- Amount invested
- ₹2,00,000
- Time
- 3 years
- At 8% a year
- ₹2,51,942
- At 12% a year
- ₹2,80,986
- In a 7% FD (quarterly)
- ₹2,46,288
How long to double
At 12% money doubles in about 6 years (72 ÷ 12). At 8% it takes about 9 years.
₹2,00,000 invested once for 3 years can grow to about ₹2.81 lakh at a 12% yearly return. In a 7% fixed deposit the same money would become about ₹2.46 lakh.
At 12% money doubles in about 6 years (72 ÷ 12). At 8% it takes about 9 years.
| Year | Invested | Value at 12% |
|---|---|---|
| 1 | ₹2,00,000 | ₹2,24,000 |
| 2 | ₹2,00,000 | ₹2,50,880 |
| 3 | ₹2,00,000 | ₹2,80,986 |
Rates used: October–December 2026 where a government rate applies. Results are estimates.