Frequently Asked Questions

The ‘Interest Payout’ option is useful to investors who want regular monthly or quarterly income from their FDs.

Let’s say you deposited ₹1 Lakh in an FD for 1 year at a 5.1% interest rate and opted for a monthly payout. Your ₹1 Lakh returns about ₹5,198 at the end of the year. You will then get this interest amount distributed monthly. This works out to about ₹433.

On a quarterly basis, you should get ₹1,300.

For half-yearly payouts, you get ₹2,599, and so on.

If you go for more than a year, you get a little bit more, as your applicable interest is also compounded and used as the principal amount for the next year's interest calculation. For year 2, the principal becomes ₹1,05,198.


All interest rates above are indicative; for the latest interest rate, go here.
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