Investing ₹12 Crores in an FD with a monthly interest payout opens avenues for substantial financial benefits. This strategic move isn't just about growing your wealth; it's a tool for diverse financial needs.
Whether funding lifestyle expenses, managing regular bills, or creating a stable income stream, the monthly payout option ensures flexibility and predictability. Choosing this approach lets investors create a strategy aligned with their lifestyle, offering a reliable solution for navigating the dynamic economic landscape with a significant investment.
However, before making such money moves, it’s crucial to compare the competitive interest rates offered by FD issuers.
Take a look at the different monthly interest payout you may receive after investing ₹12 Crores in an FD for a 5-year tenor:
Bank/NBFC/HFC |
Non-senior Citizen (p.a.) |
Monthly Interest Payout |
Senior Citizen (p.a.) |
Monthly Interest Payout |
Bajaj Finance Ltd. |
8.05% |
₹8,05,000 |
8.30% |
₹8,30,000 |
PNB Housing Finance Ltd. |
7.65% |
₹7,65,000 |
7.95% |
₹7,95,000 |
Mahindra Finance Ltd. |
8.05% |
₹8,05,000 |
8.30% |
₹8,30,000 |
LIC Housing Finance |
7.75% |
₹7,75,000 |
8.00% |
₹8,00,000 |
Shriram Finance |
8.27% |
₹8,27,000 |
8.77% |
₹8,77,000 |
AU Small Finance Bank |
7.25% |
₹7,25,000 |
7.75% |
₹7,75,000 |
ICICI Bank |
7.00% |
₹7,00,000 |
7.50% |
₹7,50,000 |
HDFC Bank |
7.00% |
₹7,00,000 |
7.50% |
₹7,50,000 |
IDFC First Bank |
7.00% |
₹7,00,000 |
7.50% |
₹7,50,000 |
Axis Bank |
7.00% |
₹7,00,000 |
7.75% |
₹7,75,000 |
IndusInd Bank |
7.25% |
₹7,25,000 |
7.75% |
₹7,75,000 |
YES Bank |
7.25% |
₹7,25,000 |
8.00% |
₹8,00,000 |
Jana Small Finance Bank |
7.25% |
₹7,25,000 |
7.75% |
₹7,75,000 |
Kotak Mahindra Bank |
6.25% |
₹6,25,000 |
6.75% |
₹6,75,000 |
*Disclaimer: The above interest rates are subject to change at the FD issuer’s discretion.
Here are various monthly interest payouts you might receive based on a range of interest rates for a 5-year tenor:
Deposit Amount |
Interest Rate (p.a.) |
Monthly Interest Payout |
₹12 Crores |
6.00% |
₹6,00,000 |
₹12 Crores |
6.50% |
₹6,50,000 |
₹12 Crores |
7.00% |
₹7,00,000 |
₹12 Crores |
7.50% |
₹7,50,000 |
₹12 Crores |
8.00% |
₹8,00,000 |
₹12 Crores |
8.50% |
₹8,50,000 |
₹12 Crores |
9.00% |
₹9,00,000 |
₹12 Crores |
9.50% |
₹9,50,000 |
₹12 Crores |
10.00% |
₹10,00,000 |
In conclusion, opting for a monthly interest payout while investing ₹12 Crores in an FD is a dynamic strategy. This choice provides investors with a versatile tool to fund various expenses. It's a solution that adapts to changing economic landscapes, offering both reliability and convenience.
By actively aligning with investors' lifestyles and necessities, this approach transforms a significant investment into a proactive resource for long-term financial well-being. On Bajaj Markets, browse FDs from multiple issuers and easily book one online today!
Check the Monthly Interest Rate on Your Fixed Deposits |
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