If you want a safe way to earn money every month, the LIC fixed deposit scheme can be a good choice. By investing ₹1.5 lakh, you can get around ₹9,500 every month as interest. The money goes directly to your bank account without any extra steps.
This plan is useful for people who want steady income without taking risks in the stock market. It is helpful for retirees, homemakers, and savers who want regular money while keeping their savings safe.
Understanding the LIC FD Scheme
The LIC FD scheme works similar to a bank fixed deposit. But instead of getting all the money at the end, you receive monthly interest payouts.
When you put ₹1.5 lakh in this plan, you will start getting interest every month. The amount is around ₹9,500 but may change based on current interest rates. The money is credited directly to your bank account, making it very simple to use.
Here’s a quick example:
| Investment Amount | Monthly Payout | Payment Mode |
| ₹1.5 Lakh | Around ₹9,500 | Bank Transfer |
Who Can Benefit the Most?
This plan is best for people who do not earn regular income but need monthly support.
- Senior citizens and retirees can use it to pay bills and daily expenses.
- Homemakers can get extra income for household needs.
- People with idle savings in bank accounts can make better use of their money.
Since it is not linked to the stock market, it gives peace of mind to those who want safety over high profits.
Safety, Liquidity, and Ease of Use
One reason people trust LIC is its reputation and safety. It has been serving people in India for decades and is seen as reliable.
The scheme also offers liquidity. In some cases, you can withdraw your money before the maturity period, though terms and conditions apply.
It is also very easy to use. There is no complicated paperwork, and once set up, you receive monthly payouts automatically in your bank account.
Why Consider This Over Other Options?
There are many risky investment choices today, like stocks, crypto, and mutual funds. They may give high profits, but they also carry losses.
This LIC FD plan is different because it gives fixed, safe, and regular income. Even if the returns are not as high as risky options, the security and stability make it attractive.
It is good for those who want steady monthly money for daily expenses, medical costs, or personal use. It also suits people who are not very familiar with complicated investments.
Final Thoughts
The LIC FD scheme is a practical and safe choice for people who want fixed monthly income. By investing ₹1.5 lakh, you can earn around ₹9,500 per month without worrying about market risks.
It offers stability, easy access, and safety from a trusted financial institution. For retirees and conservative investors, this plan can bring financial comfort and peace of mind.
Disclaimer: The monthly payout is approximate and depends on current interest rates. Always check with an LIC agent or the official website for the latest details before investing.