Monthly Interest Payout for a ₹3 Lakh Fixed Deposit

With FDs, you can opt to receive your interest earnings every month, and this could be a wise move for many investors. Depending on the tenor, the monthly interest on a fixed deposit of ₹3 Lakhs could go up to ₹2,500 or even higher, if you get the right rate. 

However, in most cases, the tenor is the deciding factor, as longer investments generally lead to better returns. You could use the FD interest calculator to get an idea of the potential returns on your FD investment. 

The interest rate offered for an FD could affect the amount of monthly payouts. Generally, the higher the annual interest on an FD of ₹3 Lakhs, the better your returns. 

Here is an estimate of the monthly interest payout you would receive at different interest rates over a tenor of 5 years. 

Check out the monthly payouts you can receive based on different interest rates on an FD of ₹3 Lakhs over a tenor of 60 months. 

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