Which is better, investing ₹10 lakh in one FD or ₹1 lakh in 10 FDs?

The maturity amount stays the same whether ₹10 lakh is invested in one FD or split into 10, if the interest rate is the same, NDTV Profit reported. However, a single FD is easier to manage compared to splitting FDs. A single FD risks premature withdrawal penalties if it is broken during emergencies. Splitting FDs allows partial withdrawals.