Earn interest up to 8.10% p.a. by investing in a Bajaj Finance Fixed Deposit | Rated CRISIL AAA/ STABLE and [ICRA]AAA(stable)

A fixed deposit investment allows you to get assured returns along with ensured interest income on your invested amount. You can opt for receiving the FD interest income at maturity or on a recurring monthly, quarterly, or yearly basis.


 An FD of ₹5 Crores is one of the best investments that can take care of your day-to-day expenses. The monthly interest for ₹5 Crores fixed deposit is offered in the range of around 3% to 6% per annum by the banks, depending on the tenor of the investment, while NBFCs offer slightly higher rates. Senior citizens are offered a higher rate of 0.25% to 0.50% oninterest rates on fixed deposits. To know about the monthly interest for ₹5 Crores fixed deposit you may refer to the table below of several banks and NBFCs offering attractive monthly interest for ₹5 Crores fixed deposit .

Interest Rates Offered by NBFCs on a ₹5 Crores Fixed Deposit  


Interest Rates

Monthly Interest Amount

Maturity Amount (FD for 5 years)

Bajaj Finance




PNB Housing Finance




Mahindra Finance




Disclaimer: The aforementioned NBFC FD interest rates are applicable for a tenor of 5 years are valid as of 20th January 2023, and may be subject to change as per bank announcements.

Interest Rates Offered by Banks on a ₹5 Crores Fixed Deposit


Interest Rates

Monthly Interest Amount

Maturity Amount (FD for 5 years)

State Bank of India




Punjab National Bank








Axis Bank








Bank of India




Disclaimer: The aforementioned Bank FD interest rates are valid as of 22 December 2022, and may be subject to change as per bank announcements.

Check the Monthly Interest Rates on your Fixed Deposits


  • ✔️Is premature withdrawal allowed on my ₹5 Crores FD?

    Yes, you can withdraw an amount from your ₹5 crore FD prematurely. However, you will be charged a penalty fee for withdrawing the amount prematurely. Generally, the amount charged by the bank as penalty for premature withdrawal ranges from 0.50% to 1.00 % of the interest.

  • ✔️How can I extend my ₹5 Crores FD?

    You can extend your ₹5 Crores FD when it reaches a period of maturity. You can also opt for an auto-renewal feature for your ₹5 Crores FD where the bank itself automatically renews your ₹5 Crores fixed deposit for the same term and interest rate upon maturity.

  • ✔️What is the senior citizen benefit on ₹5 Crores fixed deposit?

    While you will enjoy attractive interest rate benefits on a ₹5 Crores fixed deposit plan, a senior citizen will be offered heavy interest rates by banks and NBFCs offering FD interest rates of 2.55-8.50% p.a. to senior citizens on a term period ranging from 7 days to 10 years. Most banks and NBFCs offer an additional interest rate for senior citizens of 50 bps over the regular fixed deposit interest rates. 

  • ✔️How to calculate interest on ₹5 Crores FD?

    You can simply calculate the monthly interest on ₹5 Crores fixed deposit by using the free Fixed Deposit Calculator. The calculator helps you to instantly know the interest amount on your ₹5 Crores fixed deposit along with maturity amount. You may follow the given steps below to calculate interest on your ₹5 Crores fixed deposit: 


    • Select the customer type. You will receive the options of senior citizens and non-senior citizens.

    • Select the FD type. You can choose either a cumulative or a non-cumulative FD.

    • Now enter your deposit amount.

    • You can now select your desired investment tenor, ranging from 12 months to 60 months.

    • The online calculator will now display the interest earned and the total amount on maturity.

    Alternatively, you can also calculate the fixed interest rate by using the mathematical formula:


    M= P + P {(1 + i/100) t – 1}, where P stands for the principal amount, i stands for the rate of interest per period and t stands for the tenor. 

  • ✔️What is the eligibility criteria for ₹5 Crores fixed deposit?

    The eligibility criteria for opening a ₹5 Crores fixed deposit is mentioned below: 


    Primary age of the applicant who wishes to open a fixed deposit of ₹5 Crores should be of 18 years of age or above.Only Indian residents are eligible to open a fixed deposit account with Indian financial institutions. Further, both salaried individuals and self-employed individuals are eligible to open a fixed deposit of ₹5 Crores.

  • ✔️What documents are required for ₹5 Crores FD?

    While you have to submit a driving licence, Aadhar card, Voter’s ID card or a Government-issued ID card to prove your identity, you will also have to submit electricity bill, telephone bill or passport for address proof. In the case of a non-individual you will have to submit Registration/Incorporation certificate, Memorandum or Articles of Association, Board resolution for opening FD, Partnership deed, HUF deed and a recent bank account statement.