LIC Credit Card: Best Rupay Credit Card 2022

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LIC coming with 2 new Rupay Credit cards with lots of futures. Recently LIC announced that they are launching the Rupay Credit card with the partnership of IDBI bank.

LIC Credit Card offers huge benefits for LIC Policyholder, LIC Agent & LIC Employees.

In this post, you will discover all the benefits, Eligibility & more of the LIC Credit Card.

LIC Credit Card Quick Recap

Basic Components Card Details
2 Variant CardLumine’ Platinum Credit CardEclat’ Select Credit Card
Eligible For LIC Policy Holder, LIC Agent & LIC Employees
Lumine Card Rewards & Benefits3 point/Rs. 100 spent.
Rs. 1000 bonus / Rs. 10,000 spent (60days)
1% fuel wavier / Rs. 400 spent
EMI facility
Interest-Free Periods 48 days
Eclat Card Rewards & Benefits4 point/Rs. 100 spent
Rs. 1500 bonus / Rs. 10,000 spent (60days)
1% fuel wavier / Rs. 400 spent
Lounged access at Domestic and International Airport
EMI facility
Interest-Free Periods 48 days
Also Read: 5 Best Travel Credit Cards

What is Credit Card?

A credit card is a plastic card provided by a financial organization, usually a bank, that allows the cardholder to borrow money from that bank. You can use the borrow for your needs & pay the money within a fixed validity period.

If you can’t pay the money within a fixed time, you need to pay the money with total interest.

Difference between Credit Card & Rupay Credit Card

Credit CardRupay Credit Card
Maintenance Charges high Low Maintenance Charges
Annual fees are too highZero Annual fees
No Insurance CoverRupay Card offers insurance cover

Benefits of LIC Rupay Credit Card

  • Low-cost maintain charges
  • Air accident cover, personal accident, permanent disability cover, credit shield cover.
  • Huge Rewards Points giving in this 2 Rupay Credit card.
  • EMI facility available for 3, 6, 9 & 12 months
  • Interest-free periods 48 days 
  • 1000-1500 bonus points on Rs. 10,000 spent. 
Also Read: How to manage credit card debt

Eligible for LIC Rupay Credit Card

LIC policyholder: If you have a LIC policy, you are eligible for a LIC Rupay credit card.

LIC Agent: LIC Agents are applicable for this card & you will access all the above mention benefits.

LIC Employees: If you are an employee of LIC, you will eligible for a LIC credit card.

Processing Charge of LIC Credit Card

Still, LIC does not announce processing charges & Annual charges of LIC credit cards. We are waiting for more announcements.

LIC Rupay Credit Card collaborates with IDBI bank to launch Lumine’s Platinum Credit Card.

Eclat’ Select Credit Card. These cards offer lots of rewards points & extra benefits that fulfill customers’ basic needs. 

FAQs of LIC Credit Card