The LIC New FD Scheme 2026 is a secure way to invest your money with LIC Housing Finance Limited. It is designed for people who want reliable returns without taking on excessive risk. LIC, a trusted name in India, ensures that your investment remains safe and grows steadily over time.
This fixed deposit plan, known as SANCHAY, was first launched in May 2007 and has remained popular among investors. LIC HFL offers various FD options to cater to different financial needs. Over the years, these schemes have become known for providing good returns while keeping investments safe and secure.
LIC New FD Scheme 2026
Many investors prefer fixed deposits because they offer peace of mind and guaranteed returns. LIC’s FD schemes 2026 provide exactly that. They safeguard your principal while providing a fixed income. These features make LIC FDs an attractive option for those who want consistent growth of their money without worrying about market risks.
LIC is one of the most trusted financial institutions in India. Its FD schemes focus on security, stability, and reliability. The LIC New FD Scheme 2026 is created to help investors grow their money securely. It’s ideal for anyone looking for a risk-free investment with consistent and secure returns over time.
LIC Fixed Deposit Scheme for Seniors Overview
| Offered By | LIC Housing Finance Ltd. |
| Scheme Name | Fixed Deposit Scheme |
| Started In | in 2007 |
| Who Can Invest | Individuals |
| Minimum Deposit | ₹10,000 |
| Tenure | Various option |
| Deposit Types | Cumulative & non‑cumulative |
| Interest Payout | Annual or monthly |
| Senior Citizen Benefit | Extra 0.25% interest per year |
| Category | Latest News |
| Official Website | https://licindia.in/ |
Tenure Details and Interest Rates
LIC Housing Finance Limited, also known as LIC HFL, is one of India’s top housing finance companies. It offers a variety of fixed deposit schemes for individuals seeking secure and regular returns. In recent years, these FDs have gained significant popularity due to their reliability and attractive interest rates.
With these FD schemes, you can invest your money for varying tenures. For higher interest rates, you should consider investing in a 5-year LIC FD, where you can earn interest of up to 6.90% annually. LIC FDs also come with several features, such as flexible tenures and options for senior citizens. If you’re looking to plan your savings securely, learning more about LIC FD interest rates and account benefits can help you make an informed decision.
| Tenure | Interest Rate for Regular Investors | Interest Rate for Senior Citizens |
|---|---|---|
| 5 years | 6.90% | 7.15% |
| 3 years | 6.85% | 7.10% |
| 2 years | 6.80% | 7.05% |
| 18 months | 6.75% | 7.00% |
| 15 months | 6.75% | 7.00% |
| 1 year | 6.70% | 6.95% |
Different Options Available in LIC New FD Scheme
- Nomination Option: This scheme allows adding a nominee, helping family members receive funds easily in future.
- Joint Investment Option: Investors can open this FD jointly with family members for shared and convenient investment planning.
- Renewal Facility: After maturity, the fixed deposit can be renewed easily without opening a new account.
- Loan Against FD: Investors can take a loan against their FD to manage urgent financial needs.
- Senior Citizen Advantage: Senior citizens receive extra interest benefits, helping them earn better and safer returns.
- Tax Treatment: Interest earned from this FD is taxable as per income tax rules.
- Monthly Income Option: Non-cumulative option provides guaranteed monthly income for regular financial support.
- Emergency Liquidity: The scheme offers easy access to money during emergencies through loan or early withdrawal.
Types of Fixed Deposits You Can Invest
In the LIC FD Scheme, the interest you earn depends on how long you keep your money invested. Longer investment periods usually give higher returns than shorter ones.
Short term Deposit
A short-term fixed deposit (FD) is a safe and popular way to invest money for a short period, usually up to one year. It is suitable for people who want to achieve small financial goals quickly. By investing your extra cash in a short-term FD, you can earn good returns in a short time with low risk.
Medium Term Deposit
If someone chooses to invest in a Fixed Deposit with LIC Housing Finance for a period of two or three years, they can get attractive returns on their money. This medium-term option offers better interest rates than short-term deposits, allowing investors to grow their savings steadily while keeping their capital safe and secure over the investment period.
Long Term Deposit
LIC Housing Finance Limited offers long-term fixed deposits with a guaranteed return of 6.90% per annum. This is a good option for investors looking to invest for the long term. Keeping the money invested for five years or more yields better returns for investors, while also ensuring the safety of their principal. Long-term FDs are ideal for those who seek stable growth and maximum returns on their investments.
Required Documents for LIC FD Application
- Photograph
- PAN card
- ID proof
- Adhaar Card
- Address proof
- Completed and signed KYC form
How to Open an Account on LIC New FD Scheme
- Visit the official LIC Housing Finance website and open the fixed deposit or SANCHAY scheme section.
- Select the LIC SANCHAY fixed deposit option and click apply to begin the online application process.
- Register or log in by entering PAN number and mobile details for basic identity verification.
- Enter deposit amount, choose tenure period, and select cumulative or non-cumulative interest option carefully.
- Upload required KYC documents such as identity proof, address proof, and bank account details online.
- Complete payment using net banking or approved methods and receive fixed deposit confirmation after submission.
FAQs
What is the LIC New FD Scheme 2026?
This is a fixed deposit scheme offered by LIC Housing Finance Limited that provides safe and stable returns.
What is the minimum amount required to open an LIC fixed deposit?
The minimum deposit amount generally starts from ₹10,000, depending on the selected deposit option.
Can NRIs invest in the LIC New FD Scheme 2026?
Yes, NRIs are allowed to invest, but tenure options may be limited.