Monthly Interest for ₹10 Crore FD

If you are an individual who has a significant amount of idle funds available, then opting for Fixed Deposits (FD) can be quite useful for you. This can allow you to securely grow your wealth at a predetermined rate of interest and over a period as per your requirement. 

By depositing a sum of around ₹10 Crores, you can earn monthly returns of up to ₹5.8 Lakhs over a period of 5 years at an interest rate of 7% p.a. This can thereby serve as a steady stream of income for all your regular and planned expenses over the course of time. These can pertain to hospitalisation, education, weddings, or purchases of properties, etc. 

Read on to learn more about the monthly interest payout on ₹10 Crore FD at different rates of interest and across different banks and NBFCs.

The table below indicates the monthly interest payout on a ₹10 Crore fixed deposit you could earn across different banks and NBFCs for a tenor of 5 years:

Here is an estimate of the monthly interest payout you would receive on a ₹10 Crore fixed deposit -

Here are some of the reasons why opting for monthly interest payout on FDs can be beneficial for you:

• Provides a regular source of income

• Offers liquidity with access to your monthly interest earnings each month

• Tax liability is spread over the duration of the investment, potentially reducing the impact of taxation

• Option to reinvest the interest in other investment options or allow it to accumulate in a savings account

• Serves as a source of readily available funds for unexpected expenses

Now that you have a better understanding of the estimated returns you can earn on a ₹10 Crore FD, choose from your preferred issuer and get started with an FD today!

You can also make use of the FD interest calculator to determine the potential returns you could earn on your fixed deposit investment.