Investing ₹8 Crores in a fixed deposit (FD) is a prudent money move since it could give you a steady income upon choosing the monthly interest payout option. This could help you manage your finances better with effective budgeting while shielding you against the impact of inflation. 


The significance of this strategy lies in its potential to provide liquidity and financial security, making it an ideal avenue for substantial investments. To get the most out of such an investment, check the interest rates offered by different FD issuers before you make a decision.

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 ₹8 Crore Fixed Deposit

Here are the different monthly interest payouts you could receive upon investing ₹8 Crores in a fixed deposit for a 5-year period: 

Bank/NBFC/HFC

Non-senior Citizen (p.a.)

Monthly Interest Payout

Senior Citizen (p.a.)

Monthly Interest Payout

Bajaj Finance Ltd.

8.05%

₹5,36,667

8.30%

₹5,53,333

PNB Housing Finance Ltd.

7.65%

₹5,10,000

7.95%

₹5,30,000

Mahindra Finance Ltd.

8.05%

₹5,36,667

8.30%

₹5,53,333

LIC Housing Finance

7.75%

₹5,16,667

8.00%

₹5,33,333

Shriram Finance

8.27%

₹5,51,333

8.77%

₹5,84,667

AU Small Finance Bank

7.25%

₹4,83,333

7.75%

₹5,16,667

ICICI Bank

7.00%

₹4,66,667

7.50%

₹5,00,000

HDFC Bank

7.00%

₹4,66,667

7.50%

₹5,00,000

IDFC First Bank

7.00%

₹4,66,667

7.50%

₹5,00,000

Axis Bank

7.00%

₹4,66,667

7.75%

₹5,16,667

IndusInd Bank

7.25%

₹4,83,333

7.75%

₹5,16,667

YES Bank

7.25%

₹4,83,333

8.00%

₹5,33,333

Jana Small Finance Bank

7.25%

₹4,83,333

7.75%

₹5,16,667

Kotak Mahindra Bank

6.25%

₹4,16,667

6.75%

₹4,50,000

*Disclaimer: These interest rates are subject to revisions at the sole discretion of the issuer.

Monthly Interest Income on a ₹8 Crore Fixed Deposit

Based on the below interest rates, here are the different monthly interest payouts you could receive by investing ₹8 Crores for a 5-year tenor in an FD. 

Deposit Amount

Interest Rate (p.a.)

Monthly Interest Payout

₹8 Crores

6.00%

₹4,00,000

₹8 Crores

6.50%

₹4,33,333

₹8 Crores

7.00%

₹4,66,667

₹8 Crores

7.50%

₹5,00,000

₹8 Crores

8.00%

₹5,33,333

₹8 Crores

8.50%

₹5,66,667

₹8 Crores

9.00%

₹6,00,000

₹8 Crores

9.50%

₹6,33,333

₹8 Crores

10.00%

₹6,66,667 

Opting for a monthly interest payout in an FD is a straightforward and effective way to secure a stable income. Now that you have explored various interest rate scenarios, it's clear that this choice could significantly impact your monthly earnings, offering financial stability. With inflation in mind, the monthly payout ensures you can navigate changing economic landscapes.

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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