LIC Housing Finance
CRISIL: AAA/StableBank Overview
Credit Ratings
Fixed Deposit (FD) Interest Rates
| TENURE | General | Senior |
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Frequently Asked Questions
Quick answers to the most common questions about LIC Housing Finance accounts.
As of August 2026, LIC Housing Finance offers up to 6.90% p.a. on Fixed Deposits and up to 0.00% p.a. on Savings Accounts based on the balance slabs maintained.
LIC Housing Finance is an NBFC. NBFC deposits are NOT covered by DICGC insurance but are rated by credit agencies like CRISIL/CARE/ICRA.
The minimum tenure for a fixed deposit with LIC Housing Finance starts from 1 Year. Senior citizens receive an additional interest rate benefit of up to 0.25% p.a. over general citizen rates.
Yes, interest earned on deposits is taxable. Savings account interest is tax-free up to ₹10,000 per year (₹50,000 for senior citizens) under Section 80TTA/80TTB. FD interest is fully taxable, and TDS is deducted at 10% if interest exceeds ₹40,000 (₹50,000 for senior citizens) in a financial year.