LIC Housing Deposit Rates

CUMULATIVE / NON-CUMULATIVE SCHEME

 

TERM	INTEREST RATE P.A.	Rs.10,000/- will become  (cumulative mode)
1 YEAR	9.60%	Rs. 10,983/-
18 MONTHS	10.00%	Rs. 11,576/-
2 YEARS	10.00%	Rs. 12,155/-
3 YEARS	10.00%	Rs. 13,401/-
5 YEARS	9.50%	Rs.15,905/-

                     

    Minimum Amount Deposit – Rs.10,000/-  Additional Deposit in multiples of Rs. 1,000/-

 

   Under Non-Cumulative Option: Interest payment half yearly on 30^th September and  

                                                           31^st March                                       

   Under Cumulative Option       :  Interest compounded Half Yearly

 

For Senior Citizens: 1. Additional Interest @ 0.10% p.a will be paid on Deposits up to Rs.50,000/- and

                                    2.  0.25% will be paid on Deposits for Rs.51,000/-  and above for all terms. 

 

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