Monthly Interest Payout for a Fixed Deposit of ₹10,000

Fixed deposits can be useful as a secure savings tool for earning stable returns on your invested sum. However, the interest rate and tenor you choose impacts your monthly interest payouts.

Depending on the amount deposited, the monthly returns on an FD could help you manage certain recurring expenses. Alternatively, you can let these funds remain idle in your FD account for an extended period to benefit from the power of compounding over the years. 

Here is an estimate of the monthly interest payout you could receive on a fixed deposit of ₹10,000 with a tenor of 5 years:

Note: The monthly interest payouts mentioned above are indicative and will depend on the issuer’s policies.

The table below indicates the monthly interest payout on an FD of ₹10,000 you could earn across different banks and NBFCs for a tenor of 5 years:

Note: The rates are effective as of April 2024 and are subject to change at the issuer’s discretion.

With a better insight into the potential returns you could earn on an FD of ₹10,000, you can choose your preferred issuer. On Bajaj Markets, you can select from multiple FD issuers offering competitive interest rates. 

In addition, you can also make use of the FD interest calculator to determine the potential returns you could earn on your fixed deposit investment.

The information provided by BFDL is related to the rates provided by Banks and Deposit taking NBFCs as available from public domain and under no circumstances is intended to be source of advice or recommendation of any financial investment advice or endorsement of any sort. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers and use of such 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. Display of any intellectual property along with the related product information does not imply BFDL’s partnership with the owner of the intellectual property of such products and is solely for the purpose of information, unless otherwise provided by BFDL.