1 Lakh Fixed Deposit Interest Per Month

A Fixed Deposit (FD) can come in handy if you have recently come upon a substantial windfall. This could be due to various reasons like a bonus paycheque, an inheritance, etc. If you haven’t decided between investing or spending the sum, you could consider opting for an FD. 

There are various banks and NBFCs that offer attractive interest rates between 6% and 10% p.a. On booking an FD of ₹1 Lakh at 7% interest p.a. for a tenor of 5 years, you could earn ₹40,000 in total interest payout. 

By aligning your FD’s maturity with your financial goals, you could direct these funds towards fulfilling financial goals. Learn more about the applicable interest rates across our partner and issuer pages below to start investing in FDs.

The table below shows the monthly interest calculation you would earn on a ₹1 Lakh fixed deposit with various applicable interest rates -

Through the below tables, find out more about the interest you could earn on your fixed deposit of ₹1 Lakh with a tenor of 5 years across issuers:

Below are the FD rates offered by NBFCs for non-senior citizens along with the monthly interest amount and the total maturity payout on a tenor of 5 years:

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

Here are the FD rates offered by NBFCs for senior citizens along with the monthly interest amount and the total maturity payout on a tenor of 5 years:

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

Learn about the FD rates offered by banks along with the monthly interest amount and the total maturity payout for non-senior citizens on a tenor of 5 years:

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

Find out about the FD rates offered by banks along with the monthly interest amount and the total maturity payout for senior citizens on a tenor of 5 years:

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

Now that you have a better understanding about your potential returns on depositing ₹1 Lakh in an FD, consider booking one today. These funds could be utilised to help fulfil financial goals like purchasing a vehicle or property.