I have another query
is it also necessary to link LIC policy to PAN or Adhar card ?
if so what is the deadline and also what are the consequences of not linking ?
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Lic policy linking to pan
Replies (4)
Quick Summary
Yes, there is no deadline for that. Earlier linked better or TDS (on any interest or dividend or withdrawal) will get deducted at higher rate.
Thanks a lot Dhiraj ji
You are welcome.
As of now no such requirement. It may be implemented in the future.
Your PAN is already linked with LIC policy since PAN would have collected as part of KYC
Your PAN is already linked with LIC policy since PAN would have collected as part of KYC
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