Transform Your Finances with LIC's Fixed Deposit Scheme

Introduction to LIC's Financial Stability

The tagline of the Life Insurance Corporation (LIC) is 'With life, after life too.' This organization has consistently delivered on this promise, providing financial stability to millions through various innovative schemes.

Why Invest in LIC's Fixed Deposit Scheme?

If you're searching for a scheme that offers substantial returns on investment, LIC's Fixed Deposit Scheme might be the perfect fit for you. This scheme allows you to realize your dream of becoming wealthy with just a one-time investment.

Investment Details of LIC's Fixed Deposit Scheme

Once you invest in this scheme, you could receive a significant payout. Notably, this policy is accessible to individuals ranging from infants aged 90 days to those up to 65 years old. Additionally, you can choose a policy term that spans from 10 to 25 years.

For a policy with a sum assured of 2 lakh, the single premium including GST is approximately ₹93,193. Upon maturity after 25 years, you could receive ₹5.45 lakh. The minimum sum assured starts at ₹50,000.

Moreover, there is no upper limit on the amount you can invest. If you take out this policy for a child, coverage begins once they reach 8 years of age. In the unfortunate event of the policyholder's death, the entire amount will be paid to the nominee.