How Much Will I Get if I FD 15 lakh

Fixed Deposits (FDs)
1

How much will I get if I FD 15 lakh?

2

If you put ₹15 lakh in a Fixed Deposit (FD), the amount you’ll get back depends on two things, the interest rate the bank is giving and the time period you choose.

For example:

  • If the FD rate is 7% for 5 years, your ₹15 lakh will grow to around ₹21 lakh at maturity.

  • If the FD rate is 6% for 1 year, you’ll get around ₹15.9 lakh after 1 year.

So the amount you’ll get depends on which bank you choose, the interest rate, and for how many years you lock your FD.