Earn interest up to 8.60% p.a. by investing in a Bajaj Finance Fixed Deposit | Rated CRISIL AAA/ STABLE and [ICRA]AAA(stable) Invest Now

Investing ₹80 Lakhs in a fixed deposit can embark on a path of robust financial growth. One of the major elements that pivot and shape your investments is the current interest rates.

 

Hence, opt for an FD that offers competitive interest rates can amplify profitability, safeguard your investment against inflation, and secure a consistent income flow.

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 ₹80 Lakhs Fixed Deposit

To learn more about the monthly interest payout you could earn an FD of ₹80 Lakhs over a tenor of 5 years, refer to the table below - 

Bank/NBFC/HFC

Non-Senior Citizen (p.a.)

Monthly Interest Payout

Senior Citizen (p.a.)

Monthly Interest Payout

Bajaj Finance Ltd.

8.05%

₹53,667

8.30%

₹55,333

PNB Housing Finance Ltd. 

7.65%

₹51,000

7.95%

₹53,000

Mahindra Finance Ltd. 

8.05%

₹53,667

8.30%

₹55,333

LIC Housing Finance Ltd

7.50%

₹50,000

7.75%

₹51,667

Shriram Finance

8.60%

₹57,333

9.14%

₹60,933

ICICI Bank 

7.00%

₹46,667

7.50%

₹50,000

HDFC Bank 

7.00%

₹46,667

7.50%

₹50,000

IDFC First Bank 

7.00%

₹46,667

7.50%

₹50,000

Axis Bank 

7.00%

₹46,667

7.75%

₹51,667

IndusInd Bank 

7.25%

₹48,333

8.00%

₹53,333

YES Bank 

7.25%

₹48,333

8.00%

₹53,333

Jana Small Finance Bank 

7.25%

₹48,333

7.75%

₹51,667

Ujjivan Small Finance Bank

7.20%

₹48,000

7.70%

₹51,333

Kotak Mahindra Bank

6.20%

₹41,333

6.70%

₹44,667

SBI

6.50%

₹43,333

7.50%

₹50,000

AU Small Finance Bank

7.25%

₹48,333

7.75%

₹51,667

Disclaimer: The above-mentioned rates are effective as of 16th November 2023 and are subject to change as per the issuer’s discretion.

Monthly Interest Income on a ₹80 Lakhs Fixed Deposit

Here's the monthly interest income you could earn on a fixed deposit of ₹80 Lakhs across different interest rates:

Deposit Amount

Interest Rate (p.a.)

Monthly Interest Payout

₹80 Lakhs

6.00%

₹40,000

₹80 Lakhs

6.50%

₹43,333

₹80 Lakhs

7.00%

₹46,667

₹80 Lakhs

7.50%

₹50,000

₹80 Lakhs

8.00%

₹53,333

₹80 Lakhs

8.50%

₹56,667

₹80 Lakhs

9.00%

₹60,000

₹80 Lakhs

9.50%

₹63,333

₹80 Lakhs

10.00%

₹66,667

Use the FD calculator to determine the returns you could earn on your investment. The tool will instantly calculate the expected returns based on your inputs.


Now that you have an understanding of the returns you could earn on an ₹80 Lakhs FD, secure your fixed deposit on Bajaj Markets today.

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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FAQ on Monthly Interest for ₹80 Lakh FD

To invest ₹80 Lakhs in an FD, you must submit your KYC documents, ID proof, PAN card, and photographs. Some issuers may require additional documents, depending on your terms and profile. 

The interest income from an FD is liable for a tax deduction if the annual amount exceeds ₹40,000, extended to ₹50,000 for senior citizen investors. Given that the ₹80 Lakh FD’s interest per month is likely to exceed ₹40,000 even with minimum interest, the returns are taxable.

FD issuers have basic eligibility criteria, wherein they require you to be above 18 years and an Indian citizen, resident or non-resident. Additionally, HUFs, sole proprietors, partnership firms, trusts, limited companies, and other entities can invest in FD.

No. There is no maximum and minimum cap of interest rate per month for ₹80 Lakhs or any other fixed deposit amount. However, the interest rates vary depending on the issuer and their policy.

You can use an FD interest rate calculator to calculate your interest rate. On the calculator, enter your investment terms. Based on the information, the calculator will automatically generate the ₹80 Lakh FD interest per month or the interest amount of your preferred payout option.

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