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    Monthly Interest Payout Fixed Deposit (FD)

    Many people invest in fixed deposits but struggle with cash flow when they need regular income from their investments. Traditional FDs only pay interest at maturity, leaving you without access to earnings during the tenure.

    Airtel Finance monthly interest payout FD solves this problem by offering a fixed deposit with a monthly interest payout, ensuring you receive a steady monthly income while keeping your principal amount safe and growing.

    Fixed Deposit Interest & Return Calculator

    Estimate your Fixed Deposit returns instantly. Enter amount, interest rate, and tenure to see your maturity amount.

    Deposit Amount ₹50,000
    ₹50,000
    ₹1K₹10L
    Interest Rate 7%
    7%
    1%15%
    Tenure 2 Years
    2 Years
    1Y10Y
    Book FD

    Benefits of a Monthly Interest Payout Fixed Deposit (FD)

    With Airtel Finance FD with a monthly payout option, you get the best of both worlds—security and regular income:

    • Tax Saving Fixed Deposit: A tax-saving fixed deposit allows investors to claim deductions under Section 80C of the Income Tax Act, making it a popular choice.
    • Regular Monthly Income: Receive monthly interest on FD directly to your account for consistent cash flow.
    • High Interest Rates: Earn from competitive FD monthly interest rates.
    • Complete Safety: Your deposits are insured by DICGC up to ₹5 lakh, ensuring complete protection.
    • Flexible Investment: Start with just ₹1,000 and choose tenures that suit your financial goals.
    • Perfect for Retirees & Regular Earners: Ensures a predictable and stable income stream without touching your principal.

    Information about the Monthly Interest Payout Fixed Deposit(FD)

    Airtel Finance fixed deposit with a monthly income option is designed for investors who want regular returns without compromising on security. This fund for monthly income is perfect for retirees, homemakers, or anyone seeking steady monthly earnings. Our digital-first approach means no paperwork hassles, and you don't need to open a new bank account.

    The monthly income on the FD is credited directly to your existing bank account, making it convenient to manage your finances. With special rates for women and senior citizens, our fixed interest rate monthly payout ensures everyone gets maximum value from their investments.

    How to Apply for a Monthly Interest Payout Fixed Deposit (FD)

    Getting started with your monthly payout FD is simple and completely digital:

    Step 1: Download the App

    Download the Airtel Thanks App and navigate to the Finance section.

    Step 2: Select Fixed Deposit

    Choose Fixed Deposit and select the “Monthly Interest Payout” option.

    Step 3: Enter Investment Details

    Enter your investment amount and preferred tenure using our FD Calculator (Monthly Interest Payout).

    Step 4: Complete KYC Verification

    Upload the required documents to complete your KYC verification.

    Step 5: Make Payment

    Proceed with the payment and start earning monthly interest immediately.

    Features of Monthly Interest Payout Fixed Deposit (FD)

    Various features of the Monthly Interest Payout Fixed Deposit (FD) are:

    • High Returns
      Earn from our competitive FD rates monthly payout structure.
    • Monthly Income
      Get regular monthly interest credited directly to your bank account.
    • Low Minimum Investment
      Start investing with just ₹1,000 and scale up as per your capacity.
    • Digital Process
      Complete a 100% paperless application with instant account opening.
    • DICGC Insurance
      Your deposits are protected up to ₹5 lakh by government insurance.
    • Flexible Withdrawal
      Premature withdrawal facility available after 7 days if needed.
    • Special Rates
      Higher interest rates for women and senior citizens.

    No Hidden Charges
    Transparent pricing with no processing fees or hidden costs.

    Eligibility for Monthly Interest Payout Fixed Deposit (FD)

    To open your FD interest monthly payout account, you need to meet these simple criteria:

    • Age: 18 years and above.
    • Residency: Indian resident with valid address proof.
    • KYC Documents: Aadhaar, PAN, and address proof are mandatory.
    • PAN Requirement: Mandatory for deposits above ₹50,000.
    • Bank Account: Active Indian bank account for transactions.

    Documents Required for Monthly Interest Payout Fixed Deposit (FD)

    Various fixed deposit documents required are:

    Document Type

    Required Documents

    Identity Proof

    PAN Card, Aadhaar Card, Passport, or Driving License

    Address Proof

    Aadhaar Card, Utility Bill, or Passport

    Bank Details

    Bank account statement or cancelled cheque

    Additional (if applicable)

    Senior citizen certificate for enhanced rates

    check_credit_score

    FAQs on Monthly Interest Payout Fixed Deposit (FD)

    Fixed Deposits Partner - Airtel Finance

    Explore FD FD Rate
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    Regular Fixed Deposit

    up to 9% interest p.a

    Senior Citizen

    up to 9.1% interest p.a

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