Typically banks issue credit cards to the customer against a pre-determined credit limit. You can get your credit limit enhanced either by directly requesting the bank. You can get your credit limit increased temporary basis. Below are stated ways in which you raise a request to increase the credit limit of your LIC credit card.
How Do I Check My Credit Limit?
You can check your LIC credit card application status by calling the IVR number at 1800 22 6606. You can simply connect with the customer service representative provide your application number, PAN number, and registered mobile number. The customer executive shall verify the details as provided.
Through Direct Request
You can get a credit limit enhancement on your LIC credit card. You can always reach out to the customer executive with your queries for a credit limit increase to the LIC branch office. You can request a credit card limit increase online or by calling the customer care helpline. You will be required to mention all the necessary information related to your accounts such as employment status, gross income, and rental payments. There should be no default bill payments on your credit card account. You can not request credit limit enhancement if you have availed credit limit increase in the last 6 months. Your credit limit request shall not be entertained if your PAN details are not updated with your credit card account.
Temporary Credit Limit Increase
LIC cardholders can also get a temporary credit limit increase on their card. The credit enhancement is available to the customers only under certain circumstances. In case, the cardholder is need of a large sum of money they can apply for temporary limit enhancement. You will not be charged a fee for the limit increase request. and your credit limit shall be increased temporarily.
Documents required to Increase your Credit Card Limit
The LIC credit cardholder needs to mention their 16-digit credit card number along with the document provided below
- Last 2-month Salary Slips along with Bank statement stating salary credited
- Latest Income Tax Return and acknowledgment receipt ITR V
- Form 16 (both A and B)
No, you are not charged with a fee on credit limit increase request on your LIC credit card.
You can get in touch at 1800 233 1100 customer care number to raise a request to increase the credit limit of your card.
Yes, if you request credit limit increase on your credit card it will help you increase your credit score.