While contemplating investment options for a hefty sum like ₹30 Crores, fixed deposits emerge as a prudent choice when weighed against other avenues. This strategic move offers a blend of stability, predictability, and versatility. Unlike volatile investment instruments, FDs ensure a secure environment, safeguarding the invested amount from market fluctuations.
The benefits of an FD extend beyond the traditional concept of wealth preservation; it becomes a powerful tool for both short-term and long-term financial goals. To fully utilise the benefits of an FD, it’s best to compare the interest rates offered by different FD issuers for your preferred tenor.
Based on the interest rates offered by the below issuers, here’s how much monthly interest payout you may receive on a ₹30 Crore FD of 5 years:
Bank/NBFC/HFC |
Non-senior Citizen (p.a.) |
Monthly Interest Payout |
Senior Citizen (p.a.) |
Monthly Interest Payout |
Bajaj Finance Ltd. |
8.05% |
₹ 20,12,500 |
8.30% |
₹ 20,75,000 |
PNB Housing Finance Ltd. |
7.65% |
₹ 19,12,500 |
7.95% |
₹ 19,87,500 |
Mahindra Finance Ltd. |
8.05% |
₹ 20,12,500 |
8.30% |
₹ 20,75,000 |
LIC Housing Finance |
7.75% |
₹ 19,37,500 |
8.00% |
₹ 20,00,000 |
Shriram Finance |
8.27% |
₹ 20,67,500 |
8.77% |
₹ 21,92,500 |
AU Small Finance Bank |
7.25% |
₹ 18,12,500 |
7.75% |
₹ 19,37,500 |
ICICI Bank |
7.00% |
₹ 17,50,000 |
7.50% |
₹ 18,75,000 |
HDFC Bank |
7.00% |
₹ 17,50,000 |
7.50% |
₹ 18,75,000 |
IDFC First Bank |
7.00% |
₹ 17,50,000 |
7.50% |
₹ 18,75,000 |
Axis Bank |
7.00% |
₹ 17,50,000 |
7.75% |
₹ 19,37,500 |
IndusInd Bank |
7.25% |
₹ 18,12,500 |
7.75% |
₹ 19,37,500 |
YES Bank |
7.25% |
₹ 18,12,500 |
8.00% |
₹ 20,00,000 |
Jana Small Finance Bank |
7.25% |
₹ 18,12,500 |
7.75% |
₹ 19,37,500 |
Kotak Mahindra Bank |
6.25% |
₹ 15,62,500 |
6.75% |
₹ 16,87,500 |
*Disclaimer: These interest rates are subject to change at the issuer’s discretion.
On investing ₹30 Crores in an FD for a 5-year tenor, here’s the monthly interest income you may receive across different interest rates:
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 |
With this new information, consider the peace of mind that comes with knowing your substantial investment is shielded from the unpredictability of markets. On Bajaj Markets, explore fixed deposits from multiple issuers and compare the interest rates they offer for your desired investment tenor. The FD booking process is simple and can be completed entirely online.
Check the Monthly Interest Rate on Your Fixed Deposits |
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