Monthly Interest on a ₹2 Crore Fixed Deposit

Earn monthly interest on a ₹2 Crore FD and use payouts for expenses. Compare FD rates across banks and NBFCs like Bajaj Finance for better returns and stability.
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Rs. 2 crore FD
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3 mins
25-June-2026

Fixed Deposits (FDs) continue to be a preferred investment choice for individuals seeking predictable returns with low risk. The interest earned on an FD depends on factors such as the investment amount, tenure, payout frequency, whether the FD is cumulative or non-cumulative, and applicable taxes.

By investing Rs. 2 crore in a fixed deposit, you can generate regular monthly interest that may act as a dependable secondary income source. The actual earnings depend on the interest rate at the time of investment and the payout option you select, especially when evaluating options like 2 Crore FD interest per month.

In volatile market conditions, FDs offer stability and peace of mind, as returns are fixed and not influenced by market fluctuations. Selecting the right FD helps balance short- and long-term financial goals while ensuring capital safety.

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

Monthly interest on a Rs.2 crore fixed deposit

Refer to the table below to understand the monthly interest payout on a Rs. 2 Crore fixed deposit for a tenure of 5 years at different interest rates:

Deposit Amount

Interest Rate (p.a.)

Monthly Interest Payout

Rs. 2 Crores

6.00%

Rs. 1,00,000

Rs. 2 Crores

6.50%

Rs. 1,08,333

Rs. 2 Crores

7.00%

Rs. 1,16,666

Rs. 2 Crores

7.50%

Rs. 1,25,000

Rs. 2 Crores

8.00%

Rs. 1,33,333

Rs. 2 Crores

8.50%

Rs. 1,41,666

Rs. 2 Crores

9.00%

Rs. 1,50,000

Rs. 2 Crores

9.50%

Rs. 1,58,333

Rs. 2 Crores

10.00%

Rs. 1,66,666


Note: The monthly interest payouts shown above are for illustrative purposes only. Actual returns may vary based on the interest rate offered and the policies of the respective bank or NBFC.

Types of fixed deposits you can choose from

1. Cumulative FD – For Long-Term Goals

In a cumulative FD, interest is compounded and paid at maturity. Perfect if you’re saving for a large future goal like retirement, your child’s education abroad, or purchasing property.

2. Non-Cumulative FD – For Regular Income

In a non-cumulative FD, interest is paid out monthly, quarterly, half-yearly, or yearly. Ideal if you want predictable cash flows every month, especially for retirees or those with monthly expenses.

Higher amount of interest on 2 Crore FD per month

With Bajaj Finance, you can invest up to Rs. 5 crore for a tenure of 12 – 60 months. The FD rates on your investment will be basis your investment tenure.

Mentioned below are the FD rates for customers below 60 years of age at different tenures. Senior citizens get additional rate benefit of up to 0.35% p.a.

FD rates for customers below the age of 60

Fixed Deposit annualised rate of interest for customers below the age of 60 is valid for deposit amounts from Rs. 15,000 to Rs. 3 crore (w.e.f 01 May, 2026).

Non-Senior Citizens
Tenure in
months
At maturity (p.a.) Monthly (p.a.) Quarterly (p.a.) Half yearly (p.a.) Annual (p.a.)
12 - 17 6.60% 6.41% 6.44% 6.49% 6.60%
18 - 30 6.85% 6.64% 6.68% 6.74% 6.85%
31 – 60 7.40% 7.16% 7.20% 7.27% 7.40%

FD rates for customer above the age of 60

Fixed Deposit annualised rate of interest for senior citizens is valid for deposit amounts from Rs. 15,000 to Rs. 3 crore (w.e.f 01 May, 2026).

Senior Citizens
Tenure in
months
At maturity (p.a.) Monthly (p.a.) Quarterly (p.a.) Half yearly (p.a.) Annual (p.a.)
12 - 17 6.95% 6.74% 6.78% 6.83% 6.95%
18 - 30 7.20% 6.97% 7.01% 7.08% 7.20%
31 - 60 7.75% 7.49% 7.53% 7.61% 7.75%

High returns, no market risks! Enjoy peace of mind with up to 7.75% p.a. on your Rs. 2 crore FD—guaranteed and unaffected by market volatility. Invest now.

What is the eligibility criteria for investing in a Rs. 2 crore FD?

  • Resident Indians
  • Sole proprietorships
  • Partnership firms and companies
  • Hindu Undivided Families (HUFs)
  • Clubs, associations, societies, and family trusts

Documents required for a Rs. 2 Crore fixed deposit

  • PAN Card
  • KYC Documents – Aadhar card/Passport/Driving license/Voter ID.

How to calculate Rs. 2 crore FD interest per month

You can estimate the monthly interest earned on a Rs. 2 Crore fixed deposit by following these steps:

  • Enter the deposit amount, tenure, and applicable interest rate.
  • Select the ‘Monthly’ option under the ‘Interest Payout’ section.
  • View the estimated monthly interest payout and total interest earnings over the investment period.

Example of monthly interest calculation

Suppose you invest Rs. 2 Crores in a fixed deposit for 4 years (48 months) at an interest rate of 7.70% p.a. The monthly interest can be calculated using the following formula:

Monthly Interest Earned = Principal Amount × Interest Rate ÷ 12

Monthly Interest Earned = Rs. 2,00,00,000 × 7.70% ÷ 12

Monthly Interest Earned = Rs. 2,00,00,000 × 0.077 ÷ 12

Monthly Interest Earned = Rs. 1,28,333.33

Therefore, the monthly interest payout on a Rs. 2 Crore FD at 7.70% p.a. would be Rs. 1,28,333.33.

Total interest earned over the tenure

To calculate the total interest earned during the investment period:

Total Interest Earned = Monthly Interest × Number of Months

Total Interest Earned = Rs. 1,28,333.33 × 48

Total Interest Earned = Rs. 61,60,000

In this example, the fixed deposit would generate a total interest income of Rs. 61,60,000 over 4 years, while providing a monthly payout of Rs. 1,28,333.33.

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
7.75% p.a.
Invest Online

Fixed Deposit - Senior Citizen

INTEREST RATES UP TO
7.75% p.a.
Invest Online

Fixed Deposit - Age below 60

INTEREST RATES UP TO
7.40% p.a.
Open FD

Fixed Deposit - Minor

INTEREST RATES UP TO
7.40% p.a.
Open FD

Fixed Deposit - HUF

INTEREST RATES UP TO
7.40% p.a.
Open FD

Fixed Deposit - Sole Proprietor

INTEREST RATES UP TO
7.40% p.a.
Open FD

Invest in fixed deposit with Bajaj Finance

  1. Click on ‘Open FD' at the top of this page to open our online application form.
  2. Enter your 10-digit mobile number and verify the OTP sent to your phone.
  3. Fill in the investment amount, choose the investment tenure and the payout frequency. Enter your PAN card and date of birth.
  4. Complete your KYC: If you are an existing customer, confirm the details available with us, or edit to make any changes. For new customers, complete your KYC using Aadhaar.
  5. A declaration will be displayed. Please read it carefully and agree to the terms and conditions. Enter your bank details and proceed to pay.
  6. Complete your investment using NetBanking/ UPI or NEFT/ RTGS.

Once your fixed deposit is booked, you will receive the Fixed Deposit Acknowledgement (FDA) on your registered email address and as a link on your mobile number. An Electronic Fixed Deposit Receipt (e-FDR) will also be sent to your email ID within 3 working days (subject to documents being in the correct order).

Taxation on FDs of Rs. 2 crores

While evaluating FD returns, it is important to consider the applicable tax liability to estimate your actual earnings. Keep the following points in mind:

  • If the interest earned on your fixed deposit exceeds Rs. 40,000 in a financial year, the bank or NBFC may deduct Tax Deducted at Source (TDS) at the applicable rate.
  • For senior citizens, the TDS exemption threshold is Rs. 50,000 per financial year.
  • Individuals who are not liable to pay income tax can submit Form 15G or Form 15H (for senior citizens) to request non-deduction of TDS, subject to eligibility.
  • If you have provided your PAN, TDS is generally deducted at 10% as per prevailing tax regulations.
  • If PAN details are not furnished, TDS may be deducted at a higher rate as prescribed under the Income Tax Act.

Apart from TDS, the interest earned on fixed deposits is added to your total taxable income and taxed according to the income tax slab applicable to you. You may also consider investing in a tax-saving fixed deposit, which allows you to claim a deduction of up to Rs. 1.5 lakh on the invested amount under Section 80C of the Income Tax Act, subject to prevailing tax rules.

Rules of fixed deposit interest & income tax (2025-26)

FD interest is taxable in the hands of investors under the head of 'Income from Other Sources'.

Fixed deposit interest is completely taxed. Add it to your overall income to be taxed at the appropriate slab rates. It must be included in your Income Tax Return under the heading "Income from Other Sources."

When banks credit interest to your account, they deduct tax at source. The tax is deducted if the amount of interest exceeds Rs. 50,000 in a Financial year (Rs. 1,00,000 for senior citizens) in bank and Rs. 10,000 for NBFC.

It is important to keep in mind that the TDS is taken out when interest is credited rather than when the FD matures. So, banks must deduct TDS at the end of each year if you have an FD for three years.

Conclusion

Investing Rs. 2 crore in a fixed deposit can offer you a predictable and secure monthly income, making it ideal for retirees, conservative investors, or anyone seeking stable returns without market-linked risks. By choosing the right tenure and payout frequency, you can align your FD investment with your financial goals—be it regular income or long-term wealth preservation. Use a monthly interest calculator to estimate your potential earnings and select a fixed deposit plan that best fits your needs.

Check monthly interest rates on your fixed deposits

Monthly Interest for a Rs. 15000 FD

Monthly Interest for a Rs. 10 Lakh FD

Monthly Interest for a Rs. 6 Lakh FD

Monthly Interest for 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 Rs. 50,000 FD

Monthly Interest for a Rs. 3 Crore FD

Monthly Interest for a Rs. 5 Lakh FD

Frequently asked questions

Is it safe to invest Rs. 2 crore in a Bajaj Finance FD?

Absolutely. Bajaj Finance FDs are rated AAA/STABLE from ICRA and CRISIL—signifying the highest level of safety. Invest now and earn up to 7.75% p.a. returns.

What is the interest rate of 2 crore?

Bajaj Finance offers interest rates of up to 7.75% p.a. for senior citizens and up to 7.40% p.a. for customers below the age of 60 on a Rs. 2 Crore.

Can I keep Rs. 2 crore in my savings account?

While you can keep Rs. 2 crore in a savings account, it may not be the most efficient way to grow your money. Savings accounts typically offer low interest rates, which may not keep pace with inflation. If you are looking to earn better returns while keeping your capital safe, investing in a high-interest Fixed Deposit from Bajaj Finance is a smarter option. With competitive FD rates, you can turn your idle funds into a stable monthly income.

Can I invest Rs. 2 crore in FD?

Yes, you can easily invest Rs. 2 crore in a Fixed Deposit. In fact, with Bajaj Finance Fixed Deposit, you get attractive interest rates, flexible tenures, and the option to receive payouts monthly, quarterly, or at maturity. It's an ideal solution for anyone looking to earn assured returns with minimal risk. Use the FD calculator to estimate your monthly interest and choose a plan that fits your financial goals.

How to invest Rs. 2 crore to get monthly income in India?

To generate monthly income from Rs. 2 crore, you can opt for non-cumulative fixed deposits, monthly income plans, senior citizen savings schemes (if eligible), annuity plans, or a mix of debt mutual funds with systematic withdrawal plans. The right choice depends on risk appetite, tax efficiency, and income stability needs.

What is the tax on Rs. 2 crore in India?

Tax on Rs. 2 crore depends on whether it is income or investment principal. If Rs. 2 crore is annual taxable income, it is taxed as per applicable income tax slabs and surcharge, leading to a high effective tax rate. Investment returns are taxed based on the product and holding period.

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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.