एलआईसी क्रेडिट कार्ड से भुगतान पर शुल्क माफ करता है – मनीकंट्रोल

एलआईसी क्रेडिट कार्ड से भुगतान पर शुल्क माफ करता है – मनीकंट्रोल

Translating…

Last Updated : Dec 02, 2019 09:30 PM IST | Source: PTI

The Corporation said any credit-card originated payments towards renewal premium, new premium, or repayment of loan and interest on loans against the policies will not attract any additional charges or convenience fee its parlance, from December 1.

To promote digital transactions, Life Insurance Corporation has waived off the convenience fee on all payments to the national insurer, effective December 1.

The Corporation said any credit-card originated payments towards renewal premium, new premium, or repayment of loan and interest on loans against the policies will not attract any additional charges or convenience fee its parlance, from December 1.

“This facility of free transactions using credit cards shall be applicable to and implemented across all collecting systems–card less payment and card dip/ swipe on point of sale machines,” LIC, which control over 70 percent of the life insurnce market, said in a statement on Monday.

The customers can download the Mylic App to for online transactions, it added.

Get access to India’s fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code “GETPRO”. Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.

First Published on Dec 2, 2019 09:22 pm

PTI