specified undertaking of the Unit Trust of India (UTI - I), Life Insurance Corporation of India (LIC) and General Insurance Corporation of India (GIC) and other four PSU insurance companies, i.e. National Insurance Company Ltd., The New India Assurance Company Ltd., The Oriental Insurance Company Ltd. and United India Insurance Company Ltd. The Bank as on 31st March, 2011 is capitalised to the extent of Rs. 410.54 Crore with the public holding (other than promoters and GDRs) at 53.60%. The Bank's registered office is in Ahmedabad and its central office is located in Mumbai. The Bank has a very wide network of more than1281 branches (including 169 Service Branches/CPCs as on 31st March, 2011). The Bank has a network of over 6270 ATMs (as on 31st March, 2011) providing 24 hrs banking convenience to its customers. They have one of the largest ATM networks in the country. The Bank has strengths in both retail and corporate banking and is committed to adopting the best industry practices internationally in order to achieve excellence.