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LIC New FD Scheme: In today's world, where the crypto and stock markets fluctuate like a roller coaster, keeping your hard-earned money safe has become a major challenge. To eliminate this risk, LIC launched its new Fixed Deposit (FD) scheme in 2026. This scheme is for young people and families who want a guaranteed and fixed return instead of worrying about market fluctuations. LIC's name itself is synonymous with trust, and now, with better interest rates, it has become even more attractive.

What is the real concept behind this LIC FD scheme?

This LIC FD scheme is very simple. You just have to deposit your money once for a fixed period. You can choose a period from 1 to 5 years, depending on your needs. Once your chosen period is complete, LIC returns your principal amount along with the substantial interest earned. This is best for those who are planning for the long term and want their money to grow steadily without any risk.

What special offer does it have for the younger generation?

If you are just starting your career, this scheme can be a solid backup plan for you. This scheme offers a 7.2% annual interest rate to the general public, which is significantly better than many major banks. The best part is that you get two payout options. If you need some pocket money or extra income every month or every three months, you can choose the non-cumulative option. And if you want the money to accumulate and be received as a lump sum, the cumulative option is best.

What will senior citizens and tax savers get? LIC has offered a higher interest rate of 7.6% to senior citizens, keeping their needs in mind, making it an excellent source of fixed income after retirement. Additionally, for those looking for tax-saving options, the 5-year Fixed Deposit is a jackpot. The money deposited in this scheme is eligible for tax exemption under Section 80C. This means you get the benefit of tax savings from the government on your savings.

Why is this the most talked-about scheme of 2026?

Amidst rising inflation and market uncertainties, this LIC FD scheme acts as a shield. It's not just an investment, but a guarantee that your money will not be lost. Whether it's for your children's education, marriage, or fulfilling a big dream, this scheme guarantees a stable financial future.