Monthly Interest Rates for Rs. 6 lakh Fixed Deposit

Earning monthly interest on a Rs. 6 lakh fixed deposit is ideal for those seeking a steady income. Check the latest Rs. 6 lakh FD interest rates for 2026.
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Rs. 6 lakh FD
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4 mins
22-June-2026

For young investors, fixed deposits (FDs) are often the first step toward building a safe and reliable financial portfolio. They offer a fixed rate of interest, which means you know in advance how much your money will earn. For instance, many people explore scenarios like 6 lakh FD interest per month to understand potential returns before investing.


When choosing an FD, it’s important to compare interest rates across banks and financial institutions, as well as check the minimum deposit needed to qualify for the best rates. Even small amounts can make a difference—for example, calculating 6 interest for 1 lakh helps you see how compounding works over time.


Finally, align your FD with your financial goals and investment horizon. A longer tenure usually offers better rates, but remember that premature withdrawals may reduce returns. With the right choice, FDs can provide both stability and assured growth for your investments.

Pro tip

Bajaj Finance offers attractive Fixed Deposit interest rates of up to 7.40% p.a. for non-senior citizens, and up to 7.75% p.a. for senior citizens, inclusive of an additional rate benefit of up to 0.35% p.a.

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Monthly interest income on a Rs. 6 lakh fixed deposit

The monthly interest payout for a Rs. 6 Lakh fixed deposit varies depending on financial institution and the tenure of the deposit. For example, if the interest rate on FD is 8% p.a., then the monthly payout for Rs. 6 lakh investment would be Rs. 4,000.

Here the table showing how much interest you can earn at different interest rates if you invest Rs. 6 lakh in a FD

AmountInterest rate(p.a.)Interest per month
Rs. 6 lakh6%Rs. 3,000.00
Rs. 6 lakh6.50%Rs. 3,250.00
Rs. 6 lakh7%Rs. 3,500.00
Rs. 6 lakh7.50%Rs. 3,750.00
Rs. 6 lakh8%Rs. 4,000.00
Rs. 6 lakh8.50%Rs. 4,250.00
Rs. 6 lakh9%Rs. 4,500.00
Rs. 6 lakh9.50%Rs. 4,750.00
Rs. 6 lakh10.00%Rs. 5,000.00


You can use the Bajaj Finance FD calculator to estimate the potential returns on your fixed deposit investment.



Things to consider before making any investment decision

There are few things you should consider before making an investment.

  1. You should develop a clear understanding of your financial goal and risk tolerance.
  2. Consider how well the investment might perform. You should assess the potential of the investment, including past performance, future market trends, and realistic expectations of return on investment.
  3. Compare different investment options and choose the one that offers the best balance between risk and return. Additionally, you should ensure that you invest in a regulated and reputable institution and read the terms and conditions of the investment agreement carefully.

It is also useful to seek the opinion of a financial advisor before making any investment decisions. By considering these factors, you can minimise risk and maximise the potential return on your investments, ultimately improving your long-term financial security and growth.

TDS on fixed deposit of Rs.6 Lakhs

TDS refers to Tax Deducted at Source. Banks and NBFC’s deduct a certain percentage as tax before crediting the interest earned on fixed deposits to the account of the depositor. The deducted amount is then given to the central government. Currently the TDS rate on FD is 10%. It is applied if the interest income exceeds a specified threshold, which is currently Rs. 50,000 per annum for non-senior citizens and Rs. 1,00,000 for senior citizens for banks and Rs. 10,000 for NBFCs.


Conclusion

Investing Rs. 6 lakh in a Fixed deposit can be an excellent option to start building your financial portfolio. However, before making an investment, it is advisable to compare the interest rates offered by different financial institutions and choose a deposit scheme that aligns with your financial goals and objectives.


Calculate your expected investment returns with the help of our investment calculators

Investment Calculator
Fixed Deposit Interest CalculatorProvident Fund CalculatorPPF Calculator
Recurring Deposit CalculatorGratuity Calculator 

Frequently asked questions

How much tax will I have to pay on my Rs. 6 lakh FD?

The tax you pay on your FD interest depends on your tax bracket and other factors. It's recommended to consult a tax advisor for personalized advice.

What are the documents required to open an FD?

To open an FD with Bajaj Finance, you are required to provide PAN and any KYC document such as Aadhar card, Passport, Driving license, or Voter ID.

How much is 6 lakh per annum?

If you earn or invest Rs. 6 lakh per annum, it means your total income or investment in a year is Rs. 6,00,000. On a monthly basis, this comes to around Rs. 50,000 (Rs. 6,00,000 ÷ 12 months). The exact returns will vary depending on whether this is salary, business income, or an investment such as a fixed deposit or mutual fund.

How to invest 6 lakhs?

You can invest Rs. 6 lakh in different ways depending on your goals, risk appetite, and time horizon:

  • Fixed Deposits (FDs): Safe option with assured returns. For example, you can calculate 6 lakh FD interest per month based on the prevailing rates.
  • Mutual Funds (SIP/Lumpsum): Good for long-term wealth creation with market-linked returns.
  • Stocks or Equity Investments: Higher risk but potentially higher rewards for long-term investors.
  • Gold or Sovereign Gold Bonds: A hedge against inflation with steady appreciation.
  • Real Estate: If you can add more capital or use it for a down payment, property investment can also be considered.

It’s best to diversify across these options instead of putting the entire Rs. 6 lakh into one avenue.

What is the interest on Rs. 6 lakh?

The interest on Rs. 6 lakh depends on the interest rate and tenure. For example, at a 4% annual interest rate, the interest earned in one year would be Rs. 24,000. Higher rates or longer tenures will proportionately increase the interest amount.

What is 4% of Rs. 6 lakh?

4% of Rs. 6 lakh equals Rs. 24,000 per year. This is calculated by multiplying Rs. 6,00,000 by 4%, representing the annual interest earned at that rate.

How much is Rs. 6 lakh per annum in months?

Rs. 6 lakh per year translates to Rs. 50,000 per month. This is calculated by dividing the annual amount by 12 months.

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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.