monthly interest for Rs. 3 crore fixed deposit

Learn how much monthly interest you can on Rs. 3 crore investment in FD.
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Rs. 3 crore FD
OPEN FD
4 mins
03-June-2025

Fixed deposits (FDs) are an attractive investment option for people looking to earn a fixed return on their investment without taking much risk. Investors who have a large sum to invest can benefit from the higher returns offered by fixed deposit. This article provides information on how much monthly interest can be earned on Rs. 3 crore investment in FD.

Benefits of investing in fixed deposit

  1. Guaranteed returns
    Fixed deposits offer guaranteed returns to investors. Unlike other investment options such as mutual fund, stocks, the returns on fixed deposits are not subject to market fluctuations. Investors get fixed interest rate during the entire tenure of their investment.
  2. Flexible tenure
    Investors can choose the tenure of their investment that aligns with their financial goals. FDs are available in various tenures ranging from a few days to several years. Bajaj Finance offers flexible tenure on FDs, ranging from 12 to 60 months.
  3. Higher interest rates
    Compared to savings account, much higher interest rate is offered on FDs. The interest rate on fixed deposits varies from different financial institutions and can range from 5% to 10% per annum. Some financial institutions also offer higher interest rates to senior citizens, making them an attractive investment option for those seeking higher returns.
  4. Easy liquidity
    FDs can be easily withdrawn before the maturity date, although a penalty may be charged for early withdrawals. Financial institutions have different rules for premature withdrawal of FDs. It is recommended to check the terms and conditions before investing.

Pro tip

Bajaj Finance offers attractive Fixed Deposit interest rates of up to 6.95% p.a. for non-senior citizens, and up to 7.30% p.a. for senior citizens, inclusive of an additional rate benefit of up to 0.35% p.a.

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Types of FD

  1. Cumulative FD
    In cumulative FD, the interest earned on the deposit is reinvested along with the principal amount for the entire tenure of the deposit. The interest is compounded annually and paid at maturity. The investor gets back the principal amount plus the interest earned over the entire tenure of the investment.
  2. Non-cumulative FD
    It is a type of FD where the interest earned on the principal amount is paid out at regular intervals, such as monthly, quarterly, half-yearly, or annually. Non-cumulative FDs are suitable for individuals who prefer regular income over the course of the tenure. The interest rate for non-cumulative FDs is generally lower compared to cumulative FDs.

How much interest can you earn on a Rs. 3 crore FD

Financial institutions like Bajaj Finance offer different tenures on their FD like monthly, quarterly, half yearly, annually and at maturity. Let us take an example, how much interest you can earn if you invest Rs. 3 crore in Bajaj Finance FD

Payout frequency

FD rates (p.a.)

Interest earned

Monthly

6.74%

1,05,30,000

Quarterly

6.78%

1,05,90,000

Half Yearly

6.83%

1,06,80,000

Annual

6.95%

1,08,75,000

At Maturity

6.95%

1,25,70,402


Things to consider when investing in Rs. 3 crore FD

  1. Interest rates
    Compare interest rates offered by various financial institutions. A small difference in interest rates can significantly impact your return on investment.
  2. Type of FD
    Decide between cumulative and non-cumulative FDs. Cumulative FDs accumulate interest, providing a lump sum at maturity, while non-cumulative FDs offer regular payouts, catering to different income needs. Select one that align with your financial goals.
  3. Tenure
    Choose the FD tenure wisely. Longer tenures often come with higher interest rates but may limit liquidity. Consider your financial goals and liquidity requirements before committing to a specific tenure.
  4. Tax implications
    Understand the tax implications of the interest earned. Interest income from an FD is generally taxable. If your interest earned from your FD goes beyond Rs. 1,00,000 (in case of senior citizen the limit is Rs. 50,000) then you will be charged 10% TDS. Consider the impact of taxation on your overall returns.
  5. Financial institution's credibility
    Choose a reputable and secure financial institution. Make sure the institution through which you are investing is reliable and financially stable to keep your amount safe. Bajaj Finance FDs are rated “AAA/stable” from the rating agencies like CRISI and ICRA, which is the highest standard of safety in India.
  6. Inflation
    Factor in inflation when evaluating your FD returns. While FDs offer stability, it is important to consider how inflation may impact the purchasing power of your returns over time.

Calculating monthly interest on FD

Amount

Interest rate (p.a.)

Interest per month

Rs. 3 crore

6%

Rs. 1,50,000.00

Rs. 3 crore

6.50%

Rs. 1,62,500.00

Rs. 3 crore

7%

Rs. 1,75,000.00

Rs. 3 crore

7.50%

Rs. 1,87,500.00

Rs. 3 crore

8%

Rs. 2,00,000.00

Rs. 3 crore

8.50%

Rs. 2,12,500.00

Rs. 3 crore

9%

Rs. 2,25,000.00

Rs. 3 crore

9.50%

Rs. 2,37,500.00

Rs. 3 crore

10.00%

Rs. 2,50,000.00

 

Conclusion

Investing in FD is a safe and reliable option for investors who seek decent returns on their investment with minimal risk. A large sum like Rs. 3 crore can fetch a higher amount of interest, providing a good source of earnings. However, investors should compare the interest rates offered by different financial institutions before investing.

Videos on Fixed Deposit

Disclaimer

As regards deposit taking activity of Bajaj Finance Ltd (BFL), the viewers may refer to the advertisement in the Indian Express (Mumbai Edition) and Loksatta (Pune Edition) furnished in the application form for soliciting public deposits or refer https://www.bajajfinserv.in/fixed-deposit-archives
The company is having a valid Certificate of Registration dated March 5, 1998 issued by the Reserve Bank of India under section 45 IA of the Reserve Bank of India Act, 1934. However, the RBI does not accept any responsibility or guarantee about the present position as to the financial soundness of the company or for the correctness of any of the statements or representations made or opinions expressed by the company and for repayment of deposits/discharge of the liabilities by the company.

For the FD calculator the actual returns may vary slightly if the Fixed Deposit tenure includes a leap year.