By investing a substantial amount like ₹15 Crores in an FD, you could explore a wide range of new financial opportunities. The monthly interest payout option isn't just a way to accrue returns; it serves as a financial lifeline and addresses diverse needs. Imagine it as a reliable source for funding current lifestyle expenses, managing ongoing bills, or even planning for a dream vacation. 

 

This flexibility ensures that the investment actively contributes to an investor's evolving financial goals. Considering inflation, this approach takes on added significance, especially from a retirement perspective. The monthly payout ensures a stable income stream, creating a financial cushion to counter the impact of rising living costs during retirement years.

 

But before you make any decision in haste, it’s important to assess the interest rates offered by various FD issuers in the market. 

Deposit Amount
Tenure
Months
Interest Rate
%
Interest Payout
Your Total Maturity Amount is
Your Total Maturity Amount is
Total Investment
Total Interest Earned

Monthly Interest Payout on a ₹15 Crores Fixed Deposit

By investing ₹15 Crores in a 5-year FD, here are the different monthly interest payouts you may receive based on the interest rates offered by certain issuers: 

Bank/NBFC/HFC

Non-senior Citizen (p.a.)

Monthly Interest Payout

Senior Citizen (p.a.)

Monthly Interest Payout

Bajaj Finance Ltd.

8.05%

₹10,06,250

8.30%

₹10,37,500

PNB Housing Finance Ltd.

7.65%

₹9,56,250

7.95%

₹9,93,750

Mahindra Finance Ltd.

8.05%

₹10,06,250

8.30%

₹10,37,500

LIC Housing Finance

7.75%

₹9,68,750

8.00%

₹10,00,000

Shriram Finance

8.27%

₹10,33,750

8.77%

₹10,96,250

AU Small Finance Bank

7.25%

₹9,06,250

7.75%

₹9,68,750

ICICI Bank

7.00%

₹8,75,000

7.50%

₹9,37,500

HDFC Bank

7.00%

₹8,75,000

7.50%

₹9,37,500

IDFC First Bank

7.00%

₹8,75,000

7.50%

₹9,37,500

Axis Bank

7.00%

₹8,75,000

7.75%

₹9,68,750

IndusInd Bank

7.25%

₹9,06,250

7.75%

₹9,68,750

YES Bank

7.25%

₹9,06,250

8.00%

₹10,00,000

Jana Small Finance Bank

7.25%

₹9,06,250

7.75%

₹9,68,750

Kotak Mahindra Bank

6.25%

₹7,81,250

6.75%

₹8,43,750

*Disclaimer: The above-listed interest rates are subject to change at the issuer’s discretion.

Monthly Interest Income on a ₹15 Crores Fixed Deposit

To better understand how much monthly interest income you can expect from a ₹15 Crore FD of 5 years, take a look at the below interest rates: 

Deposit Amount

Interest Rate (p.a.)

Monthly Interest Payout

₹15 Crores

6.00%

₹7,50,000

₹15 Crores

6.50%

₹8,12,500

₹15 Crores

7.00%

₹8,75,000

₹15 Crores

7.50%

₹9,37,500

₹15 Crores

8.00%

₹10,00,000

₹15 Crores

8.50%

₹10,62,500

₹15 Crores

9.00%

₹11,25,000

₹15 Crores

9.50%

₹11,87,500

₹15 Crores

10.00%

₹12,50,000

Now that you have a better understanding of the monthly interest income you may receive, consider booking a fixed deposit today. The monthly payout is more than a source of returns, acting as a financial lifeline and adapting to various needs. 

 

In the context of rising living costs due to inflation, this approach takes on added significance, especially for retirees. It ensures a stable income stream, creating a resilient financial cushion.

Disclaimer

The information provided by BFDL herein above is related to the Non-Partnered Banks/ NBFCs and is just for the purpose of information and under no circumstances the information provided hereinabove is intended to be source of advice or recommending any financial investment advice or endorsement of any sort. 

The information including interest rates with regard to fixed deposit, provided on this website is gathered through publicly available sources over the internet and is considered as accurate and reliable to the best of our knowledge. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers by the Non-Partnered Banks. The use of 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. You are advised to visit/ contact the respective Banks/ NBFCs to verify the information before making any investment or opening an account. Further, BFDL does not undertake any responsibility or liability to update this information. YOU ARE SOLELY RESPONSIBLE FOR ANY LIABILITY OR DAMAGE YOU INCUR THROUGH ACCESS TO OR USE OF THE SITE OR SUCH INFORMATION OR MATERIALS EXCEPT WHERE THE LAWS AND REGULATIONS OF A PARTICULAR JURISDICTION CONCERNING WARRANTIES CANNOT BE WAIVED. Additionally, display of any trademarks, tradenames, logo and other subject matters of intellectual property owners. Display of such Intellectual Property along with the related product information does not imply BFDL’s partnership with the owner of the Intellectual Property of such products. 

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