5 Crore Fixed Deposit Interest Per Month
Over the years, there has been a gradual rise in the prices of products and services available in the market. Because of this, managing finances has been trickier than ever for everyone. In such times, one should not just look to save money but should also consider investment opportunities to grow the money that they have saved up.
There are plenty of smart investment options that are available in the market. Most of these investment options will fit your short-term and long-term goals. But an investment option that would give you guaranteed returns is interest on 5 crore FD.
What is an FD of 5 Crore?
A fixed deposit investment will guarantee the interest income on the invested amount. An individual can choose to receive this interest income upon maturity or through 5 crore FD interest per month.
Further, if an individual does have an FD of INR 5 crore, then he or she can rest assured of receiving a good source of regular income in the form of the interest amount. Let’s look at the payout structure of such a fixed deposit to get the full picture.
Usually, the tenure and interest rate of the fixed deposit investment are the main deciding factors of the payout structures in India. This means that the amount of interest you receive per month on your fixed deposit will be higher if your investment amount is higher.
Investors also have the option to get flexible payouts. You should also be familiar with the fact that there are two types of fixed deposits, including:
- Cumulative fixed deposit
- Non-cumulative fixed deposit
In the case of a cumulative fixed deposit, the interest on the INR 5 crore fixed deposit will be provided to the investor at the time of maturity.
On the other hand, in the case of a non-cumulative deposit, one can get the interest of the INR 5 crore fixed deposit in different payout options like:
- Annual
- Half annual
- Quarterly
- Monthly
Further, if you are planning to open a fixed deposit account, then you should also know that the interest rates usually range from 3% to 6%. For example, if an individual invests INR 1 lakh in a fixed deposit for a period of 1 year at an interest rate of 5.65%, then he or she will get an interest income of INR 5,650 at the time of maturity in the case of a cumulative fixed deposit.
Similarly, if an individual invests the same amount for the same period in a non-cumulative fixed deposit, then the interest rate can be a bit lower. But if we consider that the interest rate is the same, then one can receive a monthly payout of INR 471. In this manner, the total interest amount earned will be INR 5,650.
Calculating the Monthly Interest for INR 5 Crore Fixed Deposit
There are different banks and private organizations that offer individuals investment opportunities in terms of a fixed deposit. The interest rates for these fixed deposits can be quite different from one another. This is why to help you grasp the complete picture, we are going to look at the monthly interest amount and total interest amount that an individual will receive if he or she invests INR 5 crore in a fixed deposit. All of this information is mentioned in a table that is given below.
Annual Interest for INR 5 Crore Fixed Deposit
| Tenure (In Years) | Interest Rates for Fixed Deposit Schemes | Interest Amount for INR 5 Crore Fixed Deposit | Total Maturity Amount for INR 5 Crore Fixed Deposit | |||
| Non-Senior Citizens | Senior Citizens | Non-Senior Citizens | Senior Citizens | Non-Senior Citizens | Senior Citizens | |
| 1 | 5.65% | 5.90% | INR 28,25,000 | INR 29,50,000 | INR 5,28,25,000 | INR 5,29,50,000 |
| 2 | 6.40% | 6.65% | INR 64,00,000 | INR 66,50,000 | INR 5,64,00,000 | INR 5,66,50,000 |
| 3 | 6.80% | 7.05% | INR 1,02,00,000 | INR 1,05,75,000 | INR 6,02,00,000 | INR 6,05,75,000 |
| 4 | 6.80% | 7.05% | INR 1,36,00,000 | INR 1,41,00,000 | INR 6,36,00,000 | INR 6,41,00,000 |
| 5 | 6.80% | 7.05% | INR 1,70,00,000 | INR 1,76,25,000 | INR 6,70,00,000 | INR 6,76,25,000 |
Monthly Interest for an INR 5 Crore Fixed Deposit
Now, let’s look at the fixed interest amount earned on an INR 5 crore fixed deposit in a monthly fashion. This information is mentioned in the table that is given below.
| Tenure (In Years) | Interest Rates of Fixed Deposits | INR 5 Crore Fixed Deposit Interest Earned Per Month | ||
| Non-Senior Citizen | Senior Citizen | Non-Senior Citizen | Senior Citizen | |
| 1 | 5.65% | 5.90% | INR 2,35,417 | INR 2,45,883 |
| 2 | 6.40% | 6.65% | INR 2,66,667 | INR 2,77,083 |
| 3 | 6.80% | 7.05% | INR 2,83,333 | INR 2,93,750 |
| 4 | 6.80% | 7.05% | INR 2,83,333 | INR 2,93,750 |
| 5 | 6.80% | 7.05% | INR 2,83,333 | INR 2,93,750 |
By now, you must have understood that investing in an INR 5 crore fixed deposit can be very beneficial for you. Investors will get very good results on this investment. The best part is that these returns are guaranteed and an individual will continue to receive those irrespective of the movement of the market.
This is why if you are looking to get guaranteed returns on your investment and you have access to INR 5 crore, then you should invest that amount in a fixed amount scheme. This will ensure that you have good financial protection during uncertain times. Another benefit of investing in a fixed deposit scheme is that the investor can choose to withdraw from a fixed deposit scheme whenever he or she wants to. This is something that is often not recommended. However, it is still an option that is available to investors.
