Picture a constant flow of dollars coming into your account daily without you having to do any work; all you need to do is save smartly. The new LIC fixed deposit scheme is the solution to this dream—combining solid security and good returns.
The Sanchay Plan
At the beginning of 2025, the Life Insurance Corporation of India (LIC) Housing Finance Limited introduced an upgraded version of its traditional “Sanchay” fixed deposit scheme. Designed for the account holders, this modification is based on the original launch of 2007 and it gives the higher rates during the times when interest is rising. The scheme, which is certified FAAA/Stable by CRISIL, guarantees the best safety. Starting from October 2025, the scheme is meant for individuals, NRIs, and even minors through their guardians, thus ensuring wide access.
Why Select Sanchay? Key Benefits Exposed
Flexibility is the biggest factor in favor of this scheme. The clients are free to choose between a one to five-year period with a monthly payout or let the money compound. With backing from the country’s insurance major, it completely overtakes bank savings in the whole country hands down. Passive income is enjoyed by the older ones while the young ones are receiving the loan facilities of up to 75% of deposits in case of emergencies. As for early withdrawals? After three months permitted, but the adjusted rates apply. The forms 15G/H give the tax benefits and thus, less money goes out of your pocket.
Interest Rates
Interest rates are still competitive, and they reach the maximum of 7.75% p.a. for the longer periods. Here is an overview of the current rates:
| Tenure (Years) | General Rate (% p.a.) | Senior Citizens (% p.a.) |
|---|---|---|
| 1 | 7.00 | 7.25 |
| 2 | 7.25 | 7.50 |
| 3-5 | 7.50 | 7.75 |
The above rates, valid from October 2025, are indicative of a 0.25% increment from midsummer, pampering the faithful ones. A ₹10 lakh investment at 7.50% for a duration of three years will generate a monthly interest of approximately ₹6,250, which will be compounded and thus result in more than ₹12 lakh at maturity.
Who Gets In? Easy Entry For Holders
The account holders are the first ones to be processed, and the minimum deposit is set at ₹20,000. The NRIs are allowed a maximum of three years, while local customers enjoy the entire five-year period. The nomination process is easy even for minors. Go for the submission at branches or online portals; the funds will be credited immediately, and the certificates will be issued within weeks. There are no hidden charges that can reduce your profits.
Final Words Secure Your Tomorrows Today
LIC’s Sanchay FD is not just a financial investment but rather a commitment of insurance during difficult times. The DICGC insurances up to ₹5 lakhs and AAA ratings keep the risks very low. Don’t hesitate to take a plunge—visit lihflfsl.in or your nearest branch. It is a wise decision that your future self will appreciate.
Also Read: PM Jan Dhan Yojana 2025: Government Expands Financial Inclusion With New Benefits
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