LIC AXIS SIGNATURE CREDIT CARD – APPLY ONLINE & GET 8 POWERFUL BENEFITS
Aditya Joshi
The LIC Axis Signature Credit Card is designed for people who regularly pay LIC premiums and want to get something extra from their everyday credit card spending. Instead of simply making payments, eligible cardholders can earn reward points on LIC premium payments and enjoy additional benefits such as domestic airport lounge access, fuel surcharge waiver, and dining discounts.
One of the biggest reasons to consider this card is that it comes with no joining fee and no annual fee, based on the available offer details. So, if you meet the eligibility requirements, it can be a useful option for LIC policyholders looking for a lifetime-free credit card.
In this article, let’s take a simple look at the LIC Axis Signature Credit Card benefits, fees, eligibility, reward points, airport lounge access, pros and cons, and FAQs.
Note: Credit card benefits, eligibility criteria, lounge access rules, and promotional offers can change from time to time. Always check the latest terms and conditions before applying.
LIC Axis Signature Credit Card Benefits
The LIC Axis Signature Credit Card offers a combination of rewards and lifestyle benefits. Here are the main features you should know about.
1. No Joining Fee and No Annual Fee
The first thing many people look for in a credit card is its annual fee. According to the available offer information, this card comes with:
- Joining Fee: Nil
- Annual Fee: Nil
This makes the card attractive for people who do not want to pay a yearly membership fee just to keep their credit card active.
However, other charges may still apply depending on how you use the card. For example, late payment charges, cash withdrawal charges, and foreign currency-related charges may apply according to the latest schedule of charges.
One of the main highlights of the LIC Axis Signature Credit Card is its reward structure for eligible LIC premium payments.
Cardholders can earn:
2 Reward Points for every ₹100 spent on eligible LIC premium payments.
According to the information provided, the reward value is:
1 Reward Point = ₹1
For people who regularly pay LIC premiums, this can make the card more rewarding compared to simply paying through a debit card or bank account.
Before making a payment, it is always a good idea to check whether your particular LIC premium transaction qualifies for reward points.
3. Reward Points on Foreign Currency Transactions
The card also offers:
2 Reward Points for every ₹100 spent on foreign currency transactions.
This can be useful for people who travel internationally or make eligible purchases in foreign currency.
However, before using any credit card internationally, you should check the applicable foreign currency markup fee and other charges. Reward points alone should not be the only factor when deciding which card to use abroad.
4. Reward Points on Other Eligible Spending
For other eligible transactions, the card offers:
1 Reward Point for every ₹100 spent.
Some transactions are excluded from earning reward points. According to the provided information, these include:
- Fuel transactions
- Wallet loading
- EMI conversions
So, it is important to understand which transactions qualify for rewards before planning your spending.
LIC Axis Signature Credit Card Lounge Access
If you travel frequently, the airport lounge benefit can be one of the most useful features of this card.
Eligible cardholders can enjoy:
Up to 8 complimentary domestic airport lounge visits every year.
The provided lounge access conditions include:
- Maximum 2 visits per quarter
- Minimum eligible spending of ₹50,000 in the previous 3 calendar months
- Access available at select participating domestic airport lounges
This means lounge access is not automatically available to every cardholder. You must meet the required spending criteria before using the benefit.
The LIC Signature Credit Card lounge access benefit can be useful for frequent domestic travellers, but you should always check the latest participating lounge list before travelling.
1% Fuel Surcharge Waiver
The LIC Axis Signature Credit Card also provides a fuel surcharge waiver benefit.
You can receive:
1% fuel surcharge waiver on eligible fuel transactions.
The provided transaction limits are:
- Minimum transaction amount: ₹400
- Maximum transaction amount: ₹4,000
- Maximum monthly benefit: ₹400
This benefit can help reduce some of the additional charges associated with fuel purchases.
Dining Discounts with Axis Bank Dining Delights
Cardholders can also enjoy dining benefits under the Axis Bank Dining Delights Program.
The available offer provides:
Up to 25% discount, up to ₹800
at participating restaurants.
The program covers 4,000+ restaurants across India, according to the information provided.
This can be a nice additional benefit if you regularly dine out with friends or family.
LIC Axis Signature Credit Card Fees and Charges
The basic fee structure provided for this card is simple.
| Fee Type | Charges |
|---|---|
| Joining Fee | Nil |
| Annual Fee | Nil |
| Fuel Surcharge Waiver | 1% on eligible transactions |
| Maximum Monthly Fuel Benefit | ₹400 |
👉 Apply for LIC Axis Signature Credit Card on the Official Axis Bank Website
Although the joining and annual fees are Nil, applicants should check the latest official schedule of charges for other applicable fees.
LIC Axis Signature Credit Card Eligibility Criteria
Before applying, you should make sure you meet the basic eligibility requirements.
Age Requirement
The applicant should generally be between:
21 and 65 years of age
Employment Type
Both of the following applicants can apply:
- Salaried individuals
- Self-employed individuals
Income Requirement
For salaried applicants:
Minimum annual income: ₹5,00,000
For self-employed applicants:
ITR above ₹6,00,000 annually
Credit Score
The provided eligibility information mentions:
Credit Score: 735+
A good credit score can improve your chances of approval, but final approval depends on several factors, including income, repayment history, and the issuer’s internal credit assessment.
New-to-Credit Applicants
According to the provided criteria:
New-to-credit applicants are not eligible.
Documents Required for LIC Axis Signature Credit Card
Applicants may be asked to submit the following documents.
Identity Proof
- PAN Card
- Form 60, where applicable
Address Proof
- Aadhaar Card
- Passport
- Accepted utility bills
Income Proof
Depending on your employment profile:
- Bank statements
- Salary slips
- Income Tax Return documents
Photograph
- Recent passport-size photograph
The exact documents required may vary depending on your application and verification requirements.
LIC Axis Signature Credit Card Pros and Cons
Before applying, it is important to look at both the good and not-so-good points.
| Pros | Cons |
|---|---|
| No joining fee | Lounge access requires eligible spending |
| No annual fee | Maximum 2 lounge visits per quarter |
| Earn 2 Reward Points per ₹100 on eligible LIC premium payments | Lounge access is available only at select lounges |
| Earn 2 Reward Points per ₹100 on foreign currency transactions | Some transactions do not earn reward points |
| 1 Reward Point per ₹100 on other eligible spending | New-to-credit customers are not eligible according to the provided criteria |
| Up to 8 domestic airport lounge visits per year | Spending requirement may not suit everyone |
| 1% fuel surcharge waiver | Fuel benefit is capped at ₹400 per month |
| Dining discounts at participating restaurants | Restaurant offers are subject to program terms |
Axis Bank LIC Signature Credit Card Limit
The Axis Bank LIC Signature Credit Card limit is not the same for every applicant.
Your credit limit is generally decided based on factors such as:
- Your annual income
- Credit score
- Existing loans and credit cards
- Credit repayment history
- Employment or business profile
- Overall creditworthiness
Because of this, two applicants may receive completely different credit limits.
If you have a strong credit history and good income, you may have a better chance of receiving a higher limit. However, the final decision remains with the card issuer.
LIC Axis Signature Credit Card Airport Lounge Access List
The LIC Axis Signature Credit Card Airport Lounge access list may include select participating domestic airport lounges in India.
According to the provided information, the benefit offers:
- Up to 8 domestic lounge visits per year
- Maximum 2 visits per quarter
- Eligible spending of ₹50,000 during the previous 3 calendar months
Because participating lounge networks can change, it is best to check the latest lounge list before your trip.
This is especially important because not every airport lounge may accept the card.
How to Apply for LIC Axis Signature Credit Card Online
Before starting your application, keep your basic documents ready.
You may need:
- PAN Card or Form 60
- Address proof
- Income documents
- Aadhaar-linked mobile number
- Recent photograph
According to the application instructions provided:
- Use your Aadhaar-linked mobile number while applying.
- If your residence and office addresses are 150 km or more apart, select your residence as the mailing address.
- VKYC completed more than 50 km from your Aadhaar or communication address may lead to application rejection.
Make sure all information entered during the application process is correct.
👉 Apply for LIC Axis Signature Credit Card on the Official Axis Bank Website
Important Referral and Activation Terms
The provided promotional information mentions a potential profit of:
₹1,040 on successful credit card activation
However, this is related to a promotional or referral offer and should not be considered a regular benefit of the credit card.
Some important conditions mentioned include:
- Tracking time: 72 hours after Application ID generation
- Confirmation timeline: Within 75 days of card activation
- Applications through the Axis Bank App may not qualify for the promotional profit
- Referral earnings may not qualify for additional profit
- Existing or previous Axis Bank credit card holders may not be eligible for the stated profit
- A minimum transaction of ₹100 within 30 days may be required
- Use an Aadhaar-linked mobile number
- Follow the address and VKYC conditions carefully
Always check the latest promotional terms before sharing or applying through any referral link.
Is Axis LIC Card Good for LIC Payments?
Yes, the LIC Axis Signature Credit Card can be a good option for people who regularly pay eligible LIC premiums.
The biggest advantage is the ability to earn:
2 Reward Points for every ₹100 spent on eligible LIC premium payments.
Since the card also has no joining or annual fee according to the provided information, it can be particularly useful for LIC policyholders who want to earn additional value from their premium payments.
However, you should still compare the reward structure with other available credit cards before making a final decision.
There is no single credit card that is best for everyone.
The right card depends on:
- Rewards on LIC or insurance payments
- Annual fee
- Reward point value
- Premium payment amount
- Additional charges
- Lounge access
- Cashback or reward redemption options
The LIC Axis Signature Credit Card is worth considering if your main priority is earning rewards on eligible LIC premium payments without paying an annual fee.
What Is the Benefit of LIC Signature Card Axis Bank?
The main benefits of the card include:
- No joining fee
- No annual fee
- 2 Reward Points per ₹100 on eligible LIC premium payments
- 2 Reward Points per ₹100 on eligible foreign currency transactions
- 1 Reward Point per ₹100 on other eligible transactions
- Up to 8 domestic airport lounge visits per year
- 1% fuel surcharge waiver
- Dining discounts at participating restaurants
For LIC policyholders, the premium payment reward benefit is one of the biggest attractions.
Yes, LIC premium payments can be made through eligible payment options and channels.
If you plan to use a credit card for LIC premium payments, check the latest payment terms and reward eligibility before making the transaction.
According to the information provided for the LIC Axis Signature Credit Card, eligible LIC premium payments can earn:
2 Reward Points for every ₹100 spent.
Frequently Asked Questions
Is Axis LIC card good for LIC payments?
Yes, it can be a useful option for eligible LIC policyholders because it offers 2 Reward Points per ₹100 on eligible LIC premium payments. The card also provides lifestyle benefits such as lounge access, fuel surcharge waiver, and dining discounts.
The best card depends on the reward rate, annual fee, and whether LIC or insurance payments are eligible for rewards. The LIC Axis Signature Credit Card is worth considering for eligible customers who want rewards on LIC premium payments and a card with no annual fee.
What is the benefit of LIC Signature Card Axis Bank?
The card offers reward points on eligible LIC premium payments, foreign currency transactions, and other eligible spending. Additional benefits include domestic airport lounge access, fuel surcharge waiver, and dining discounts.
Yes, eligible LIC premium payments can be made through available payment methods. Before paying through a credit card, check whether your specific transaction qualifies for reward points and whether any charges apply.
Is Axis Bank LIC Signature Credit Card lifetime free?
According to the information provided, the card has Nil joining fee and Nil annual fee. Applicants should still check the latest official terms because other transaction-related charges may apply.
How many airport lounge visits are available?
Eligible cardholders can receive up to 8 complimentary domestic airport lounge visits per year, with a maximum of 2 visits per quarter, subject to the required spending criteria.
What spending is required for lounge access?
According to the provided information, cardholders need eligible spending of ₹50,000 during the previous 3 calendar months to qualify for lounge access.
What is the fuel surcharge waiver?
The card offers a 1% fuel surcharge waiver on eligible transactions between ₹400 and ₹4,000. The maximum monthly benefit is capped at ₹400.
What credit score is required?
The provided eligibility criteria mention a credit score of 735+. Final approval depends on the issuer’s complete credit assessment.
