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Life Insurance Corporation

Alert! Have LIC policy? Important premium payment message for you from Life Insurance Corporation

Alert! Have LIC policy? Important premium payment message for you from Life Insurance Corporation

Mon, Mar 23, 2020

It's an important message for you if you are a subscriber of any LIC policy, and its premium payment is pending

LIC policy: What you should know about this new Endowment Plus plan

LIC policy: What you should know about this new Endowment Plus plan

Thu, Mar 05, 2020

LIC Policy: This is a unit-linked plan offered by LIC; scheme gives you the flexibility to switch between funds

LIC IPO Alert! All that you need to know about Life Insurance Corporation initial public offer

LIC IPO Alert! All that you need to know about Life Insurance Corporation initial public offer

Thu, Feb 06, 2020

LIC IPO: On the basis of LIC AUM of Rs 30 lakh crore, the LIC IPO size is expected to be around Rs 10 lakh crore, which is around 50% of the disinvestment target for FY21.

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Money Magic: Turn Rs 50 a day into Rs 34 lakh, get 25,000 pension, save income tax too!

Money Magic: Turn Rs 50 a day into Rs 34 lakh, get 25,000 pension, save income tax too!

Fri, Dec 07, 2018

Can you save Rs 50 a day? For many of the youth today, who have recently entered into employment, even the daily pocket money may be over Rs 50.

LIC Jeevan Shanti Plan vs National Pension System: How to get Rs 50,000 pension per month? Surprising numbers here

LIC Jeevan Shanti Plan vs National Pension System: How to get Rs 50,000 pension per month? Surprising numbers here

Tue, Nov 27, 2018

LIC Jeevan Shanti and National Pension System (NPS) are two means, among many, through which you can plan a regular cash flow post retirement.

Cheapest Pension Plan: Even Rs 10 a day can give you Rs 47 lakh or Rs 30,000 per month pension

Cheapest Pension Plan: Even Rs 10 a day can give you Rs 47 lakh or Rs 30,000 per month pension

Sat, Nov 24, 2018

Pension Plan: There is no early age to start planning for pension. The older we grow, the cost of ensuring a healthy pension/month, continues to go up drastically.

Public Provident Fund + LIC plan: Get rich with Rs 100/Day! End financial woes - Pension, Kids' Education, Marriage, House

Public Provident Fund + LIC plan: Get rich with Rs 100/Day! End financial woes - Pension, Kids' Education, Marriage, House

Wed, Nov 21, 2018

Public Provident Fund (PPF) + LIC plan: Even Rs 100 has the power of ending all your financial woes - be it your pension or your child's marriage or higher education or your wish to buy a dream house.

LIC Jeevan Shanti + PPF pension plan: Invest Rs 5,000/month for 15 years, get Rs 35,000/month

LIC Jeevan Shanti + PPF pension plan: Invest Rs 5,000/month for 15 years, get Rs 35,000/month

Tue, Nov 20, 2018

Pension plan with LIC, PPF: Got a new job? What if someone tells you that by investing just Rs 5000/month for 15 years, you can be assured of Rs 35,000/month pension after retirement?

LIC Jeevan Lakshya Policy: Turn Rs 115/day into Rs 26 lakh; Protect your children's future; Here's how

LIC Jeevan Lakshya Policy: Turn Rs 115/day into Rs 26 lakh; Protect your children's future; Here's how

Tue, Nov 13, 2018

LIC Jeevan Lakshya maturity calculator: Worried about your children's education or marriage? There is one LIC scheme that may end your woes at an small investment of as little as Rs 120 per day (or Rs ₹ 43,639 annually, including GST).

Want to become rich fast? Top 10 tips that can really fatten up your bank account

Want to become rich fast? Top 10 tips that can really fatten up your bank account

Sun, Nov 11, 2018

It is not necessary to have a high amount of salary or a big profitable business to become rich. You can become rich fast otherwise too. With low salary and small profits, you can also become rich just by investing your money in the right place at the right time.

National Pension System (NPS) vs Public Provident Fund (PPF) vs vs LIC Jeevan Shanti Plan: Retirement schemes compared

National Pension System (NPS) vs Public Provident Fund (PPF) vs vs LIC Jeevan Shanti Plan: Retirement schemes compared

Tue, Oct 09, 2018

Retirement planning is important for everyone. And the earlier one starts, the better it becomes in terms of financial returns.

Beleaguered IL&FS to get a lifeline? Here's what LIC may do

Beleaguered IL&FS to get a lifeline? Here's what LIC may do

Tue, Sep 25, 2018

The Life Insurance Corporation of India may bail out the beleaguered Infrastructure Leasing & Financial Services (IL&FS)

LIC all set to take majority stake in IDBI Bank; board approves proposal

LIC all set to take majority stake in IDBI Bank; board approves proposal

Mon, Jul 16, 2018

LIC, which already owns about 8 percent of IDBI, will most likely buy additional shares in the lender via a preferential issue, Indian government`s economic affairs secretary, Subhash Chandra Garg, told reporters on Monday.

This stock is on fire! Investors richer by 20% in just 2 days

This stock is on fire! Investors richer by 20% in just 2 days

Wed, Jul 11, 2018

IDBI Bank share price has rallied a whopping 20 per cent in the last two days on news reports that Life Insurance Corporation (LIC)’s planned acquisition of a majority stake in the bank may trigger an open offer and preferential allotment of shares.

LIC policyholder? IDBI Bank deal to hit you where it hurts

LIC policyholder? IDBI Bank deal to hit you where it hurts

Mon, Jul 02, 2018

IRDAI decided last week that LIC can buy up to 51 per cent stake in IDBI Bank. The IRDAI board cleared the proposal as an insurance company cannot hold more than 15 per cent stake in a company under the IRDAI norms. The life insurance major already owns 10.8 per cent stake in the bank.

Rs 1,374 crore vanished in 3 days! LIC takes biggest hit in PNB’s free fall

Rs 1,374 crore vanished in 3 days! LIC takes biggest hit in PNB’s free fall

Fri, Feb 16, 2018

A steep 40 per cent drop in the Punjab National Bank's stock in the last three days weighed heavy on its largest shareholder, Life Insurance Corporation of India (LIC). LIC suffered a notional loss of as much as Rs 1,374 crore in the last three sessions since February 14.

LIC must pare ITC, L&T stakes to below 15% by Dec 2018: Irdai

LIC must pare ITC, L&T stakes to below 15% by Dec 2018: Irdai

Tue, Aug 08, 2017

These two are considered as non-strategic investments for LIC. While LIC holds 16.29% stake in ITC, it holds 17.97% stake in L&T as of end June.

PMVVY launch: Should you invest Rs 1.5 lakh to get Rs 1000 per month?

PMVVY launch: Should you invest Rs 1.5 lakh to get Rs 1000 per month?

Fri, Jul 21, 2017

Finance Minister Arun Jaitley will be officially launching Pradhan Mantri Vaya Vandana Yojana (PMVVY) today.

LIC corners 38.67% of SBI's Rs 15,000 crore QIP

LIC corners 38.67% of SBI's Rs 15,000 crore QIP

Mon, Jun 19, 2017

The insurance behemoth bought 38.67% of shares put on the block via QIP by the country's largest bank earlier this month.

Budget 2017: Aadhaar based Smart cards for Senior Citizens with their health records

Budget 2017: Aadhaar based Smart cards for Senior Citizens with their health records

Wed, Feb 01, 2017

Finance Minister, Arun Jaitley announced the introduction of Aadhaar based smart cards for senior citizens over the age of 60 years at the presentation of the Union Budget in the lower house of parliament.

Life Insurance Corporation hikes stake in Bata to 7.05%

Life Insurance Corporation hikes stake in Bata to 7.05%

Sun, Dec 11, 2016

State-owned Life Insurance Corporation (LIC) has hiked its stake in footwear major Bata India by 2.03%, taking its total shareholding to 7.05% in the company.

6 new players likely to enter reinsurance market in India by January 2017: IRDAI

6 new players likely to enter reinsurance market in India by January 2017: IRDAI

Sat, Sep 17, 2016

Up to six new players in the reinsurance market are likely to enter India by January 2017, the Insurance Regulatory and Development Authority of India (IRDAI) chief TS Vijayan, said at an Assocham event.

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