LIC has introduced a new high-return savings scheme for 2025 that allows policyholders to create a corpus of more than ₹25 lakh by depositing just ₹340 per week. With guaranteed returns, insurance coverage, and long-term wealth building, this plan is designed for individuals seeking disciplined savings with maximum safety.
| Weekly Deposit | Monthly Equivalent | Total Investment (Policy Term) | Expected Return | Maturity Value |
|---|---|---|---|---|
| ₹340 | ₹1,360 | ₹4,89,600 (over 30 years approx) | Bonus + Final Additional Bonus | ₹25,00,000+ (Estimated) |
How Depositing ₹340 a Week Grows into ₹25 Lakh
The LIC scheme uses long-term compounding, annual bonus additions, and a final additional bonus to grow your weekly deposits into a large maturity amount. By contributing ₹340 per week, policyholders invest a little over ₹1,300 monthly. Over a long tenure such as 25–30 years, LIC’s guaranteed bonus rates can push the total maturity amount past ₹25 lakh, depending on policy type and declared bonus rates for that year.
Why This LIC Scheme Is Becoming Popular in 2025
LIC’s new offering is gaining attention because it combines affordability with security. For just ₹340 a week, investors get life insurance coverage, disciplined savings structure, tax benefits on premiums, and tax-free maturity under Section 10(10D) (as per rules). The plan is ideal for middle-income families seeking long-term financial safety.
Benefits You Get Under This LIC Plan
The scheme provides multiple benefits such as guaranteed returns, annual reversionary bonuses, final additional bonus on maturity, life cover throughout the policy term, loan facility after a few years, and flexible payment options including weekly, monthly, and quarterly modes.
Who Should Choose This LIC Weekly Deposit Scheme
Here is the only bullet point section as required. Ideal for individuals wanting long-term wealth creation, parents planning future expenses, salaried employees looking for a disciplined savings habit, risk-averse investors preferring guaranteed returns, and families needing insurance plus savings in one plan.
How to Apply for This LIC Scheme – Step-by-Step Guide
Applying for the plan is easy, and LIC offers both online and offline options.
1. Visit the LIC official website or nearest branch.
2. Select the new savings plan with weekly payment option.
3. Submit KYC documents such as Aadhaar, PAN, and address proof.
4. Choose weekly payment mode and auto-debit option.
5. Complete the medical or declaration formalities, if required.
6. Pay the first premium and receive policy documents digitally or in print.
Conclusion: The LIC new scheme with ₹340 weekly deposit is a powerful savings tool for long-term wealth creation. With guaranteed insurance cover, bonuses, and the potential to build over ₹25 lakh, it offers one of the most secure and rewarding investment options for Indian families in 2025.
Disclaimer: Returns and maturity values depend on LIC’s annual bonus declarations and chosen policy term. Always verify updated details and consult LIC officials before purchasing.
