Balance Transfer
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Balance Transfer

Transfer your existing balance from other credit cards to your LIC Credit Card at a special rate of interest and save substantially. There are two exciting plans to choose from:

Balance Transfer Plan @ 0%

0% interest rate for 3 months*

2.95% interest after 3 months

2% processing fee or Rs. 199 (whichever is higher)

The saving on Balance Transfer plan @ 0% is shown in the example given below:

Saving on LIC Credit Card Balance Transfer offer on Rs. 10,000 Amount in Rs.
Normal interest @2.95% for 3 months on Rs. 10,000 885
LIC Credit Card Balance Transfer interest @ 0% for first 3 months on Rs. 10,000 0
Your Saving on Rs. 10,000 885

Balance Transfer Plan @ 0.75%

0.75% interest for 6 months*

1% processing fee or Rs. 100 (whichever is higher)

2.95% interest after 6 months

The saving on Balance Transfer plan @ 0.75% is shown in the example given below:

Saving on LIC Credit Card Balance Transfer offer on Rs. 10,000 Amount in Rs.
Normal interest@2.95% for 6 months on Rs. 10,000 1770
LIC Credit Card Balance Transfer interest @ 0.75% for first 6 months on Rs. 10,000 450
Your Saving on Rs. 10,000 1320

How to Avail Mail

Fill in the Balance Transfer Request Form

Attach self attested photocopy of other Bank's credit card statement (not more than 45 days old)

Mail to: Axis Bank Ltd., Unit: "LIC Credit Cards, Axis Bank Ltd. 5th Floor, Solaris -C Wing, Opp L&T Gate No.6, Saki Vihar Road, Andheri (E), Mumbai - 400 072

OR Call into the LIC Cards Customer Service center at 1800 233 1100.