Where Should I Invest If I Want to Build an Investment Plan of Rs. 1 Crore in 10 Years?

  • Deposit
  • 17 Days ago

Written by - Shriram

Are you confused about where to invest a massive amount like Rs. 1 crore in 2022 and get profitable assured returns in the future? Here’s an article to help you build an investment plan and secure your future.
Since COVID-19, the worldwide economy has been in bad shape, trying to recover and help investors make marginal profits in market-based investments. However, a Fixed Deposit (FD) account is one of the few stable investment options that gave assured returns to the investors as the FD interest rates did not fluctuate during the COVID-19 crisis. Therefore, to build a safe and profitable investment portfolio, investing Rs. 1 crore in Shriram Fixed Deposit – one of India's best fixed deposit investment plans is the right choice.


Where Should I Invest Rs. 1 Crore?

Investing is one of the most challenging decisions, although it sounds and looks easy. As an investment involves a lot of money, you should be very careful and plan well in advance for a safer investment experience and profitable returns. Safety and higher returns are the two most crucial factors you should consider when making any investment, especially when it is worth Rs. 1 crore.
A fixed deposit is the safest and most profitable investment tool that guarantees assured returns and higher FD interest rates for investors to plan their future with assurance. In a fixed deposit, you can know your returns even before you start the investment.
A fixed deposit is a go-to investment instrument for risk-averse investors who want to accomplish long-term goals like buying a house, planning a kid’s education, and retirement. As there has been a pattern of market fluctuation since COVID-19 disrupted the financial market, an FD is one of the best investment plans investors rely on to make higher returns. Investors prefer an FD as it is safer than other equity investments like Mutual Funds (MFs), (Systematic Investment Plans) SIPs, and Stocks.
 

Invest 1 Crore in a Fixed Deposit with Shriram

Rs. 1 crore is a massive amount of money that has to be invested rightly to get a good ROI (Return on Investment). Shriram Fixed Deposit is one of India's best fixed deposit plans to park Rs. 1 crore as an investment. Shriram offers one of the highest fixed deposit interest rates of up to 8.75% per annum. Hence, opening a fixed deposit account with Shriram is the right choice.
In addition, Shriram provides two fixed deposit plans for investors to build a strong investment portfolio. They are cumulative fixed deposit accounts (get a lump sum and higher FD returns at maturity) and non-cumulative fixed deposit accounts (get your FD returns in monthly, quarterly, half-yearly, and yearly payouts).
A fixed deposit with Shriram is one of the best investment plans in India because it offers attractive and assured returns, a choice of interest payout, and premature withdrawal to all investors, even in times of financial crisis. Besides, you can see your savings grow and yield higher FD returns than most banks and NBFCs. Shriram allows you to open a fixed deposit according to your convenient tenure of 7 days – 5 years.
Shriram Fixed Deposit assures competitive interest rates for both short-term and long-term investments. However, it is best to know that a fixed deposit with the longest tenure will attract the highest interest rate and benefit you significantly.
 

Benefits of Shriram Fixed Deposit

Shriram Fixed Deposit offers investors many benefits that motivate them to reinvest their returns in a new fixed deposit account. Below are the top five benefits you should know before making an Rs. 1 crore investment plan.
Capital Protection – You can invest in an NBFC like Shriram as it offers assured capital protection against your hard-earned money.
Guaranteed Returns – Shriram Fixed Deposit is rated “IND AA+/Stable” by India Ratings & Research and “[ICRA]AA+ (Stable)” by ICRA for safety; hence you can safely invest your money and get assured returns.
Highest Interest Rates – Shriram offers one of India's highest fixed deposit interest rates of up to 8.75% per annum.
Flexible Payouts – When you book a non-cumulative fixed deposit with an investment amount of Rs. 1 crore, you can earn excellent returns on a monthly, quarterly, half-yearly, and yearly basis.
Loan Against an FD – You can always take a loan against an FD if you book an FD with Shriram.
Steps to Open an FD Account Online
Before you open a fixed deposit account with Shriram, you can use an online FD calculator  to find the exact returns you will get if you invest Rs. 1 crore with Shriram.

Here is a step-by-step guide on how to open an FD account online:
  • Create a new login ID or use an existing login ID to enter the Shriram Fixed Deposit portal.
  • Choose “Open Fixed Deposit Account” from the menu available in the portal.
  • Add details like principal amount, tenure, and nominee details to open a fixed deposit account.
  • Submit your address and identity proof, and complete your KYC (Know Your Customer) verification.
  • Use your net banking to deposit the principal amount into your newly opened fixed deposit account with the NBFC.
  • Upon deposit confirmation, download the fixed deposit certificate for records.

Invest Now with Shriram

Now, as you know, how to build an investment plan of Rs. 1 crore, make the best investment choice to open a fixed deposit account with Shriram and enjoy profitable returns in the future. Besides, as Shriram is offering one of the highest interest rates in India, up to 8.75% per annum, now is the right time to book an FD with Shriram.


FAQs

What will be the value of Rs. 1 cr after 30 years?

An online FD calculator is the best way to find the value of Rs. 1 crore after 30 years. However, when you invest in an FD with Shriram for a maximum tenure of 5 years and then reinvest your maturity amount, you can easily double your Rs. 1 crore investment.
 

What is the monthly interest on 1 crore?

When you invest in Shriram Fixed Deposit, you will get monthly interest amounting to Rs. 66,334. You can also use an online FD calculator to find the exact interest amount according to your convenience.
 

Should I invest Rs. 1 crore in a fixed deposit?

Shriram Fixed Deposit is one of the safest and most convenient ways to see your savings grow. Rest assured, you will earn excellent returns and build a profitable investment portfolio.
 

Key Highlights

  • Since COVID-19, the worldwide economy has been in bad shape, trying to recover and help investors make marginal profits in market-based investments.
  • A Fixed Deposit (FD) account is one of the few investment options that are stable and gives assured returns to the investors
  • To build a safe and profitable investment portfolio, investing Rs. 1 crore in Shriram Fixed Deposit – one of India's best fixed deposit investment plans is the right choice.
  • Shriram is offering one of the highest interest rates in India of up to 8.75% per annum; hence now is the right time to build an investment plan of Rs. 1 crore.