Looking for stable income from your savings? Start with a Rs. 20 lakh Fixed Deposit
If you are a salaried professional, business owner, or retiree holding surplus funds, a Rs. 20 lakh FD can be a dependable source of fixed income. Unlike stocks or mutual funds, a Fixed Deposit protects your capital and offers assured monthly payouts—especially useful if you're looking to supplement your cash flow or plan for future goals.
With Bajaj Finance Fixed Deposits, you can earn interest up to 7.30% p.a., with flexible payout options (monthly, quarterly, etc.), check latest FD rates. Let’s break it down.
How much monthly interest can Rs. 20 lakh earn in an FD?
If you opt for a non-cumulative FD, your Rs. 20 lakh deposit can give you monthly interest depending on the rate offered. Here’s a quick table to help you understand the monthly payout across interest slabs:
FD Amount |
Interest Rate (p.a.) |
Interest per month from Rs. 20 lakh FD |
Rs. 20 lakh |
6.00% |
Rs. 10,000 |
Rs. 20 lakh |
6.50% |
Rs. 10,833 |
Rs. 20 lakh |
7.00% |
Rs. 11,667 |
Rs. 20 lakh |
7.50% |
Rs. 12,500 |
Rs. 20 lakh |
8.00% |
Rs. 13,333 |
Rs. 20 lakh |
8.50% |
Rs. 14,167 |
Rs. 20 lakh |
9.00% |
Rs. 15,000 |
Rs. 20 lakh |
9.50% |
Rs. 15,833 |
Rs. 20 lakh |
10.00% |
Rs. 16,667 |
Lock in high interest rates with Bajaj Finance FDs
Bajaj Finance offers up to 7.30% p.a. interest, one of the highest in the market for a 60 months FD. Secure your future and enjoy predictable earnings. Check FD Rates Now.