- Amount invested
- ₹10,00,000
- Time
- 5 years
- At 8% a year
- ₹14,69,328
- At 12% a year
- ₹17,62,342
- In a 7% FD (quarterly)
- ₹14,14,778
How long to double
At 12% money doubles in about 6 years (72 ÷ 12). At 8% it takes about 9 years.
₹10,00,000 invested once for 5 years can grow to about ₹17.6 lakh at a 12% yearly return. In a 7% fixed deposit the same money would become about ₹14.1 lakh.
At 12% money doubles in about 6 years (72 ÷ 12). At 8% it takes about 9 years.
| Year | Invested | Value at 12% |
|---|---|---|
| 1 | ₹10,00,000 | ₹11,20,000 |
| 2 | ₹10,00,000 | ₹12,54,400 |
| 3 | ₹10,00,000 | ₹14,04,928 |
| 4 | ₹10,00,000 | ₹15,73,519 |
| 5 | ₹10,00,000 | ₹17,62,342 |
Rates used: October–December 2026 where a government rate applies. Results are estimates.