Monthly Interest on Rs. 80 lakh Fixed Deposit

Understand how much monthly interest you can on Rs. 80 lakh FD.
Rs. 80 lakh FD
4 mins
25 June 2025

A fixed deposit (FD) is a financial instrument offered by different financial institutions where an individual deposits a lump sum amount for a predetermined period, ranging from a few days to years. In exchange, investors receive a predetermined interest rate on their deposit, which is typically higher than that of a savings account. The principal amount and interest are disbursed periodically or upon maturity, depending on the FD type. Known for their assured returns, FDs are favored by those seeking a dependable method to increase their savings.

Types of FD

  1. Cumulative FD: In a cumulative fixed deposit, the interest earned on the deposit is reinvested in the FD periodically, along with the principal amount. This means that at the time of maturity, the investor receives the cumulated interest along with a principal amount. Cumulative FDs are generally suitable for long terms investors, who want to build long term wealth.
  2. Non-Cumulative FD: In contrast, non-cumulative fixed deposits offer periodic interest payouts. The investor can choose the payout option, such as monthly, quarterly, half yearly or annually, to receive the interest earned on their deposit. Non-Cumulative FDs are suitable for those looking for a regular source of income.

Calculating monthly interest on FD

 Amount

Interest rate (p.a.)

Interest per year

Monthly

Rs. 80,00,000

6%

Rs. 4,80,000.00

Rs. 40,000.00

Rs. 80,00,000

6.50%

Rs. 5,20,000.00

Rs. 43,333.33

Rs. 80,00,000

7%

Rs. 5,60,000.00

Rs. 46,666.67

Rs. 80,00,000

7.50%

Rs. 6,00,000.00

Rs. 50,000.00

Rs. 80,00,000

8%

Rs. 6,40,000.00

Rs. 53,333.33

Rs. 80,00,000

8.50%

Rs. 6,80,000.00

Rs. 56,666.67

Rs. 80,00,000

9%

Rs. 7,20,000.00

Rs. 60,000.00

Rs. 80,00,000

9.50%

Rs. 7,60,000.00

Rs. 63,333.33

Rs. 80,00,000

10.00%

Rs. 8,00,000.00

Rs. 66,666.67

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.

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.