Axis Bank and LIC tie up to offer credit cards
By siliconindia   |   Tuesday, 21 June 2011, 23:07 IST
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Bangalore: Life Insurance Corporation of India, a leading insurance provider along with Axis Bank is offering credit card services to the customers and employees of the former, reports rupeetimes. Life Insurance Corporation basically consists of four variants namely Visa Gold, MasterCard Titanium, Visa Platinum, and Visa Signature Credit-Card. The benefits with the credit cards like global acceptance, interest free credit period, cash withdrawal would also be granted. The card holders would be benefited with fuel surcharge waivers through all petrol pumps and lost card liability too. But the gold credit card holders would not be given the benefit of fuel surcharge waivers. Payment of LIC policy premiums through these cards will bring reward points to the customer. The bank already has a credit card coming in co branding with Corporation Bank