Investment Amount
Interest Rate
Total Interest Amount
Total Payout (Principal + Interest)
If you have substantial capital for investment, say ₹4 Crores, then fixed deposits can be a safe and lucrative option for assured returns. When you stay invested for a tenor of 5 years, an amount like ₹4 Crores could fetch you a monthly earning of ₹2.50 Lakhs at 7.50% p.a.
However, since most FD issuers offer competitive interest rates, it is crucial to carefully consider your options before making a decision. Knowing the interest per month on an FD of ₹4 Crores well in advance helps you choose a suitable issuer.
Here is an overview of the monthly interest income you could receive across different interest rates by investing ₹4 Crores in an FD for 5 years:
Deposit Amount |
Interest Rate (p.a.) |
Monthly Interest Payout |
₹4 Crores |
6.00% |
₹2,00,000 |
₹4 Crores |
6.50% |
₹2,16,667 |
₹4 Crores |
7.00% |
₹2,33,333 |
₹4 Crores |
7.50% |
₹2,50,000 |
₹4 Crores |
8.00% |
₹2,66,667 |
₹4 Crores |
8.50% |
₹2,83,333 |
₹4 Crores |
9.00% |
₹3,00,000 |
₹4 Crores |
9.50% |
₹3,16,667 |
₹4 Crores |
10.00% |
₹3,33,333 |
Note: The monthly interest payouts mentioned above are indicative, and your actual returns will vary depending on the issuer’s policies.
If you were to invest ₹4 Crores in an FD for 5 years, here is the potential monthly interest payout you could receive:
Bank/NBFC |
Non-senior Citizen (p.a.) |
Monthly Interest Payout |
Senior Citizen (p.a.) |
Monthly Interest Payout |
8.10% |
₹2,70,000 |
8.35% |
₹2,78,333 |
|
7.65% |
₹2,55,000 |
7.85% |
₹2,61,667 |
|
8.10% |
₹2,70,000 |
8.35% |
₹2,78,333 |
|
LIC Housing Finance |
7.50% |
₹2,50,000 |
7.50% |
₹2,50,000 |
8.47% |
₹2,82,333 |
8.97% |
₹2,99,000 |
|
ICICI Bank |
7.00% |
₹2,33,333 |
7.00% |
₹2,33,333 |
HDFC Bank |
7.00% |
₹2,33,333 |
7.50% |
₹2,50,000 |
IDFC First Bank |
7.25% |
₹2,41,667 |
7.75% |
₹2,58,333 |
Axis Bank |
7.20% |
₹2,40,000 |
7.20% |
₹2,40,000 |
IndusInd Bank |
7.10% |
₹2,36,667 |
7.70% |
₹2,56,667 |
7.25% |
₹2,41,667 |
8.00% |
₹2,66,667 |
|
Jana Small Finance Bank |
6.25% |
₹2,08,333 |
6.25% |
₹2,08,333 |
Kotak Mahindra Bank |
6.25% |
₹2,08,333 |
6.25% |
₹2,08,333 |
Note: The above-mentioned rates are subject to change at the issuer’s discretion.
Now that you know the interest per month on an FD of ₹4 Crores you could earn, choosing a suitable FD plan is simple. Investing in a fixed deposit not only ensures a steady income stream but it is also a hassle-free process. On Bajaj Markets, choose from multiple FD issuers and start your investment journey today.
Check the Monthly Interest Rate for Your Fixed Deposits |
||
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.
The interest earned from a fixed deposit of ₹4 Crores is taxable income under the Income Tax Act, 1961. It is added to your total income and taxed according to applicable income tax slab rates.
The TDS is deducted at 10% if the interest exceeds specified thresholds. It is currently ₹40,000 for regular individuals and ₹50,000 for senior citizens.
To open an FD account, you need various documents, including identity proof, address proof, KYC documents, income proof, and passport-sized photographs. However, banks or NBFCs may have their specific requirements.
The monthly interest on an FD of ₹4 Crores depends on the prevailing interest rate, which can vary. For instance, at an interest rate of 6% p.a., the monthly interest on an FD of ₹4 Crores for a 5-year tenor would be ₹2,00,000.
Penalties for premature withdrawal vary across banks and NBFCs. Typically, such withdrawals may incur a reduction in the interest rate or forfeiture of a portion of the interest earned. It is essential to review the terms and conditions of your FD agreement to understand the specific penalties.
Yes, you can reinvest the monthly interest earned from your fixed deposit of ₹4 Crores. Reinvesting allows you to maximise returns by earning compound interest on your initial investment. You can choose to reinvest it in the same FD or explore other investment options based on your financial goals.
Monthly interest payouts from an FD provide a regular income stream, assisting in meeting recurring expenses or supplementing income. Additionally, they offer financial stability and liquidity. It is essential to assess your cash flow needs and long-term financial goals to determine if monthly interest payouts align with your objectives.