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How do I get 1 lakh per month through bank deposit?

If you want Rs. 1 lakh per month from a bank deposit as interest you need to deposit Rs. 1.5 crores in a fixed deposit that pays 8% interest per year. @ 8% your deposit of 1.5 crores will earn Rs. 12 lakhs as interest every year which when divided by 12, you will get 1 lakh every month. Banks will be more than happy to even offer a slightly higher rate - sau 8.5 or 9% for such large deposits.


How much interest will a deposit of rs 1lacs fetch in 1months in sb?

The interest earned on a deposit of ₹1 lakh in a savings bank account for one month depends on the bank's interest rate, which typically ranges from 3% to 4% annually. For example, if the interest rate is 3.5% per annum, the interest for one month would be approximately ₹291.67 (calculated as ₹1,00,000 x 3.5% / 12). However, this can vary based on the specific bank and its terms.


How much interest you ii get for 5 lakh in 2 months in fix deposit?

The answer will depend on the rate on interest!


What is incom of atif aslam?

2.5 lakh per month


How much does a veterinary doctor earn in haryana?

2 lakh per month


How much do an AME earn?

More than 3 lakh per month...it depends on authorization of AME


How many thousands in 4.40 lakh?

4.40 lakh/1000 = 4404.40 lakh/1000 = 4404.40 lakh/1000 = 4404.40 lakh/1000 = 440


How much is 72 lakh or 55.2 lakh?

72 lakh is 7,200,000 55.2 lakh is 5,520.,000


What is a lakh worth?

a lakh=100,000


What is the salary of software engneering in srilanka?

an experienced software engineer can earn 4 to 7 lakh per month in sri lanka.


How do you write 1.8 lakh in figures?

1.8 lakh crore how to wright


How do i write 50000 in lakh?

It is 0.5 lakh.