Whenever safe investments are discussed, the first name that comes to most people’s minds is LIC, a trusted entity. For years, people have considered LIC not just insurance but also future financial security. Recently, there has been a heated discussion on social media about whether LIC has launched a new LIC FD Scheme in 2026.
If you too want to invest your money in a safe place and earn guaranteed returns, it’s crucial to understand this topic properly, as incomplete information can lead to investment losses.
Does LIC have an FD scheme like a bank?
First, it’s important to understand that LIC FD Scheme is an insurance company, not a bank. Therefore, a fixed deposit account cannot be opened directly like a bank. LIC doesn’t offer traditional FDs, but it has several savings and guaranteed return schemes that operate similar to FDs.
In these schemes, you invest a fixed amount and, upon completion, receive a guaranteed amount plus a bonus or profit. This is why people often refer to them as LIC FDs.
What’s changing in 2026 and why is it being discussed?
In 2026, greater emphasis is being placed on increasing transparency and digital access in the insurance sector. Under new regulations, companies will be required to provide clear information to customers about how much guaranteed coverage will be available in each plan and how much will be based on bonuses. This will enable investors to make decisions with greater clarity.
Digital services are also being strengthened, making it easier to purchase policies, check status, and manage documents via mobile. Efforts are also being made to speed up the claim settlement process so that funds can be received quickly when needed. This change is causing people to believe that LIC has launched a new FD-like scheme, but in reality, it is simply making existing schemes more transparent and digital.
Why do LIC’s plans resemble FDs?
Many traditional LIC plans offer guaranteed returns, giving investors the assurance of stability. While bank FDs offer fixed interest, some LIC plans also add a bonus to the guarantee. This can provide good returns in the long run.
Furthermore, these plans offer insurance protection, which is an additional advantage over FDs. This is why those who want a safe investment and family protection prefer LIC plans.
Which Investors May Be Suitable for LIC Plans
If you want to minimize risk, save regularly, and secure money for the long term, LIC plans can be useful. This option is considered reliable, especially for those who want to stay out of market fluctuations and want the peace of mind of receiving a fixed amount.
LIC hasn’t introduced a bank-like FD, but many of its plans offer the stability and reliability of FDs. The changes coming in 2026 are a step towards making these plans more transparent, digital, and customer-friendly. If you want a safe investment, it’s best to understand and compare LIC plans before making your decision.
Disclaimer: This article is for general information purposes only. Before investing, it’s important to seek advice based on your financial situation, risk appetite, and needs. Before investing in any plan, please consult LIC’s official information or consult a financial advisor.
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