Dhan Vriddhi Plan 869
Explore LIC’s Dhan Vriddhi Plan 869 – a single premium insurance-cum-investment plan with guaranteed returns. Know features, benefits, eligibility, investment examples, analyst insights, FAQs, and investor scenarios for 2025.
When it comes to wealth creation with security, most Indians still trust LIC (Life Insurance Corporation of India). Among its bouquet of guaranteed return schemes, the Dhan Vriddhi Plan (869) stands out as a single premium, non-linked, non-participating, individual savings life insurance plan.
This plan is designed for people who want guaranteed wealth growth without the stress of paying yearly or monthly premiums. You invest once, and LIC ensures life cover + maturity benefits.
In this article, we’ll break down the plan in simple language, highlight key benefits, provide real examples with numbers, and share analyst insights so you can decide if LIC Dhan Vriddhi 869 is the right choice for you.
What is LIC Dhan Vriddhi Plan 869?
LIC Dhan Vriddhi Plan 869 (Table No. 869) is a single premium insurance plan launched by LIC to combine investment growth with insurance coverage.
- Single Premium: Pay once, enjoy benefits throughout the policy term.
- Two Options for Sum Assured:
- Option 1 – Sum Assured = 1.25 times the single premium
- Option 2 – Sum Assured = 10 times the single premium
- Policy Term: 10, 15, or 18 years
- Guaranteed Maturity Benefit: Fixed maturity value declared at the time of purchase
- Rider Benefits: Accidental Death & Disability Rider, Critical Illness Rider, Term Assurance Rider
Key Features of LIC Dhan Vriddhi 869
- ✅ Single Premium Plan – Pay once, no further premiums required.
- ✅ Guaranteed Returns – Fixed amount at maturity (decided upfront).
- ✅ Life Insurance Cover – Protection against risk of death during policy term.
- ✅ Choice of Policy Term – 10, 15, or 18 years.
- ✅ Loan Facility – Available after 3 months.
- ✅ Rider Benefits – Enhance protection with optional riders.
- ✅ Tax Benefits – Under Sections 80C and 10(10D) of the Income Tax Act (conditions apply).
Eligibility Criteria (LIC Dhan Vriddhi Plan 869)
| Feature | Details |
|---|---|
| Minimum Entry Age | 90 days (Option 1), 8 years (Option 2) |
| Maximum Entry Age | 60 years (Option 1), 40 years (Option 2) |
| Policy Term | 10, 15, or 18 years |
| Minimum Premium | ₹1,25,000 |
| Maximum Premium | No limit |
| Premium Payment Mode | Single (lump sum) |
| Maturity Benefit | Guaranteed (decided at purchase) |
Example: Investment & Returns in LIC Dhan Vriddhi 869
Let’s take a practical example to understand.
- Policyholder Age: 35 years
- Premium Paid (Single): ₹5,00,000
- Policy Term: 15 years
- Option Chosen: Option 2 (Sum Assured = 10x Premium = ₹50,00,000)
Expected Outcome
| Particulars | Amount |
|---|---|
| Premium Paid | ₹5,00,000 |
| Sum Assured | ₹50,00,000 |
| Guaranteed Maturity Benefit | ₹8,10,000 (approx.) |
| Risk Cover (Life Insurance) | ₹50,00,000 (till policy term) |
👉 That means the investor’s ₹5 lakh grows to approx. ₹8.1 lakh in 15 years with life cover of ₹50 lakh throughout the policy.
Benefits of LIC Dhan Vriddhi Plan 869
1. Wealth Creation with Safety
Unlike risky investments, this plan offers guaranteed maturity value.
2. Life Protection
Family gets sum assured in case of unfortunate death.
3. Liquidity through Loan
Loan available after 3 months.
4. Riders for Extra Protection
Critical illness, accidental death riders make it more comprehensive.
5. Tax Benefits
- Premium paid eligible for Section 80C deduction.
- Maturity/death benefits tax-free under Section 10(10D) (subject to limits).
Analyst Opinions on LIC Dhan Vriddhi 869
Experts from the insurance sector highlight:
- For Conservative Investors: It is an excellent plan due to guaranteed returns.
- For Young Professionals: Option 2 (10x cover) is more suitable as it gives higher life cover + decent maturity returns.
- For Senior Citizens: Option 1 works better since they may focus more on guaranteed payout than large insurance cover.
Multiple Investor Scenarios
1. Young Professional (Age 28)
- Invests ₹3,00,000 (Single Premium)
- Policy Term: 18 years
- Option 2 chosen → Life cover = ₹30,00,000
- Maturity Value ~ ₹5,20,000
👉 Best for those who want long-term guaranteed growth + high cover.
2. Mid-Age Family Man (Age 40)
- Invests ₹7,00,000
- Policy Term: 15 years
- Option 2 → Life cover = ₹70,00,000
- Maturity Value ~ ₹11,20,000
👉 Ensures family protection + disciplined savings.
3. Senior Citizen (Age 58)
- Invests ₹10,00,000
- Policy Term: 10 years
- Option 1 → Life cover = ₹12,50,000
- Maturity Value ~ ₹15,30,000
👉 Suitable for those who want shorter horizon with safe returns.
Why Should You Choose LIC Dhan Vriddhi 869?
- Safe & reliable (backed by LIC).
- No stress of yearly premium payments.
- Transparency – Maturity value decided upfront.
- Combines insurance + investment.
- Best for conservative Indian investors who want security + guaranteed growth.
Frequently Asked Questions (FAQs)
Q1. Is LIC Dhan Vriddhi 869 good for tax savings?
Yes, premium qualifies for Section 80C deduction (up to ₹1.5 lakh). Maturity proceeds are also tax-free under Section 10(10D) if conditions are met.
Q2. What is the minimum investment amount?
₹1,25,000 (Single Premium).
Q3. Can I take a loan on this policy?
Yes, after 3 months of purchase.
Q4. What happens if the policyholder dies?
Nominee receives Sum Assured + Guaranteed Additions as per option chosen.
Q5. Which option is better – Option 1 or Option 2?
- Option 1 is better for senior investors.
- Option 2 is better for young professionals needing higher life cover.
Final Thoughts – Should You Invest?
The LIC Dhan Vriddhi Plan 869 is a perfect blend of security, savings, and insurance. For Indians who want a guaranteed return plan with single premium convenience, this is an excellent choice.
If you are young, go for Option 2 for higher insurance cover. If you are nearing retirement, Option 1 may work better.
In today’s world where stock markets are volatile, LIC Dhan Vriddhi 869 gives peace of mind with guaranteed growth.
👉 As analysts say, “This is not a high-return plan, but a high-security plan.”
