Investing ₹6 Crores in a fixed deposit offers financial prudence, especially when considering the monthly interest payout option. In sight of the present state of inflation, this strategy provides a stable income, aiding effective budget management. 

 

However, it's imperative for investors to diligently compare FD interest rates offered by various issuers before making a decision. This careful evaluation ensures optimal returns and aligns with a strategic approach to wealth preservation and consistent income amidst economic fluctuations.

Deposit Amount
Tenure
Months
Interest Rate
%
Interest Payout
Your Total Maturity Amount is
Your Total Maturity Amount is
Total Investment
Total Interest Earned

Monthly Interest Payout on a ₹6 Crore Fixed Deposit

Explore different monthly interest payouts you could earn upon investing ₹6 Crores in an FD for 5 years through the below-listed issuers: 

Bank/NBFC/HFC

Non-senior Citizen (p.a.)

Monthly Interest Payout

Senior Citizen (p.a.)

Monthly Interest Payout

Bajaj Finance Ltd.

8.05%

₹4,02,500

8.30%

₹4,15,000

PNB Housing Finance Ltd.

7.65%

₹3,82,500

7.95%

₹3,97,500

Mahindra Finance Ltd.

8.05%

₹4,02,500

8.30%

₹4,15,000

LIC Housing Finance

7.75%

₹3,87,500

8.00%

₹4,00,000

Shriram Finance

8.27%

₹4,13,500

8.77%

₹4,38,500

AU Small Finance Bank

7.25%

₹3,62,500

7.75%

₹3,87,500

ICICI Bank

7.00%

₹3,50,000

7.50%

₹3,75,000

HDFC Bank

7.00%

₹3,50,000

7.50%

₹3,75,000

IDFC First Bank

7.00%

₹3,50,000

7.50%

₹3,75,000

Axis Bank

7.00%

₹3,50,000

7.75%

₹3,87,500

IndusInd Bank

7.25%

₹3,62,500

7.75%

₹3,87,500

YES Bank

7.25%

₹3,62,500

8.00%

₹4,00,000

Jana Small Finance Bank

7.25%

₹3,62,500

7.75%

₹3,87,500

Kotak Mahindra Bank

6.25%

₹3,12,500

6.75%

₹3,37,500

*Disclaimer: The above-mentioned interest rates are subject to change as per the issuer’s policy.

Monthly Interest Income on a ₹6 Crore Fixed Deposit

The monthly interest income depends on the FD interest rate offered for your preferred tenor. Here’s how much monthly interest payout you could receive after investing ₹6 Crores for a 5-year tenor: 

Deposit Amount

Interest Rate (p.a.)

Monthly Interest Payout

₹6 Crores

6.00%

₹3,00,000

₹6 Crores

6.50%

₹3,25,000

₹6 Crores

7.00%

₹3,50,000

₹6 Crores

7.50%

₹3,75,000

₹6 Crores

8.00%

₹4,00,000

₹6 Crores

8.50%

₹4,25,000

₹6 Crores

9.00%

₹4,50,000

₹6 Crores

9.50%

₹4,75,000

₹6 Crores

10.00%

₹5,00,000

In conclusion, opting for the monthly interest payout on a fixed deposit, especially with a substantial investment like ₹6 Crores, is a prudent financial strategy. This choice provides investors with a steady and predictable income stream, enhancing liquidity while maintaining the security of their substantial corpus. 

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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