‘LIC FD’ policy with more profits than banks; Insurance cover up to ₹ 17 lakh with investment, know the whole truth: – ..

New Delhi. Along with safe investments, family safety is everyone’s priority in the year 2026. These days on social media and internet ‘LIC FD Plan’ There is a lot of discussion going on regarding this. It is being claimed that this plan of LIC is much better than the FD (Fixed Deposit) of banks because along with interest, it also provides huge insurance cover. Let us examine this ‘superhit’ plan in detail in the reporter style of Amar Ujala and know what is the reality.

What is LIC’s ‘FD’ plan? (Table No. 917)

Actually, LIC does not use the term ‘FD’ directly, rather it ‘Single Premium Endowment Policy’ (Plan No. 917) Is. It is commonly called ‘LIC’s FD’ because like a bank, money has to be deposited only once and it gives huge returns on maturity.

Lump sum investment: Unlike bank FD, one does not have to pay premium again and again.

Age Limit: Anyone from a 90 day old baby to 65 years of age can take it.

Duration: You can choose the tenure ranging from 10 years to 25 years as per your convenience.

Bank vs LIC: Where is the greater advantage?

By making FD in bank and post office, you get interest only on the deposited amount. But the biggest strength of this LIC plan is its ‘risk cover’.

Bank FD: Only interest is received, on the death of the depositor only the deposited amount and interest are returned.

LIC 917: Your insurance cover starts from the first day of investment. If something untoward happens during the policy term, the nominee gets a ‘Sum Assured’ much more than the deposit amount.

Security cycle of ₹17.87 lakh: Understand the math

As per the viral claims, if you invest a fixed amount (say ₹2,40,000), the security math is something like this:

Common Death: If the policyholder dies normally, the nominee can get a claim of up to ₹ 12.87 lakh (including bonus).

Accidental Death: If accidental rider is taken, this amount will increase ₹17.87 lakh can happen till

Maturity: If the policyholder remains safe, he gets the benefit of Deposit amount + Vested Bonus + Final Additional Bonus on maturity.

Is there a risk of losing money in LIC?

Often people are scared of the news of bank collapse. Let us tell you that LIC ‘Sovereign Guarantee’ Is received. This means that your money is directly guaranteed by the Government of India. Post office and LIC are considered the safest for investment.

LIC Housing Finance FD: For those who want only interest

If you want only bank like FD and not insurance then LIC Housing Finance (Sanchay Public Deposit) Is an excellent option.

Interest Rate: it’s almost 6.70% to 7.15% Gives annual interest of up to Rs.

Senior Citizen: Senior citizens get 0.25% more interest than normal.

Duration: FD can be made from 1 year to 5 years.