How Much Interest Will 2 Crore Rupees Earn?

How can I earn 1 crore easily?

The easiest way to make 1 crore is to Sell information products.

The steps to becoming a Crorepati is to be a market leader in a Micro Niche and building a following of people who will pay you for your information.

You can literally start from zero and by the end, you will have your own profitable business..

How can I make 1 lakh in a month?

For trading business, you need to have your Demat &Trading Account. This is one of the Best method out of 11 Best & Real Ways to Earn 1 Lakhs Per Month Online. Online Selling is the best and simplest method to earn money online. I am sure you all must be aware of Online Selling, If not, I will let you know the same.

How much interest will I get for 30 lakhs?

You should split the Rs 30 lakh between a mix of government-backed schemes, mutual funds and corporate fixed deposits. Park Rs 4.5 lakh in a Post Office Monthly Income Scheme. This will earn you a 7.6 percent interest per annum, payable monthly.

How much monthly interest can I get if I deposit INR 2.5 crore in fixed deposit?

If FD interest rate is 7%, then you get Rs 14 lakh on a fixed deposit of Rs 2 crore in a year. This means you get a monthly interest of Rs 1.17 lakh. If FD interest rate is 7.5%, then you get Rs 15 lakh on a fixed deposit of Rs 2 crore in a year. This means you get a monthly interest of Rs 1.25 lakh.

Is 1 crore a lot of money in India?

People often take a ballpark figure as a goal and consider it adequate without going into details of its sufficiency. Most people consider Rs 1 crore to be an adequate retirement amount.

What will you do if you get 1 crore rupees?

Where do you invest to get maximum revenue if you have 1 crore rupees?Invest in real estate: Invest in real estate can be a very good option as you have a big amount which can easily be used. … Invest in stocks: If you can bear the risk, invest in stocks for a better revenue.More items…•

What is the maximum limit of FD?

The minimum deposit required to open an FD varies from banks to banks and ranges between Rs. 1,000 to Rs. 10,000. There is no upper limit.

Can I double my money in 5 years?

Similarly, if you want to double your money in five years, your investments will need to grow at around 14.4% per year (72/5). If your goal is to double your invested sum in 10 years, you should invest in a manner to earn around 7% every year. Rule of 72 provides an approximate idea and assumes one time investment.

How much interest will 1 crore rupees earn?

If FD interest rate is 7%, then you get Rs 7 lakh on a fixed deposit of Rs 1 crore in a year. This means you get a monthly interest of Rs 58,333. If FD interest rate is 7.5%, then you get Rs 7.5 lakh on a fixed deposit of Rs 1 crore in a year. This means you get a monthly interest of Rs 62,500.

How can I double my money in bank?

Here are some options to double your money:Tax-free Bonds. Initially tax- free bonds were issued only in specific periods. … Kisan Vikas Patra (KVP) … Corporate Deposits/Non-Convertible Debentures (NCD) … National Savings Certificates. … Bank Fixed Deposits. … Public Provident Fund (PPF) … Mutual Funds (MFs) … Gold ETFs.More items…

How can I become Crorepati in 5 years?

To get to Rs 1 crore in five years, you need to invest at least Rs 1.2 lakh, assuming an annual return of 12 per cent per year. You might get around Rs 45 lakhs if you invest Rs 50,000 for five years.

Is LIC better than FD?

Comparing between FD and Life Insurance Plan Thinking of short and long term investments, FDs are better. Life insurance plan are suitable only as long term investment options. The minimum period of investment in a life insurance plan is about 10 years. The minimum amount that you can deposit in a FD plan is Rs.