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.

Deposit Amount

Interest Rate

Tenure

Months

Interest Payout

At Maturity
At Maturity
Monthly
Quaterly
Half Yearly
Yearly

Invest Amount

Interest Rate

Total Interest Amount

Total Payout Principal + Interest

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Monthly Interest Income on an FD of ₹30 Crores

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.

Monthly Payouts from Different Banks/NBFCs

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.

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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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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