Monthly Interest Payout for an FD of ₹35 Lakhs

Unlike cumulative FDs that offer earnings at maturity, non-cumulative FDs provide monthly payouts and offer a steady source of income. This can be a welcome addition to your finances when you have recurring expenses to fulfil. 

With some issuers offering interest rates of up to 9% p.a., the monthly interest on an FD of ₹35 Lakhs could come to ₹26,250 when booked for 5 years. Opting for an investment with regular payouts could help build financial security over time. 

Along with factors like the tenor and the investment amount, the passive income you earn on an FD depends on the interest rates. With a higher rate, you could receive a sizable amount as the monthly payout.

Refer to the following table to find out the monthly interest paid out on an FD of ₹35 Lakhs for 5 years across different interest rates:

Note: The monthly interest payouts mentioned above are indicative in nature; the exact returns will depend on the issuer’s policies.

To maximise your payouts, start an FD with an issuer who offers the highest interest rates. The table below indicates the amount you could earn as interest per month on a fixed deposit of ₹35 Lakhs over 5 years from different issuers:  

Note: The above-mentioned rates are subject to change at the issuer’s discretion.

Keeping in mind the potential returns you can receive on an FD of ₹35 Lakhs, book a scheme offering the highest rate on Bajaj Markets. The process is hassle-free and you can complete it entirely online. 

Use the FD calculator to determine the returns you could earn on your investment and make an informed decision.

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.