LIC New FD-Like Income Scheme: How ₹2.5 Lakh Can Turn Into Regular Monthly Returns
Growing Demand for Safe and Stable Income Options
Many investors today prefer safety over risk. Stock markets and market-linked products can move up and down quickly, which makes people nervous about their savings. Retirees, homemakers, and families that depend on fixed income usually look for plans that give steady monthly cash flow. Because of this, LIC’s income-based plans are getting attention, especially those that promise regular payouts similar to a fixed deposit.
Why LIC Is Trusted by Millions
Life Insurance Corporation of India has been serving customers for decades and is backed by the government. Its strong presence across cities, towns, and villages has built deep trust among people. For many families, LIC is not just an insurance provider but a reliable financial partner. This trust makes any LIC-backed savings or income plan more attractive, especially for conservative investors.
Not a Traditional FD but Similar in Nature
It is important to understand that LIC does not offer bank-style fixed deposits. Instead, it provides annuity and savings-cum-income plans. In these plans, you invest a lump sum amount and receive regular payments either immediately or after a certain period. Because these payouts work like monthly interest, many people informally call them “FD-like” schemes, even though they are insurance products.
How the ₹2.5 Lakh Monthly Income Idea Works
Some LIC plans show that an investment of ₹2.5 lakh may generate around ₹7,261 per month under specific conditions. This amount is calculated based on factors like age, payout option, and policy term. The longer the payout period and the better the annuity rate, the higher the monthly income can be. However, these figures depend on plan details and are not fixed for everyone.
Who Can Benefit the Most
These income-based plans are especially useful for retirees who need steady cash to manage daily expenses. People close to retirement may also use them to convert savings into regular income. Conservative investors who want predictable returns without market risk often find such plans suitable for their financial goals.
Key Points to Consider Before Investing
Before choosing any LIC income plan, it is important to check the lock-in period and exit rules. Unlike bank FDs, early withdrawal may not be easy. Investors should carefully read the policy document, understand how long payments continue, and confirm all terms with an official LIC representative. Proper understanding helps avoid confusion later.
Conclusion
LIC’s FD-like income plans offer stability and regular payouts, making them a good option for people seeking financial security. With careful planning, a lump sum investment can create dependable monthly income and peace of mind for the future.
Disclaimer
This article is for informational purposes only and does not constitute financial advice. Returns and monthly payouts depend on specific LIC plans, age, and policy terms. Readers should verify details with LIC or a qualified advisor before making any investment decision.
