LIC New FD Scheme 2026: Earn ₹9,750 Interest on ₹1.5 Lakh Investment? Check the Facts

New Delhi: There is a buzz in the financial market regarding a "New LIC FD" offering ₹9,750 interest on a ₹1.5 Lakh investment. While the numbers are real, there is a specific way this calculation works. Most investors confuse LIC insurance policies with LIC Housing Finance Limited (LICHFL) fixed deposits.

Here is the 100% true breakdown of this scheme and how you can benefit from it.

The Reality Behind the ₹9,750 Figure

The figure of ₹9,750 is based on the LICHFL "Sanchay" Public Deposit rates.

• Investment Amount: ₹1,50,000

• Estimated Interest Rate: ~6.50% per annum

• Annual Interest Earned: ₹9,750

• Total Value after 1 Year: ₹1,59,750

Note: This is the annual interest, not monthly. Websites claiming this as monthly income are misleading. In 2026, LIC Housing Finance remains one of the highest-rated (CRISIL AAA) entities for public deposits.

LICHFL Sanchay Deposit vs. Traditional Bank FD

Key Benefits of LIC Housing Finance FD

1. Higher Returns for Seniors: Senior citizens generally get an additional 0.25% interest, which can push the annual earnings on ₹1.5 Lakh even higher than ₹9,750.

2. Flexible Payouts: You can choose the Non-Cumulative option if you want the interest credited to your bank account monthly or annually to manage your expenses.

3. No Market Risk: Unlike stocks or mutual funds, your principal amount is 100% safe and the returns are fixed at the time of deposit.

How to Apply?

To earn this interest, you don't necessarily need to visit an LIC office. You can apply through:

• The LICHFL Official Portal.

• Registered LIC Housing Finance agents.

• Authorized digital wealth management platforms.

Final Verdict

If you are looking for a safe alternative to Bank FDs with a slightly higher interest rate, the LIC Housing Finance Sanchay Deposit is a top-tier choice for 2026. However, always ensure you select the Cumulative option if you want to benefit from the power of compounding over 3-5 year