What will you do if you get 1 crore rupees?

What should I do if I have 1 crore rupees?

Where do you invest to get maximum revenue if you have 1 crore…

  1. 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. …
  2. Invest in stocks: If you can bear the risk, invest in stocks for a better revenue.

What will you do if you get 1 crore essay?

Suppose If, I get one crore then, I will help poor people and, I will buy new clothes for those people who is suffering from cold. I will donate Rs 2 lakh to Ashram and I will spend 30 lakh for studying M.B.B.S. It is because my aim is to become a Doctor. I believe in that “Helping to people is to surviving to god”.

Is 1 crore a lot of money in India?

Assuming an inflation rate of 5 per cent, the worth of Rs 1 crore after 15 years is about Rs 48 lakh! … After 20,25 and 30 years, the worth of Rs 1 crore will be about Rs 37.68 lakh, Rs 29.53 lakh and Rs 23.13 lakh respectively assuming an average inflation rate of 5 per cent.

THIS IS FUN:  Question: What was the American land policy in regard to Indians?

Is 1 cr a big amount?

A crore (/krɔːr/; abbreviated cr), kodi, karod, karor, or koti denotes ten million (10,000,000 or 107 in scientific notation) and is equal to 100 lakh in the Indian numbering system.

Can I get loan of 1 crore?

MSME Loans up to 1 crore in 59 minutes. Recently, the Government of India has made an announcement to offer MSME loans up to 1 crore with interest rates starting from 8% within 59 minutes. This historic initiative is aimed at developing the MSME sector and this will improve the credit availability to a greater extent.

What business can I start with 1 crore?

30 Profitable Business Ideas under 75 Lakhs – 1 Crore (Plant and Machinery Cost) : Start Your Own Industry

  • 30 Profitable Business Ideas under 75 Lakhs – 1 Crore (Plant and Machinery Cost) : Start Your Own Industry. …
  • Aluminium Foil Containers. …
  • Bleaching Powder. …
  • Instrument Cable. …
  • House Wire. …
  • Hybrid Electric Scooter Assembling.

What is the interest rate for 1 crore fixed deposit?

₹ 1 Crore FD: Details

Banks FD Interest on ₹ 1 Crore Senior Citizen Rates on ₹ 1 Crore FD
HDFC 6.20% – 6.65% 6.00% – 6.50%
PNB Housing Finance 5.90% – 6.70% 6.15% – 6.95%
Bajaj Finance 5.65% – 6.50% 5.90% – 6.75%
IDFC First Bank 3.00% – 5.75% 3.50% – 6.25%

How much is a crore in dollars?

10,000,000/40 or 250,000 dollars .

Where have you heard of a crore what was the number used for?

We have heard of a crore in real estate, where a flat can cost about 1 crore. It can also be heard at the box office, where movies can earn crores of rupees.

THIS IS FUN:  What temperature is an Indian summer?

What is a crore rupee?

Definition of crore

: ten million specifically : a unit of value equal to ten million rupees or 100 lakhs.

How can I become Crorepati in 5 years?

It’s time to dig into assets that can help you become a crorepati in 5 years. These assets have been known to outperform inflation and generate 8-12% returns over the long term.

4. Mutual Funds.

Mutual Fund Type Returns (5+ years)
Equity 10-12%
International 12-15%
ELSS 10-12%

How can I do a crore in 10 years?

To build a corpus of Rs. 1 Crore in 10 years, you will have to invest Rs. 50,000 per month if we assume the post-tax return of 10% p.a. If you want to build the same in 12 years, then you will have to invest Rs. 37,000 per month.