Monthly Interest on a Rs. 1 Crore FD - Fixed Deposit

In summary

A Rs. 1 crore Bajaj Finance Fixed Deposit can provide regular monthly income through the non-cumulative payout option. The exact monthly interest depends on your age, selected tenure, and applicable interest rate.

• Invest Rs. 1 crore in Fixed Deposit
• Choose monthly non-cumulative interest payouts
• Customers below 60 earn applicable rates
• Senior citizens receive additional interest benefits
• Longer tenures may offer higher rates
• Principal is returned after FD maturity

• Returns remain unaffected by market movements

  
  

At the current highest monthly payout rate, Rs. 1 crore can generate approximately Rs. 59,667 per month for customers below 60. Eligible senior citizens can receive approximately Rs. 62,417 per month at the corresponding 7.86% p.a. monthly payout rate.

Interest on a Rs. 1 Crore Fixed Deposit based on tenure

You can refer to the table below to understand the estimated maturity amount for a Rs. 1 crore fixed deposit earning 8.97% p.a., assuming annual compounding. The maturity value increases with the investment tenure.

Note: The values shown are indicative and calculated for illustrative purposes only. Actual maturity amounts may differ based on the interest rate, compounding frequency, and the policies of the bank or NBFC offering the fixed deposit.

Interest on a Rs. 1 Crore Fixed Deposit based on tenure

If you invest 1 crore in fixed deposit, your income per month will depend on the type of FD you choose- cumulative or non-cumulative. 

Let’s look at the expected monthly earnings from both these types of FDs with Bajaj Finance:

Bajaj Finance Non-Cumulative Fixed Deposit – Rs. 1 crore FD interest per month

Considering an investment of Rs. 1 crore for a 36-month tenure with monthly interest payouts:

This calculation applies to a Rs. 1 crore Non-cumulative FD with monthly payouts. The exact amount may vary according to the applicable rate and product terms.

Bajaj Finance Cumulative Fixed Deposit

Considering an investment of Rs. 1 crore for a 36-month tenure:

A cumulative FD reinvests the interest, allowing returns to compound until maturity. This can result in a higher maturity value than receiving interest through regular payouts. You can use the Bajaj Finance FD calculator to estimate returns based on the investment amount, tenure, payout option, and applicable interest rate.

Rs.1 crore FD interest per month

The monthly income from a Rs. 1 crore Fixed Deposit depends on the applicable interest rate and payout option. For Bajaj Finance Fixed Deposit, the revised monthly payout rates from 7 October 2026 are 7.49% p.a. for non-senior citizens and 7.86% p.a. for senior citizens for tenures between 31 and 60 months.

These figures are approximate and calculated before applicable tax or TDS. Actual payouts may vary based on the prevailing rate, tenure, and Fixed Deposit terms.

Tax implications for Rs. 1 Crore fixed deposits

Before investing Rs. 1 Crore in a fixed deposit, it’s important to assess the tax impact and calculate your net earnings. 

Here's what you should know:

• Banks and NBFCs deduct Tax Deducted at Source (TDS) if total interest income exceeds Rs. 50,000 in a financial year.
• For senior citizens, the threshold is higher at Rs. 1,00,000 annually.
• If PAN details are submitted, TDS is deducted at 10%.
• Without PAN, the TDS rate increases to 20%.
• You can submit Form 15G or 15H to avoid TDS if your total income is below the taxable limit.
• Tax-saving FDs offered by banks qualify for deductions under Section 80C of the Income Tax Act—up to Rs. 1.5 lakh in a financial year.

Plan your taxes smartly while growing your wealth. With Bajaj Finance FD, your interest income remains predictable and transparent—helping you manage both stability and liquidity. Check latest rates. 

Calculating the monthly interest on a Rs. 1 crore Fixed Deposit (FD) is straightforward. The monthly return depends on three key factors — interest rate, tenor, and payout frequency (monthly, quarterly, or cumulative).

You can use this simple formula to calculate your monthly FD interest:

Monthly Interest = (Deposit Amount × Interest Rate) ÷ 12

For example:

If you invest Rs. 1 crore at an interest rate of 7.30% p.a. for 60 months, then your monthly interest will be:

Rs. 1,00,00,000 × 7.30% ÷ 60 = Rs. 42,23,242 / 60 = Rs. 70,385 per month.

Benefits of Fixed Deposit with Bajaj Finance

The benefits of Fixed Deposit with Bajaj Finance include:

• You can start with investing an amount as small as Rs. 15,000 with Bajaj Finance.
• You can get higher FD rates than bank FDs i.e: up to 8.15% p.a.
• You get the freedom to choose the tenor of your investment as per your financial goals. This tenor can be anywhere between 12 to 60 months.
• Senior citizens can earn up to 0.35% p.a. higher interest compared to regular fixed deposits.

A Rs. 1 crore Fixed Deposit with Bajaj Finance can serve as a stable income source—whether you prefer monthly interest payouts or long-term compounding benefits. With competitive rates, high safety ratings, and flexible options, Bajaj Finance FDs are ideal for anyone seeking guaranteed growth and peace of mind.

Start your journey toward financial stability today by investing in a Bajaj Finance Fixed Deposit—because your money deserves to grow safely.