Yes, you have heard right, the biggest insurance provider of India is venturing into Credit Card business after their huge success in insurance. They are planning to get their card through GE. GE is already parterning with SBI to having Sbi cards. I feel that LIC has chosen the wrong person to start this business. I have really had very bad experiences with SBI cards bad customer service and lots of hidden charges without your knowledge. I had to call their customer service almost every month to waive off the additional charges incuring in my statement.

What do say, does LIC's this venture will become as successful as their insurance, will you be buying their credit card? I really doubt that i will buy one.