LIC Fixed Deposit Plan 2025 : Are you looking for a safe and guaranteed monthly income in 2025? LIC Fixed Deposit Plans could be your go-to solution. With India’s most trusted financial institution backing your money, these schemes provide stability, assured returns, and a consistent monthly income stream – perfect for retirees, homemakers, and conservative investors.
In this article, we’ll explore how you can earn ₹10,000 every month with LIC’s Fixed Deposit-style schemes, compare different options, and guide you to choose the most suitable plan based on your financial goals.
LIC Fixed Deposit Plan 2025 : Why Choose LIC Fixed Deposit Plan in 2025?
LIC (Life Insurance Corporation of India) has long been considered a symbol of trust and financial security. While technically not a bank that offers traditional fixed deposits, LIC provides investment schemes that act like fixed deposits – offering guaranteed returns, safety of capital, and predictable income.
Here’s why LIC schemes are becoming a preferred choice in 2025:
- Backed by Government of India
- Guaranteed income with low risk
- Tax benefits under Section 80C
- Ideal for retirees or those seeking passive income
- Wide network of service centers for easy assistance
LIC Plans That Offer Fixed Deposit-like Monthly Income
There are multiple LIC schemes that work similarly to fixed deposits and offer monthly income. One of the most popular ones is the LIC New Jeevan Shanti Plan, a non-linked, non-participating, single premium annuity plan.
Another is the LIC Saral Pension Plan, which is also a single premium, immediate annuity option that can generate fixed monthly returns.
Let’s look at the most prominent LIC plans that provide monthly income:
See More : New Pension Rules
Key LIC Plans That Offer Monthly Income
| Plan Name | Type | Minimum Investment | Monthly Income | Entry Age | Premium Payment | Return Type |
|---|---|---|---|---|---|---|
| LIC New Jeevan Shanti | Deferred Annuity Plan | ₹1,50,000 | ₹10,000* | 30 to 85 years | Single Premium | Guaranteed |
| LIC Saral Pension | Immediate Annuity Plan | ₹1,50,000 | ₹10,000* | 40 to 80 years | Single Premium | Guaranteed |
| LIC Jeevan Akshay VII | Immediate Annuity Plan | ₹1,50,000 | ₹10,000* | 30 to 85 years | Single Premium | Guaranteed |
| LIC Pradhan Mantri Vaya Vandana Yojana | Pension Plan | ₹1,56,658 | ₹10,000* | 60 years+ | Single Premium | Guaranteed |
| LIC Monthly Income Plan | Endowment + Income Plan | ₹2,00,000 | ₹10,000* | 18 to 55 years | Regular Premium | Fixed + Bonus |
| LIC Single Premium Endowment | Endowment Plan | ₹1,00,000 | ₹10,000* | 90 days to 65 yrs | Single Premium | Maturity-based |
| LIC Bima Shree | Limited Premium Plan | ₹5,00,000 | ₹10,000* | 8 to 55 years | Limited Premium | Bonus Linked |
*Monthly income is subject to age, investment amount, and plan type. Illustrative amount based on specific plan and investment.
How to Get ₹10,000 Monthly Income with LIC?
Let’s break down how much you need to invest and which plan suits your goal of receiving ₹10,000 every month.
Required Investment for ₹10,000 Monthly Return
| Plan | Investment Needed | Monthly Income | Policy Term | Payout Start |
|---|---|---|---|---|
| Jeevan Shanti (Deferred) | ₹16-17 Lakhs | ₹10,000 | 5-10 years | After deferment |
| Saral Pension | ₹17-18 Lakhs | ₹10,000 | Lifetime | Immediate |
| PMVVY | ₹15.6 Lakhs | ₹10,000 | 10 years | Immediate |
| Jeevan Akshay VII | ₹16 Lakhs | ₹10,000 | Lifetime | Immediate |
Note: These values are approximated and vary based on your age, policy term, and annuity option selected.
Benefits of LIC Fixed Income Plans
LIC’s fixed income plans provide peace of mind, especially for those who don’t want to take market risks. Here are some of the top advantages:
- Capital Security: Your investment is protected.
- Predictable Income: Know exactly how much you’ll receive each month.
- One-time Investment: Most plans require a single premium payment.
- Lifetime Pension: For many plans, you receive income until your death.
- Return of Purchase Price: Some options return the initial investment to your nominee.
Who Should Invest in LIC Monthly Income Plans?
These LIC plans are ideal for:
- Retired Individuals: Who need a regular monthly income for expenses.
- Conservative Investors: Seeking safety and guaranteed returns.
- Housewives or Homemakers: Looking for passive income without financial market exposure.
- Senior Citizens: Wanting to preserve capital while generating pension.
- Parents Planning for Children: These plans offer security and regular payouts.
Comparison: LIC Fixed Deposit Plans vs Bank FDs
| Feature | LIC Plans | Bank Fixed Deposits |
|---|---|---|
| Returns | Guaranteed, Fixed | Fixed, Lower than LIC plans |
| Risk | Very Low | Very Low |
| Liquidity | Low (Lock-in) | Moderate |
| Monthly Income Option | Available in Annuity Plans | Available in select options |
| Tax Benefit | Available under Sec 80C | Available under Sec 80C |
| Return of Capital | In some annuity options | Yes, at maturity |
Important Things to Keep in Mind
Before investing in any LIC monthly income plan, here are a few tips to ensure you make the right choice:
- Always read the fine print and ask about charges or deductions.
- Confirm whether the plan offers lifetime income or fixed term income.
- Check the death benefit and return of purchase price features.
- Ensure your nominee is clearly added to the policy.
- Compare annuity options (single life vs joint life).
If your priority is a fixed, guaranteed income without any market risks, then LIC’s fixed income plans are a solid choice. Though they may not give the highest returns compared to mutual funds or market-linked options, the assurance of monthly income makes them highly dependable for those who prioritize stability.
Make sure to evaluate your age, investment capacity, and income goals before choosing the best LIC plan. Consulting with a certified LIC agent or financial advisor can also help you make an informed decision.
