Monthly Interest Rates on Rs. 50 lakh FD

Rs. 50 lakh Fixed Deposit (FD) offers stable monthly interest, ensuring regular income, managing expenses, and supporting long-term financial security with safe returns.
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Rs. 50 lakh FD
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4 mins
03-June-2025

Fixed Deposits (FDs) are a reliable choice for investors seeking stability and fixed returns. In this article, we will cover the different types of fixed deposits, advantages of fixed deposits, and understand how much monthly interest can be earned by investing Rs. 50 lakh in an FD. Understanding the nuances of FDs can be key to making informed financial decisions.

Benefits of investing in FD

  1. Safety and stability: FDs are known for their safety and stability, making them a preferred choice for risk-averse investors. The principal amount remains intact, and the interest earned is fixed, offering a sense of financial security.
  2. Flexible tenure: FDs offer flexibility in choosing the tenure of the investment. Investors can opt for short-term or long-term deposits based on their financial goals and liquidity needs. Bajaj Finance offers flexible tenure from 12 to 60 months on their FD.
  3. Loan against FD: Many financial institutions like Bajaj Finance allow investors to take loan against their FDs. This feature can be beneficial during financial emergencies, as it provides a source of liquidity without breaking the FD.

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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FD monthly interest pay-out for deposits of Rs. 50 lakh

 

The monthly interest on a Rs. 50 lakh FD depends on various factors, primarily the interest rate and the type of FD chosen. For instance, with an interest rate of 8.30% annual interest rate, the monthly interest can be Rs. 34,583.33

Amount

Interest rate (p.a.)

Interest per month from Rs. 50 lakh FD

Rs. 50 lakh

6%

Rs. 25,000.00

Rs. 50 lakh

6.50%

Rs. 27,083.33

Rs. 50 lakh

7%

Rs. 29,166.67

Rs. 50 lakh

7.50%

Rs. 31,250.00

Rs. 50 lakh

8%

Rs. 33,333.33

Rs. 50 lakh

8.50%

Rs. 35,416.67

Rs. 50 lakh

9%

Rs. 37,500.00

Rs. 50 lakh

9.50%

Rs. 39,583.33

Rs. 50 lakh

10.00%

Rs. 41,666.67

 

Fixed Deposit

  1. Trusted by over 5 lakh customers
  2. Fixed Deposits worth more than Rs. 50,000 crore booked
  3. Rated CRISIL AAA/STABLE and [ICRA]AAA(STABLE)
  4. Up to 0.35% p.a. extra interest offered for senior citizens
  5. Flexible interest payout options available - Monthly, Quarterly, Half-yearly, Annually or at Maturity

By proceeding, you agree to our Terms and Conditions

Fixed deposit variants

Highest Credit Ratings | Trusted with over 1.4 million Deposits | Assured Returns on FD
Recommended

Fixed Deposit - 60 Months

INTEREST RATES UP TO
7.30% p.a.
Invest Online

Fixed Deposit - Senior Citizen

INTEREST RATES UP TO
7.30% p.a.
Invest Online

Fixed Deposit - Age below 60

INTEREST RATES UP TO
6.95% p.a.
Open FD

Fixed Deposit - Minor

INTEREST RATES UP TO
6.95% p.a.
Open FD

Fixed Deposit - HUF

INTEREST RATES UP TO
6.95% p.a.
Open FD

Fixed Deposit - Sole Proprietor

INTEREST RATES UP TO
6.95% p.a.
Open FD

TDS on a Rs. 50 Lakh Fixed Deposit

Tax Deducted at Source (TDS) is applicable on FD interest if it exceeds the specified threshold. Here are the key conditions:

  • For regular investors, TDS applies if the annual interest exceeds Rs. 40,000.
  • For senior citizens, the exemption limit is Rs. 50,000.
  • A 10% TDS rate applies if PAN details are provided.
  • Without PAN, TDS is deducted at 20%.

How to calculate interest on an FD of Rs. 50 Lakhs

Want to know how much you can earn by investing Rs. 50 Lakhs in a Fixed Deposit (FD)? With returns of up to 7.95% p.a. on offer from Bajaj Finance, it’s a smart move to estimate your potential earnings in advance. The easiest way to do this is by using an online FD calculator.

What you'll need to enter:

To get an accurate estimate, simply input the following details in the calculator:

  • Investor Type (Senior Citizen or Non-Senior)

  • Investment Amount (Rs. 50 Lakhs)

  • Tenure (in months or years)

  • Interest Rate (up to 7.95% p.a.)

  • Payout Option (Monthly, Quarterly, or at Maturity)

Example: FD Interest Calculation on Rs. 50 Lakhs

Let’s assume you invest Rs. 50 Lakhs in a Bajaj Finance FD at an interest rate of 7.95% p.a. for a tenure of 5 years (18 months), with monthly payouts.

Step-by-step Calculation:

Monthly Interest Earned = Rs. 50,00,000 × 7.95% ÷ 12
= Rs. 50,00,000 × 0.0795 ÷ 12
= Rs. 3,97,500 ÷ 12
= Rs. 33,125 per month

Total interest earned over 18 months

Total Interest = Rs. 33,125 × 18 months
= Rs. 19,87,500

Benefits of investing in monthly interest plan

  1. Regular Income: Monthly interest plans provide a steady income stream, making them suitable for individuals looking for regular pay-outs to meet their financial needs.
  2. Liquidity: Monthly interest pay-outs ensure liquidity, which allows investors to meet monthly expenses without breaking the FD.
  3. Financial planning and budgeting: With a predictable monthly income, financial planning becomes simpler. It helps in budgeting and ensures a steady cash flow, enabling you to manage your expenses and savings more efficiently.

Conclusion

Fixed deposit remain a fundamental investment choice for those seeking stability and assured returns. The flexibility in tenure, safety, and the option to choose between cumulative and non-cumulative FD makes them a versatile instruments. Understanding the monthly interest potential on a significant investment of Rs. 50 lakh FD allows investors to make informed decisions based on their financial goals and preferences. Whether one seeks a lump sum return at the end of the tenure or a regular income stream, FDs continue to offer a reliable avenue for conservative investors.

Check monthly interest rates on your fixed deposits

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Monthly Interest for a Rs. 1.5 Crore FD

Monthly Interest for a Rs. 80 Lakh FD

Monthly Interest for a Rs. 35 Lakh FD

Monthly Interest for a Rs. 4 Lakh FD

Monthly Interest for a Rs. 1 Crore FD

Monthly Interest for a Rs. 40 Lakh FD

Monthly Interest for a Rs. 2 Crore FD

Monthly Interest for a Rs. 3 Crore FD

Monthly Interest for a Rs. 70 Lakh FD

Frequently asked questions

Are there any penalties for withdrawing the principal amount before the maturity of the fixed deposit?

Withdrawing the principal amount prematurely might attract penalties or loss of FD interest rates. Its important check terms and conditions before investing.

Can I choose the frequency of interest payouts on fixed deposit investment?

Yes, depending on the type of fixed deposit, you can choose the frequency of interest payouts, which may include monthly, quarterly, half-yearly, annually or at maturity.

What is the interest on Rs. 50 lakh deposit monthly?

The monthly interest payout on a Rs. 50 lakh FD varies based on the interest rate offered by your bank. Depending on the rate, you could earn anywhere between approximately Rs. 20,833 (at 5% p.a.) to Rs. 41,666 (at 10% p.a.) each month.

How much tax do I pay on a Rs. 50 lakh fixed deposit?

TDS applies if the annual interest exceeds Rs. 40,000 (Rs. 50,000 for senior citizens). The bank deducts 10% TDS if PAN is provided; otherwise, it is 20%. If your total income exceeds the tax-free limit, additional tax liability may arise based on your income slab.

What is the monthly interest on a Rs. 50 lakh FD for senior citizens?

Senior citizens usually get higher FD interest rates. At an 8% annual rate, the monthly interest would be Rs. 33,333. For the latest Senior citizen FD rates, check with the respective bank or NBFC.

How is monthly interest calculated on a Rs. 50 lakh senior citizen FD?

Monthly interest is calculated using the formula: (Principal × Interest Rate) ÷ 12. For example, at 8%, Rs. 50 lakh × 8% ÷ 12 = Rs. 33,333 per month. The exact payout depends on the FD type—simple interest for non-cumulative and compounded for cumulative FDs.

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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.