Monthly Interest Payout on an FD of ₹30 Crores
Investment Amount
Interest Rate
Total Interest Amount
Total Payout (Principal + Interest)
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When you book a 5-year fixed deposit of ₹30 Crores, you could get monthly payouts ranging from ₹15,00,000 to ₹25,00,000. This amount depends on the fixed deposit interest rate. However, in case you booked your deposit for a different tenor, the payout amount may be different.
Make sure you compare the fixed deposit interest rates and check for special tenor facilities, if any, before you invest.
To enjoy assured returns, choose an FD with the highest rate. Here is a snapshot of the monthly interest payouts for the same amount, across different interest rates when investing for a 5-year tenor.
Deposit Amount |
Interest Rate (p.a.) |
Monthly Interest Payout |
₹30 Crores |
6.00% |
₹15,00,000 |
₹30 Crores |
6.50% |
₹16,25,000 |
₹30 Crores |
7.00% |
₹17,50,000 |
₹30 Crores |
7.50% |
₹18,75,000 |
₹30 Crores |
8.00% |
₹20,00,000 |
₹30 Crores |
8.50% |
₹21,25,000 |
₹30 Crores |
9.00% |
₹22,50,000 |
₹30 Crores |
9.50% |
₹23,75,000 |
₹30 Crores |
10.00% |
₹25,00,000 |
Note: The interest payouts mentioned above are indicative, and your returns may vary depending on the issuer’s policies.
Apart from the tenor, FD interest rates also depend on the financial institution you choose. Make sure to compare the returns from various issuers before investing.
Here is a table showing interest payout from different issuers on an FD of ₹30 Crores booked for 5 years:
Bank/NBFC/HFC |
Non-senior Citizen (p.a.) |
Monthly Interest Payout |
Senior Citizen (p.a.) |
Monthly Interest Payout |
LIC Housing Finance |
7.50% |
₹18,75,000 |
7.50% |
₹18,75,000 |
ICICI Bank |
7.00% |
₹17,50,000 |
7.00% |
₹17,50,000 |
HDFC Bank |
7.00% |
₹17,50,000 |
7.00% |
₹17,50,000 |
IDFC First Bank |
7.30% |
₹18,25,000 |
7.30% |
₹18,25,000 |
Axis Bank |
7.00% |
₹17,50,000 |
7.50% |
₹18,75,000 |
IndusInd Bank |
7.25% |
₹18,12,500 |
7.25% |
₹18,12,500 |
Kotak Mahindra Bank |
6.25% |
₹15,62,500 |
6.25% |
₹15,62,500 |
Note: The above-mentioned interest rates are subject to change at the issuer’s discretion.
On planning the amount and tenor, and choosing the issuer, invest online through a simple digital process with minimal formalities.
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.
FAQs on Monthly Payouts on an FD of ₹30 Crores
What are the tax implications on the interest earned from an FD of ₹30 Crores?
Issuers must deduct TDS on FD interest if the annual total exceeds ₹40,000 (₹50,000 for senior citizens). The TDS rate is 10% if your PAN details are provided and 20% if not.
How can I calculate the monthly interest on an FD of ₹30 Crores?
You can calculate the monthly interest using the following formula:
Monthly Interest = (Principal Amount * Interest Rate * Tenor in Months) / (12 * 100)
Alternatively, you can use an FD calculator and quickly compute the returns. This online tool provides an estimate of your returns once you enter the loan amount, tenor, and interest rate.
What documents are required to open a fixed deposit account of ₹30 Crores?
The documents may vary depending on the bank or NBFC. However, you generally need to submit an Aadhaar Card, PAN Card, address proof, income proof, and other KYC documents.
What is the potential monthly interest on an FD of ₹30 Crores?
The monthly interest depends on the rate offered by the issuer and the chosen tenor. For example, with an 8% interest rate and a 2-year tenor, the monthly interest is approximately ₹20 Lakhs.
Are there any penalties for premature withdrawal of an FD of ₹30 Crores with monthly interest payouts?
Yes. However, the penalty amount depends on the issuer and the remaining tenor of the FD.
Can I reinvest the monthly interest earned from my FD of ₹30 Crores?
You can reinvest your monthly interest payouts by choosing to receive your returns at maturity. This allows you to enjoy the benefits of compounding. Moreover, you can book a new FD with the interest income you receive each month. By laddering your investment, you can access liquidity at chosen intervals.
What are the benefits of opting for monthly interest payouts on a ₹30 Crore FD?
One significant advantage is that the fixed interest payout every month can help you manage regular expenses. The monthly interest also offers liquidity by providing regular access to funds without breaking the entire FD.
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