i want to invest i crore in fd is is good idea also is it safe option, if yes then how much i will get monthly interest after tax
Yes, investing ₹1 crore in a Fixed Deposit (FD) is generally a safe option, especially if you choose a reputed bank. FDs offer guaranteed returns and are low-risk, making them ideal for capital protection.
Assuming an interest rate of around 7% per annum, the annual interest would be ₹7,00,000. That’s roughly ₹58,000 per month before tax.
However, FD interest is fully taxable as per your income slab. For someone in the 30% tax bracket, post-tax monthly interest would be around ₹40,000–₹42,000.
FDs are safe making it an attractive choice if seeking assured returns with liquidity.