LIC New FD Scheme : When it comes to safe and secure investment options in India, many investors trust Life Insurance Corporation of India. Recently, there has been growing interest around LIC’s fixed return–type plans, with claims that investing ₹1.5 lakh can generate around ₹9,750 annual interest.
Although LIC does not offer traditional bank fixed deposits (FDs), it provides guaranteed return savings and insurance plans that work in a similar structured way. In this article, we will clearly explain how you can earn ₹9,750 on a ₹1.5 lakh investment, along with benefits, returns table, and FAQs.
How Can You Earn ₹9,750 on ₹1.5 Lakh?
If you invest ₹1,50,000 in a guaranteed return LIC savings plan that offers approximately 6.5% annual return, the calculation would be:
₹1,50,000 × 6.5% = ₹9,750
This means:
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Investment Amount: ₹1,50,000
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Estimated Interest Rate: 6.5% per annum
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Annual Interest Earned: ₹9,750
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Total Value After 1 Year: ₹1,59,750
Please note that actual returns depend on the specific LIC plan, tenure, and policy terms.
LIC Investment Return Table (Estimated Example)
| Investment Amount | Estimated Interest Rate | Tenure | Approx. Interest | Total Maturity Amount |
|---|---|---|---|---|
| ₹1,00,000 | 6.5% | 1 Year | ₹6,500 | ₹1,06,500 |
| ₹1,50,000 | 6.5% | 1 Year | ₹9,750 | ₹1,59,750 |
| ₹2,00,000 | 6.5% | 1 Year | ₹13,000 | ₹2,13,000 |
| ₹3,00,000 | 6.5% | 1 Year | ₹19,500 | ₹3,19,500 |
This table is only for illustration. The final returns depend on the chosen LIC policy.
Why Investors Prefer LIC Fixed Return Plans
LIC is a government-owned institution and is considered one of the most trusted financial organizations in India. Investors prefer LIC plans because they offer capital safety and predictable returns.
Unlike market-linked investments such as mutual funds or stocks, LIC’s guaranteed savings plans are not directly affected by stock market fluctuations. This makes them suitable for risk-averse investors.
Some additional benefits include:
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Government-backed security
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Guaranteed maturity benefits
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Tax benefits under Section 80C (if eligible)
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Loan facility against certain policies
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Flexible tenure options
These features make LIC savings plans appealing to conservative investors.
Who Should Consider Investing?
LIC fixed return–type plans may be suitable for:
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Senior citizens looking for safe returns
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Salaried individuals planning short-term savings
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Parents saving for children’s future
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Investors who want capital protection
If your goal is steady and predictable returns instead of high-risk, high-reward investments, LIC savings plans can be considered.
Important Points to Remember
Before investing, keep these points in mind:
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LIC does not offer a traditional bank FD account.
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Returns depend on the specific policy chosen.
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There may be lock-in periods in some plans.
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Early withdrawal may attract penalties.
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Always read the policy brochure carefully.
Comparing LIC plans with bank FDs and post office schemes can help you make a better financial decision.
1. Does LIC provide a fixed deposit scheme like banks?
No, LIC does not offer traditional FDs. It offers guaranteed return insurance and savings plans.
2. Is ₹9,750 interest guaranteed on ₹1.5 lakh investment?
It depends on the interest rate and policy selected. At approximately 6.5% annual return, ₹9,750 can be earned in one year.
3. Is LIC investment safe?
LIC is government-owned and widely trusted, making it a relatively safe investment option.
4. Can I withdraw money before maturity?
Some LIC policies allow premature withdrawal or loan facility, but conditions apply.
Final Conclusion
If you are planning to invest ₹1.5 lakh and want stable, low-risk returns, LIC’s guaranteed savings plans can help you earn around ₹9,750 annually at an estimated 6.5% return. However, always review policy terms, compare options, and consult a financial advisor before making any investment decision.