LIC may launch credit card next month

NAGPUR: Life Insurance Corp (LIC) may launch its credit card in October, according to its Senior Divisional Manager Bhausaheb Gujar.

LIC is in the process of finalising the partner and in all probablity it would be introduced next month, he said told reporters here.

The insurance giant is also in the process of completing formalities for accepting its premium through credit cards, Gujar said.

LIC has already roped in Corporation bank and Axis Bank for accepting premiums from those holding accounts there.