- Advertisement -
HomePersonal FinanceLIC FD Interest: Opportunity to earn profit from LIC's FD, getting up...

LIC FD Interest: Opportunity to earn profit from LIC’s FD, getting up to 7.75 percent interest

- Advertisement -
- Advertisement -

LIC Fixed Deposit LIC has increased the interest rates on its Housing Finance FD. A maximum interest of up to 7.75 percent is being given in this. So let’s know its complete interest rates.


Housing Finance Fixed Deposit Interest Rates: If you are planning to earn more profits through investment, then LIC’s Housing Finance Fixed Deposit can be considered. LIC Housing Finance Limited ( LIC HFL ) has increased its interest rates on Cumulative Public Fixed Deposit with effect from April 12, 2023. After the revision, HFL is offering interest rates ranging from 7.25% to 7.75% on deposits of 1 year to 5 years.

Cumulative Public Deposit

LIC Housing Finance Limited has increased the interest rates on its Cumulative Public Deposit . These rates are being offered for deposits of Rs 20 crore and above and deposits under the scheme are available for tenures of 1 year, 18 months, 2 years, 3 years and 5 years. So let’s know the interest rates available under it.

Interest rates offered by LIC HFL

Interest rates for deposits below Rs 20 crore-

  • 1 year: 7.25%
  • 18 months: 7.35%
  • 2 years: 7.60%
  • 3 years: 7.75%
  • 5 years: 7.75%

Interest rates for deposits above Rs 20 crore-

  • 1 year: 7.25%
  • 18 months: 7.25%
  • 2 years: 7.50%
  • 3 years: 7.75%
  • 5 years: 7.75%

Non-Cumulative Public Deposit interest rate

Interest rates for non-cumulative public deposits up to Rs 20 crore-

Monthly option

  • Monthly Option for 1 Year Deposit: 7%
  • Monthly option for 18 months deposit: 7.10%
  • Monthly Option for 2 Year Deposit: 7.35%
  • Monthly Option for 3 Year Deposit: 7.50%
  • Monthly option for 5 years deposit: 7.50%

Annual option

  • Annuity option for 1 year: 7.25%
  • Annuity option for 18 months: 7.35%
  • Annuity option for 2 year deposit: 7.60%
  • Annuity option for 3 years deposit: 7.75%
  • Annuity option for 5 years deposit: 7.75%

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
RELATED ARTICLES

Most Popular

Recent Comments