Claims about a New LIC FD Scheme 2026 promising 8%–9% guaranteed fixed returns are spreading fast among investors searching for safe income options, but many are unsure whether such a scheme is officially available or simply being misunderstood. This article explains the actual truth, how LIC products work, and what investors should realistically expect before committing money.
What Is Being Claimed About the LIC FD Scheme
The claim suggests that Life Insurance Corporation of India has launched a fixed deposit–style scheme in 2026 offering 8% to 9% guaranteed annual returns, similar to a bank FD with assured income and zero risk.
| Claim Element | Reality Check |
|---|---|
| LIC FD Scheme | LIC does NOT offer bank-style FDs |
| 8%–9% Fixed Interest | Not officially announced |
| Guaranteed Income | Comes via insurance plans |
| Return Nature | Long-term projected IRR |
| Liquidity | Lower than bank FDs |
Does LIC Actually Offer Fixed Deposits
LIC does not operate fixed deposits like banks or post offices. Instead, LIC provides insurance-based guaranteed income and savings plans, which are often misinterpreted as FDs because they promise assured payouts over long durations, not fixed yearly interest.
Where the 8%–9% Return Figure Comes From
The 8%–9% return figure usually comes from long-term internal rate of return (IRR) calculations shown in illustrations of LIC guaranteed plans, where premiums paid over several years are compared with future payouts, making the annualized return appear high.
How LIC Guaranteed Income Plans Really Work
LIC guaranteed plans require policyholders to pay premiums for a fixed term, after which pre-defined income or lump-sum benefits are paid according to policy documents, combining insurance protection with long-term savings rather than acting as a deposit instrument.
Is the Return Guaranteed Like a Bank FD
While LIC plans provide assured benefits, they do not guarantee a fixed annual interest rate like an FD. Returns depend on policy duration, premium structure, age, and payout mode, and early exit can significantly reduce returns.
Who Should Consider LIC Guaranteed Plans
These plans may suit risk-averse investors, retirees seeking predictable long-term income, or individuals wanting insurance plus savings, but they are not ideal for short-term investments or those needing high liquidity.
Key Facts Investors Must Know
- LIC does NOT offer a true FD scheme
- 8%–9% figures are projected, not fixed interest
- Returns depend on long-term holding
- Liquidity is lower than bank FDs
- Official brochures matter more than headlines
Conclusion
There is no officially launched LIC FD Scheme in 2026 offering 8%–9% fixed returns like a bank deposit. What exists are LIC guaranteed income insurance plans, where long-term projected returns may look similar when averaged annually. Investors should clearly understand the difference before making financial decisions.
Disclaimer
This article is for informational purposes only and does not constitute financial or investment advice. LIC product features, returns, and terms are subject to official policy documents and government regulations. Always verify details through authorized LIC sources before investing.