Question: How Much Interest Will I Get For 30 Lakhs?

How much interest will 5 lakhs earn?

Additionally, if a bank is having an interest rate of 7.25 per cent per annum, (Discounted Rate of Interest of 7.21 per cent), then on a principal amount of Rs 5 lakh, the total interest comes to Rs 1,80,322, which yields Rs 3,005 as the monthly interest amount..

What will be the EMI for 30 lakhs home loan?

Current EMI for ₹ 25 lakhs loan is ₹ 16,215 and EMI for ₹ 30 lakh loan is ₹ 19,458 for a 30 year loan at the minimum interest rate.

How much interest will 2 crore rupees earn?

To earn an income of Rs 2 lakh per month or Rs 24 lakh per annum from the corpus of Rs 2 crore, you must return of 12 per cent. However, there is no fixed income instrument that can currently offer you such rate of return. Getty Images The prevailing rates in the market range between 6 and 7 per cent.

Which bank FD is best?

Fixed Deposit Interest Rates of Top 10 Banks in India for below Rs. 2 croreName of BankFor General Citizens (p.a)For Senior Citizens (p.a)Bank of Baroda2.90% to 5.30%3.40% to 6.30%IDFC Bank2.75% to 6.00%3.25% to 6.50%Bank of India3.25% to 5.30%3.75% to 5.80%Corporation Bank3.00% to 5.40%3.50% to 5.90%6 more rows

Can we deposit 1 crore bank?

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 much interest will I get for 10 lakhs?

Formula of Calculation of EMILoan amountInterest RateEMI per month5 Lakh8.35%Rs. 6,15910 Lakh8.50%Rs. 9,84715 Lakh8.60%Rs. 13,11220 Lakh8.70%Rs. 17,610

Can I deposit 2 crore bank?

Deposit of 2 crore & above is designed especially for HNIs, Corporates, SSO, and Government Institutions, to park their surplus funds and enjoy attractive returns on their high-value deposits….Key Benefits.FEATURESBENEFITSMinimum Deposit ValueINR 2 croreMinimum Tenure7 days

How much interest does 10 000 earn a month?

Interest calculator for a $10k investment. How much will my investment of 10,000 dollars be worth in the future? Just a small amount saved every day, week, or month can add up to a large amount over time….Interest Calculator for $10,000.RateAfter 10 YearsAfter 30 Years0.00%10,00010,0000.25%10,25310,7780.50%10,51111,6140.75%10,77612,51354 more rows

What will be the EMI for 20 lakhs home loan?

Check EMI Calculation for 20 Lakh home loan for 5, 10, 15, 20 Years or How much EMI you have to pay for 20 Lakh home loan amount per month?…EMI Calculation for 20 Lakh Home Loan amount for Various Tenure Options:Tenure OptionsEMI Per Month5 YearsRs.4056010 YearsRs.2426015 YearsRs.1912020 YearsRs.167202 more rows

How much interest do we get per month for 1 lakh?

Currently, the interest rate on savings bank deposits on balance up to Rs 1 lakh is 3.5 per cent. On balance above Rs 1 lakh, the interest rate is 3 per cent per annum, which is set at 2.75 per cent below RBI’s Repo Rate, with a minimum of 3 per cent for the entire balance.

What is the interest of 30 lakh in SBI?

Loan Tenure can range from 5 to 30 years. Interest rates in the range of 6.95% to 7.35%. SBI home loan EMI per lakh starts from ₹ 662. However, you can calculate your home loan EMI using SBI home loan calculator 2020.

What is the monthly interest on 50 lakhs?

If FD interest rate is 6.5%, then you get Rs 3.25 lakh on a fixed deposit of Rs 50 lakh in a year. This means you get a monthly interest of Rs 27,083. If FD interest rate is 7%, then you get Rs 3.5 lakh on a fixed deposit of Rs 50 lakh in a year. This means you get a monthly interest of Rs 29,167.