Card Benefits
Key benefits available with this card.
Accelerated LIC Rewards
Earn 2 Reward Points for every ₹100 spent on LIC insurance premium payments (1 RP = ₹0.66).
International Spend Rewards
Earn 2 Reward Points per ₹100 on all foreign currency and international transactions.
Base Rewards
Earn 1 Reward Point per ₹100 on all other regular retail transactions.
1% Fuel Surcharge Waiver
1% fuel surcharge waiver on transactions between ₹400 and ₹4,000 at all pumps in India (capped at ₹400/month).
Axis Dining Delights
Up to 20% discount at partner restaurants across India under the Axis Bank Dining Delights programme.
Lost Card Liability Cover
Zero liability protection against fraudulent transactions up to the card limit upon reporting the loss.
Lifetime Free Membership
Enjoy the benefits of the credit card with absolutely no joining fee or annual renewal fee.
Rewards & Points
How rewards are earned on this card.
| Category | Reward | Details |
|---|---|---|
| LIC Premium Payments | 2.0000 points / ₹100 | Earn 2 Reward Points per ₹100 spent on LIC premium transactions (1 RP = ₹0.66). |
| International / Forex Spends | 2.0000 points / ₹100 | Earn 2 Reward Points per ₹100 spent on international transactions (1 RP = ₹0.66). |
| All Other Retail Spends | 1.0000 points / ₹100 | Earn 1 Reward Point per ₹100 spent on regular shopping and general transactions. |
| Fuel, Wallets & EMI | 0.0000 points / ₹100 | Transactions on fuel, wallet reloads, and EMI conversions do not earn reward points. |
Airport Lounge Access
Fuel Surcharge Waiver
Current Offers & Promotions
Lifetime Free Membership
ACTIVE₹0 Joining & Annual Fee
Maximum benefit: 100.00
No joining or renewal fee for the lifetime of the credit card.
Axis Dining Delights
ACTIVEUp to 20% Off
Maximum benefit: 20.00
Available at partner restaurants across India when paying with your LIC Platinum card.
Eligibility Criteria
18 to 70 yrs
Salaried and Self-employed
₹25,000 / month
₹450,000 / year ITR
735+
New to Credit: Not Allowed
Additional Eligibility Details
Important Eligibility Information
Age: 18 to 70 years. Available to salaried and self-employed individuals. Minimum salaried annual income of ₹3,00,000 and self-employed annual ITR above ₹4,50,000. Minimum credit score: 735+. Prior credit history is generally required.
Income: Salaried: ₹3,00,000/annum (~₹25,000/month). Self-employed: Annual ITR > ₹4,50,000.
Employment: Salaried and Self-employed Indian residents.
Credit Score: Minimum credit score of 735+ required.
Documents Needed
Fees & Charges
₹0
₹0 + GST
Pros
• Lifetime Free (Zero joining and annual renewal fees)
• Earn 2 Reward Points per ₹100 on LIC premiums and international spends
• 1% fuel surcharge waiver up to ₹400 per month
• Up to 20% dining discount via Axis Bank Dining Delights
• Accessible income criteria for beginners
Cons
• Lower reward value (1 RP = ₹0.66) compared to the Signature variant
• Base reward rate on regular spends is low (0.66% effective return)
• No complimentary airport lounge access
• Reward earning is excluded on fuel, wallet loads, and EMI conversions