₹1.5 Lakh Fixed Deposit Interest Per Month

Earn competitive interest rates annually with DICGC insurance up to ₹5 lakh for bank FDs.

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Fixed Deposit Interest & Return Calculator

When you invest ₹1.5 lakh in a fixed deposit, understanding your potential returns becomes crucial for financial planning. A ₹1.5 lakh fixed deposit at competitive interest rates can generate substantial monthly interest, helping you build wealth systematically. With Airtel Finance's platform connecting you to multiple bank and NBFC partners, you can compare rates and choose the best option for your investment goals.

Customer Category

Deposit Amount

₹

Tenure (Months)

Interest Rate (% p.a)

MATURITY VALUE

₹1,10,250

7.90% Applied

INTEREST EARNED +₹10,250

MATURITY DATE --

Principal Amount₹1,00,000

Total Interest₹10,250

Total Payable₹1,10,250

Benefits of ₹1.5 Lakh Fixed Deposit

Investing ₹1.5 lakh in fixed deposits through Airtel Finance offers several compelling advantages:

High Interest Rates: Earn attractive returns through our banking and NBFC partners.
DICGC Insurance Protection: Bank FDs are insured up to ₹5 lakh, ensuring your principal amount's safety.
No New Account Required: Start investing without opening additional bank accounts.
Flexible Withdrawal: Access your funds after just 7 days with premature withdrawal options.
Tax-Saving Options: Choose tax saver FDs to reduce your taxable income under Section 80C.

Airtel Fixed Deposit Monthly Interest Rate

Banks	Amount Invested	General Citizen interest rate (% p.a.) for 1 year	Monthly Interest Payout for General Citizens	Senior Citizen interest rate (% p.a.) for 1 year	Monthly Interest Payout for Non-General Citizens
Shivalik Small Finance Bank	1 Lakh	6.00%	₹500	6.50%	₹542
Shriram Finance	1 Lakh	7.00%	₹583	7.50%	₹625
Suryoday Small Finance Bank	1 Lakh	7.25%	₹604	7.45%	₹621
Utkarsh Small Finance Bank	1 Lakh	6.00%	₹500	6.50%	₹542
Slice Small Finance Bank	1 Lakh	7.25%	₹604	7.25%	₹604
Bajaj Finance	1 Lakh	6.75% (1Y3M)	₹563	7.10%	₹592
South Indian Bank	1 Lakh	6.35%	₹529	6.85%	₹571

Information About ₹1.5 Lakh Fixed Deposit

Fixed deposits by Airtel Finance provide a secure investment avenue through partnerships with established banks including North East Small Finance Bank, Suryoday Bank, South Indian Bank, Utkarsh Small Finance Bank, and Shivalik Small Finance Bank, along with reputable NBFCs like Bajaj Finance and Shriram Finance. The ₹1.5 lakh FD interest rate varies across partners, allowing you to select the most attractive returns. Airtel Finance acts as a facilitator, making the entire process digital and hassle-free while ensuring your investments are held securely with our regulated partner institutions.

How to Apply for ₹1.5 Lakh Fixed Deposit

Getting started with your ₹1.5 lakh fixed deposit investment is straightforward:

Download the Airtel Thanks App: Install the app or visit the Airtel Finance website to begin your fixed deposit investment process.
Go to Fixed Deposits Section: Navigate to the FD section and select the option to start a new fixed deposit investment.
Select Lending Partner: Choose your preferred bank or NBFC partner based on available interest rates and investment tenure.
Enter Investment Details: Fill in details such as the investment amount, tenure, and nominee information.
Upload Documents & Complete KYC: Submit the required documents digitally and complete the KYC verification process.
Make the Payment: Invest the amount using net banking, UPI, or other available digital payment options.
Receive FD Confirmation: Get confirmation of your fixed deposit along with the FD receipt and maturity details.

Features of a ₹1.5 Lakh Fixed Deposit

A ₹1.5 lakh fixed deposit offers a secure way to grow your savings with predictable returns, flexible tenure options, and minimal risk.

Competitive Returns: Access attractive interest rates annually through carefully selected banking and NBFC partners.
Low Minimum Investment: Start your FD journey with as little as ₹1,000, making it accessible for various income levels.
DICGC Insurance Coverage: Bank FDs are protected up to ₹5 lakh under DICGC insurance, providing additional security for your investment.
Digital-First Experience: Complete your entire investment process online without visiting any branch or opening new accounts.
Flexible Tenure Options: Choose from various tenure options to align with your financial goals and liquidity needs.
Premature Withdrawal Facility: Access your funds after 7 days if needed, providing flexibility for unexpected financial requirements.

Eligibility for ₹1.5 Lakh Fixed Deposit

To invest in a ₹1.5 lakh fixed deposit through Airtel Finance, you need to meet these basic criteria:

Age: 18 to 80 years for most partner institutions.
Residency: Indian resident with valid address proof.
KYC Compliance: Complete KYC verification with PAN and Aadhaar.
Investment Amount: Minimum ₹1,000 (no upper limit for ₹1.5 lakh investment).
Documentation: Valid identity, address, and income proofs.
Bank Account: Active savings or current account for transactions.

Documents Required for ₹1.5 Lakh Fixed Deposit

Ensure the following documents are available to begin earning reliable returns on your investment.

Document Type	Required Documents
Identity Proof	PAN Card, Aadhaar Card, Passport
Address Proof	Aadhaar Card, Utility Bill, Bank Statement
Bank Details	Cancelled Cheque, Bank Statement
Income Proof	Salary Slip, ITR, Form 16
Photograph	Recent passport-size photograph
Additional KYC	Form 60/61 (if applicable)