1 Cr Fixed Deposit Interest Per Month

A fixed deposit (FD) is an effective way to earn regular monthly interest on a ₹1 crore investment while ensuring a steady income. Interest rates for ₹1 cr fixed deposit typically range from 6.50% to 8.35%, with higher rates offered for longer tenures due to the increased holding period risk. Senior citizens can enjoy even better returns, as they are often offered an additional 0.50 to 0.75% on the standard FD interest rate.

Monthly Interest Payout on ₹1 Cr Fixed Deposit

Check out the table below to find the ₹1 crore FD monthly interest with a 5-year tenure in India:

₹1 Cr Fixed Deposit Interest Provided by Banks and NBFCs in 2025

When comparing NBFC FDs and bank FDs, the monthly income from a ₹1 crore fixed deposit is an important factor to consider. The table below illustrates the monthly interest earnings on a ₹1 crore FD with a 5-year tenure across different financial institutions.

Yearly Interest Payout on ₹1 Cr Fixed Deposit 

The following table depicts the maturity amounts for a ₹1 crore investment in an FD at an interest rate of 8.97% per annum, broken down across different tenures: 

Tax Implications for ₹1 Cr Fixed Deposits

When planning to invest in a fixed deposit, it is crucial to consider the tax implications and assess your potential earnings after taxes. Here is what you need to know:

• Banks and NBFCs will apply TDS (Tax Deducted at Source) if your total interest income exceeds ₹40,000 annually.
• For senior citizens, TDS applies when the total interest exceeds ₹50,000 in a year.
• If you have provided your PAN, TDS will be deducted at 10%.
• Without a PAN, TDS will be charged at 20%.
• To avoid TDS, you can submit Forms 15H or 15G if your income is below the taxable threshold.
• You can also avail tax benefits on investments in tax-saving FDs, which offer deductions of up to ₹1.5 lakhs under Section 80C of the Income Tax Act, 1961.

Calculation of Monthly Interest Payout on a ₹1 Cr Fixed Deposit

You can calculate the interest on your ₹1 Crore fixed deposit either manually or using an FD calculator. To find the monthly interest, use the following formula:

Monthly Interest Payout = Principal × Interest Rate / 12

For instance, if you invest ₹1 Crore in a fixed deposit with an annual interest rate of 7% for 1 year, you can calculate the monthly interest as follows:

Monthly Interest = ₹1,00,00,000 × 7% / 12 = ₹1,00,00,000 × 0.07 / 12 = ₹58,333.33

So, in this case, you would earn ₹58,333.33 every month.

Penalty for Premature Withdrawal of a ₹1 Cr Fixed Deposit

Prematurely withdrawing your ₹1 crore fixed deposit allows early access to funds, but it often comes with penalties, such as a reduced interest rate or additional fees. Generally, banks or NBFCs lower the ₹1 crore FD interest rate in India by 0.5% to 1%.

For example, if you invest ₹1 crore at 6.50% per annum for 4 years but withdraw after 2 years, the rate will drop to 6.00% per annum. With a 1% penalty, the final rate reduces to 5.00% per annum, leading to lower returns. Your final amount will be:

A ₹1 cr fixed deposit can generate a consistent monthly income through its interest earnings. Given the large investment, the monthly interest payouts are significant. Depending on your preference, you can either accumulate the interest over the tenure or opt for periodic withdrawals. For better returns, consider choosing a longer tenure FD plan, as it generally offers higher interest rates.

Maximise your returns with Stable Money's expert-fixed deposit plans. Start your ₹1 crore FD today and secure a steady, reliable income for your future!