give calculation with highest rates
It depends on which bank you choose and the FD interest rate they’re offering. For example, most banks right now give around 6% to 7% per annum on a 1-year fixed deposit. If you put ₹10 lakh in an FD at 7% for 1 year, you’ll earn about ₹70,000 in interest (before tax).
At 6%, it would be around ₹60,000. It differs from one bank to other as per the interest rate offered.