In a monthly fixed deposit plan, the fixed deposit interest amount is calculated for the quarter and credited monthly to the savings or current account of a depositor at a discounted rate. The principal amount is repaid when the FD matures.
FD Monthly Interest Pay-out for Deposits of Rs 1 Crore
The monthly interest on a 1 crore FD at interest rates ranging from 2.50% to 8.50% p.a. is given below to provide an estimate of monthly income. However, you can also calculate the interest on Rs 1 crore FD per month by using the fixed deposit calculator.
FD Amount | Interest Rates (p.a.) | Interest per month from Rs 1 crore FD |
Rs 1 crore | 2.50% | Rs 20,833.33 |
Rs 1 crore | 3.00% | Rs 25,000 |
Rs 1 crore | 3.50% | Rs 29,166.66 |
Rs 1 crore | 4.00% | Rs 33,333.33 |
Rs 1 crore | 4.50% | Rs 37,500 |
Rs 1 crore | 5.00% | Rs 41,666.67 |
Rs 1 crore | 5.50% | Rs 45,833.33 |
Rs 1 crore | 6.00% | Rs 50,000 |
Rs 1 crore | 6.50% | Rs 54,166.67 |
Rs 1 crore | 7.00% | Rs 58,333.33 |
Rs 1 crore | 7.50% | Rs 62,500 |
Depositors should note that their monthly interest amount would remain the same as long as the FD interest rate and amount are unchanged, irrespective of the tenure. Also senior citizen FD rates offered by most banks and NBFCs are 0.25-0.80% higher than their regular FD rates.

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Documents Required for Opening Rs 1 Crore FD
Identity Proof
- Aadhaar Card
- Passport
- PAN card
- Driving license
- Voter ID card
- Photo ration card
Address Proof
- Electricity bill
- Passport
- Telephone bill
- Bank Statement with Cheque
- Certificate/ ID card issued by Post office