LIC Fixed Deposit Calculator: Calculate LIC FD Returns Instantly 

What is LIC FD Calculator?

The LIC FD Calculator is a tool you can use online to figure out the value of your LIC FD Scheme. Investors can quickly find out how much interest they earned and how much they will get when their LIC FD matures by entering simple information into the LIC FD Calculator.

• Amount of money to invest

• Rate of interest

• Length of time and its compounding frequency

The LIC Fixed Deposit Calculator gives you accurate results instantly, which helps investors better plan their financial goals and get clear and trustworthy results.

The LIC FD Calculator also functions as an advanced LIC FD Interest Calculator. It helps you calculate the maturity amount for a fixed deposit in LIC Housing Finance. The LIC Fixed Deposit Scheme Calculator estimates how much you will receive once your FD matures.

LIC Housing Finance Ltd. went public in 1994 after being promoted by LIC of India. Presently, the company operates under the National Housing Bank with a fixed deposit plan called the Sanchay Deposit Scheme since May 2007. The opportunity of making an investment for a yield as high as 7. 75% per year is available here for interested people.

How Does The LIC HFL FD Calculator Work?

The LIC FD Plan Calculator, provided by LIC of India, works by calculating the relevant parameters. Upon inputting all of the required parameters, the interest on the desired principal amount must also be provided from the list below or an interest that you want. The calculations based on the inputs provided are then carried out, and the result with all the parameters is displayed, including the maturity amount.

Interest Rates vary not only from individual to individual but also with the tenure of the fixed deposit. Some of the interest rates for individuals are listed.

• For a year's tenure, the interest rate for the monthly option is 5.10%, and for the annual option, it is 5.25%.

• For a tenure of 18 months, the interest rate for the monthly option is 5.35%, and for the annual option, it is 5.50%.

• For a tenure of 2 years, the interest rate for the monthly option is 5.50%, and for the annual option, it is 5.65%.

• The interest rate remains the same for the tenures of 3 years and 5 years. For the monthly option, it is 5.60%, and for the annual option, it is 5.75%.

• The Interest Rates vary for both common people and senior citizens. The rates are listed as follows:

• For a tenure of a year, the interest rate for the monthly option is 5.35%, and for the annual option, it is 5.50%.

• For a tenure of 18 months, the interest rate for the monthly option is 5.60%, and for the annual option, it is 5.75%.

• For a tenure of 2 years, the interest rate for the monthly option is 5.75%, and for the annual option, it is 5.90%.

• The interest rate remains the same for tenures of 3 years and 5 years. For the monthly option, it is 5.85%, and for the annual option, it is 6.00%.

How To Use the LIC FD Calculator?

Understanding returns in absolute values rather than percentages helps in better financial planning. The LIC FD Calculator offers two methods:

• Investment Amount Approach – Ideal if you know how much you want to invest

• Target Amount Approach – Suitable if you know your desired maturity amount

The LIC FD Calculator 2025 offers precise planning assistance. Using the LIC FD Calculator is simple and user-friendly. Here's how you can calculate the returns:

Step 1: Enter the investment amount or principal you wish to invest.

Step 2: Select the investment tenure. With the LIC Fixed Deposit Calculator, you can choose tenures ranging from 1 to 5 years.

Step 3: Enter the applicable interest rate.

Step 4: Choose the compounding frequency using the dropdown option.

Once you complete all these steps, the LIC FD Scheme Calculator will display:

• Total investment amount

• Interest earned

• Total maturity amount

Note: If you also wish to choose traditional investment and insurance plans from LIC, use the LIC calculator to check premium amounts, maturity amounts and all the other benefits payable. 

Formula to Calculate LIC FD Interest

Besides using the LIC FD Interest Calculator, investors can also calculate interest manually.

Simple Interest Formula

Simple Interest = (P × R × T) / 100

Example:Investment: ₹50,000
Rate: 7.75%
Tenure: 3 years

Simple Interest = ₹11,625
Maturity Amount = ₹61,625

Compound Interest Formula

Compound Interest = P (1 + r/n)^(n × t) – P

Example:Investment: ₹75,000
Rate: 7.75%
Tenure: 5 years

Maturity Amount = ₹1,08,930

Since manual calculations can be complex, using the LIC FD Calculator ensures error-free results.

LIC FD Calculator for Different Tenures

The LIC FD Calculator supports multiple tenure-based calculations, including:

• LIC Fixed Deposit for 5 Years Maturity Calculator

• LIC Fixed Deposit for 10 Years Maturity Calculator

• LIC Term Deposit Calculator

For investors seeking periodic income, the LIC FD Monthly Income Plan Calculator helps estimate regular payouts.

You can also explore upcoming offerings using the LIC FD Scheme 2025 Calculator.

LIC Housing Finance FD Calculators

Investors opting for LIC Housing Finance deposits can benefit from:

• LIC Housing Finance FD Calculator

• LIC Housing Finance FD Interest Rate Calculator

These tools help compare interest rates, tenure options, and maturity benefits accurately.

Benefits of Using the LIC FD Calculator

Using the LIC FD Calculator offers several advantages:

• Accuracy & Speed: Delivers accurate maturity amounts and interest earned in no time, thus, it does not allow errors in manual calculations.

• Informed Choices: Facilitates comparing of different LIC plans or other bank FDs by displaying the exact results for different inputs (tenure, amount, rate).

• Time & Effort Saving: It is a great tool to save time and effort by getting rid of branch visits or customer care calls for simple estimates.

• Financial Planning: Provides clear and accurate projections of future wealth that not only help in setting financial goals but also in managing the budget.

• User-friendly: Makes the policy-to-investor communication process easier by breaking down the complex policy details into simple, understandable figures which are comprehensible even for first-time investors.

• Scenario Analysis: Enables users to understand the impact of changing different variables (such as tenure or investment amount) on their final returns.

How To Buy LIC FD Plan?

The LIC HFL Sanchay Scheme is only available for purchase by LIC Housing. Here are the steps to buy the plan:

Step 1: Go to the official LIC Housing website.

Step 2: Click on Deposits from the Navigation Bar and then click on ‘Sanchay Public Deposit’.

Step 3: Click on ‘Apply Now’

Step 4: Click 'Login' if you already have an account. Or click ‘Register’ if you are a new user. In both cases, you will be required to provide your PAN and a captcha. 

KYC compliance is mandatory in the case of an investment in the LIC FD Monthly Income Plan. Thus, a first-time investor is required to submit all the necessary documents at the time of opening a deposit. At the same time, Joint deposits are also permitted by LIC, where each joint holder is expected to provide these documents:

• Filling and signing the FD application form: Make sure that all the information is correctly filled in and that the form is duly signed. Submit passport-sized photographs. Provide two recent colour passport-sized photographs. 

• PAN card copy: A self-attested copy of the PAN card is a must. 

• Identity proof: Only one of the following can be submitted: Aadhaar Card, Passport, Driving License, or any other valid government-issued ID along with address proof

• Address Proof: Submit any officially valid document showing your current address, such as: Aadhaar Card, Passport, Utility bill (electricity, water, etc.) 

• Age Proof: You may also use any of the following for age proof: Aadhaar or any other ID proof, Birth Certificate, School Leaving Certificate, or Board Certificate. 

After these documents are verified, your LIC FD Monthly Income Plan account will be opened successfully.

Final Thoughts

The LIC Housing Finance FD calculator is a great tool that can help you make decisions more quickly and easily. This tool has an easy-to-use interface that makes it better for users. To find out how much interest has built up and how much the loan will be worth when it matures, fill in the required fields.

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