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The monthly interest on Rs. 10 lakh FD is the amount you earn from your investment. The interest rate varies from one NBFC to another, and it is fixed at the time when you open the FD account and deposit the money.
The interest rate on Rs. 10 FD will also vary based on the investment tenure and the interest credit period you choose. If you are looking to invest Rs. 10 in FD, you can open an FD account with Mahindra Finance and get a high interest rate of up to 7% per annum.
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