Investment Amount
Interest Rate
Total Interest Amount
Total Payout (Principal + Interest)
The tenor and the interest rate you get does impact the earnings you receive when you invest ₹50,000 in a fixed deposit (FD). For instance, over 2 years, with an interest rate of 9% p.a., you can earn around ₹166 each month. If you need a higher payout, consider a longer tenor or pick an issuer that offers a better rate.
Here is a breakdown of the monthly income you can receive on investing ₹50,000 in a fixed deposit with a tenor of 5 years:
Deposit Amount |
Interest Rate (p.a.) |
Monthly Interest Payout |
₹50,000 |
6.00% |
₹250 |
₹50,000 |
6.50% |
₹270 |
₹50,000 |
7.00% |
₹291 |
₹50,000 |
7.50% |
₹312 |
₹50,000 |
8.00% |
₹333 |
₹50,000 |
8.50% |
₹354 |
₹50,000 |
9.00% |
₹375 |
₹50,000 |
9.50% |
₹395 |
₹50,000 |
10.00% |
₹416 |
Note: The monthly payouts mentioned above are indicative, and it is imperative to check your actual returns before investing.
As the rates offered by issuers vary, it is vital that you compare before you invest ₹50,000 in a fixed deposit. Here are the earnings you can expect from top issuers over a tenor of 5 years:
Bank/NBFC/HFC |
Non-Senior Citizen (p.a.) |
Monthly Interest Payout |
Senior Citizen (p.a.) |
Monthly Interest Payout |
7.81% |
₹325 |
8.05% |
₹335 |
|
7.39% |
₹307 |
7.59% |
₹316 |
|
7.55% |
₹314 |
7.80% |
₹325 |
|
LIC Housing Finance Ltd |
7.50% |
₹312 |
7.75% |
₹322 |
8.47% |
₹352 |
8.97% |
₹373 |
|
ICICI Bank |
7.00% |
₹291 |
7.50% |
₹312 |
HDFC Bank |
7.00% |
₹291 |
7.50% |
₹312 |
IDFC First Bank |
7.00% |
₹291 |
7.50% |
₹312 |
Axis Bank |
7.00% |
₹291 |
7.75% |
₹322 |
IndusInd Bank |
7.25% |
₹302 |
7.75% |
₹322 |
7.25% |
₹302 |
8.00% |
₹333 |
|
Jana Small Finance Bank |
7.25% |
₹302 |
7.75% |
₹322 |
Kotak Mahindra Bank |
6.20% |
₹258 |
6.70% |
₹279 |
SBI |
6.50% |
₹270 |
7.50% |
₹312 |
AU Small Finance Bank |
7.21% |
₹300 |
7.70% |
₹320 |
7.20% |
₹ 300 |
7.70% |
₹320 |
Note: The above-mentioned rates are subject to change at the discretion of the issuer.
Since these rates may vary, it's best to compare them on Bajaj Markets and pick an FD offering the highest rates. The entire process is quick and simple, which you can complete from the comfort of your home.
Check the Monthly Interest Rate for Your Fixed Deposits |
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The information provided by BFDL is related to the rates provided by Banks and Deposit taking NBFCs as available from public domain and under no circumstances is intended to be source of advice or recommendation of any financial investment advice or endorsement of any sort. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers and use of such information set out is entirely at the User’s own risk and User should exercise due care prior taking of any decision, on the basis of information mentioned hereinabove. Display of any intellectual property along with the related product information does not imply BFDL’s partnership with the owner of the intellectual property of such products and is solely for the purpose of information, unless otherwise provided by BFDL.
You can calculate the interest on ₹50,000 by using the simple interest formula, i.e., (P x R X T) ÷ 100. Here, P is the principal amount, R is the interest rate, and T is the tenor in years.
Yes, the bank will deduct 10% TDS from the interest earned on an FD if it exceeds ₹40,000 in a year. However, the exemption limit for senior citizens is ₹50,000.
Yes, the issuer may levy a penalty if you prematurely withdraw from your fixed deposit. However, the amount and form of penalty depend on the issuer’s terms and conditions.
If you do not renew the FD, the issuer will credit the principal and interest earned into your bank account.