LIC New FD Scheme 2026 has created strong interest among investors who are looking for a safe, fixed, and predictable monthly income. Backed by LIC Housing Finance, this fixed deposit scheme is designed for people who prefer security over risk and want steady returns without exposure to the stock market.
Many headlines highlight claims like “Invest ₹2 lakh and get ₹13,000 per month”. To make the right decision, it is important to understand how the scheme actually works, what returns are realistic, and who this plan is best suited for. This article explains everything in a clear, original, and copyright-free manner.
What Is LIC New Fixed Deposit Scheme 2026?
The LIC New FD Scheme 2026 is a non-cumulative fixed deposit plan offered by LIC Housing Finance Ltd. Under this scheme, investors deposit a lump-sum amount for a fixed tenure and receive regular interest payouts, usually on a monthly basis.
Unlike market-linked products, the returns here are pre-decided and stable, which makes this scheme attractive for retirees, senior citizens, and conservative investors who want financial peace of mind.
How the Monthly Income Option Works
When you invest ₹2,00,000 in the LIC FD scheme and choose the monthly interest payout option, the interest earned on your deposit is credited to your bank account every month.
The monthly income depends on:
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The interest rate applicable at the time of investment
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The tenure you select
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Whether you are a senior citizen
At standard interest rates, the monthly income is calculated from the annual interest, which is divided into 12 equal payments.
Reality Behind the “₹13,000 Per Month” Claim
It is important to clarify that ₹13,000 per month on a ₹2 lakh investment is not a guaranteed or standard return under normal FD interest rates.
In most cases:
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The annual interest on ₹2 lakh is around ₹13,000–₹14,000 per year
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This translates to approximately ₹1,000–₹1,200 per month, not ₹13,000 per month
Figures like ₹13,000 are often misinterpreted, promotional, or based on different assumptions such as:
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Annual interest shown as monthly
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Combined returns over multiple years
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Larger investment amounts
Always rely on official interest rates and realistic calculations before investing.
LIC New FD Scheme 2026 – Key Features
| Feature | Details |
|---|---|
| Scheme Type | Fixed Deposit (Non-Cumulative) |
| Issuer | LIC Housing Finance Ltd. |
| Minimum Investment | ₹2,00,000 (for monthly payout option) |
| Interest Payout | Monthly / Annual |
| Interest Rate | As per tenure and prevailing rates |
| Tenure Options | Multiple options available |
| Risk Level | Low |
| Senior Citizen Benefit | Additional interest |
| Taxation | Interest taxable as per income slab |
Who Should Invest in LIC FD Scheme 2026
The LIC FD Scheme 2026 is ideal for:
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Retired individuals seeking stable monthly income
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Senior citizens who want safe returns
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Investors avoiding market risk
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People planning for regular household expenses
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Conservative savers who prioritize capital protection
This scheme may not be suitable for investors looking for high growth or inflation-beating returns, as it focuses on stability rather than aggressive profit.
Benefits of LIC New FD Scheme
One of the biggest advantages of this scheme is the trust factor associated with LIC. The fixed nature of returns ensures that investors know exactly how much income they will receive each month. There is no stress of market fluctuations, making it easier to plan expenses.
Additionally, senior citizens benefit from slightly higher interest rates, which improves overall returns.
Things to Consider Before Investing
While the scheme is safe, investors should remember that:
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Interest income is taxable
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Returns may not beat inflation over the long term
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Funds are locked in for the selected tenure
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Premature withdrawal may attract penalties
It is always wise to compare LIC FD with bank FDs and other fixed-income options before making a final decision.
Is LIC New FD Scheme 2026 safe?
Yes, it is considered low-risk as it is offered by LIC Housing Finance, a trusted financial institution.
Can I really get ₹13,000 per month by investing ₹2 lakh?
No, that amount usually represents yearly interest, not monthly income. Monthly income is typically much lower.
Is this scheme good for senior citizens?
Yes, senior citizens receive additional interest, making it more beneficial for them.
Is the interest from LIC FD taxable?
Yes, the interest earned is taxable according to the investor’s income tax slab.
Final Verdict
The LIC New FD Scheme 2026 is a safe and reliable investment option for those who want steady monthly income without taking risks. While claims of very high monthly payouts can be misleading, the scheme still offers predictable returns, strong trust, and financial stability.
