Monthly Interest for an FD of ₹50 Lakhs

Upon choosing the monthly payout option for your fixed deposit of ₹50 Lakhs, you can earn up to ₹40,000 with an interest rate of 9%. However, compare your options before you invest. This is crucial because several factors affect the rate and the monthly interest on an FD of ₹50 Lakhs you will receive.

Your returns depend on the interest rate that the issuer will offer. Naturally, higher rates will lead to better returns, over the same tenor. Here is an estimate of the monthly interest on an FD of ₹50 Lakhs with different rates over a tenor of 5 years:

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.