Monthly Interest Payout for a Fixed Deposit of ₹1.5 Crores

Fixed deposits present a lucrative opportunity for investors who have a large corpus available since they can take advantage of flexible interest payouts. By investing ₹1.5 Crores in an FD with a monthly interest payout option, you could utilise the returns to fulfil certain financial obligations. 

However, it’s important to compare the interest per month on an FD of ₹1.5 Crores offered by trusted FD issuers before booking a fixed deposit. This could help you choose an issuer that offers the most lucrative returns.

Here is a breakdown of the monthly interest payout you could receive for an FD of ₹1.5 Crores across different interest rates for a 5-year tenor: 

See the below table to understand how the monthly interest on an FD of ₹1.5 Crores varies across issuers and the interest rates they offer: 

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.