Beat FD interest Rates – Use Crorepati calculator to become
Crorepati, Nov, 2018

Who doesn't want to be a crorepati? Question is in how much time to be a crorepati? Find out here
Monthly Amount you can invest
Interest Rate you can invest at

If you invest 4,000 every month at interest of % per annum

you will become Crorepati in


You are a convicted murderer – You murdered your money. The murder weapon was Bank Fixed Deposits or Bank FDs.

Investing Rs.50000 per month in Bank FD makes you crorepati in 10.5 years.

Investing Rs.50000 per month in better options makes you crorepati in 9 years.

You pay Rs.9 lacs extra and wait for 1.5 years more to become a crorepati if you invest in Bank FDs.

So you still don’t believe me. So you still think that FD is the best Financial Planning tool available to you & it is the best pension plan you are securing for your future.

The need for this Crorepati Calculator

We made this calculator specially for morons like you who wouldn’t believe what a great dis-service they are causing by investing in FDs. By bringing this calculator, we wanted to showcase to you the amount of time you will take to become a crorepati if you invest a fixed amount every month at a particular rate for interest.

We have seen people caring for their FDs across the Banks & its branches. FD are not your option for a secure pension. They will rather ensure to you die poor.

Use this calculator by changing figures of rate of interest to see what differences it makes.

How to use this calculator

The use of this calculator is very simple. You just have to enter 2 things:

1. Monthly amount you can invest

This is the amount you can spare for investment every month. You have to be disciplined to ensure you invest this amount every month. I would like to emphasise the usage of the word INVEST here. It is not spare amount kept in your Bank’s Savings Account. It is the amount you take extra step of carefully investing into a financial instrument of your choice. The amount can be as low as Rs.5000 and it could be as high as the amount you think you can easily take out monthly to invest.

2. Interest Rate you can invest at

This is something very critical. This is the figure that you should keep on changing around and see what kind of difference does it make to you in becoming a crorepati.

Typically the lowest interest earned would be from savings account in the region of 4-6%.

Bank FD interest rates would be around 6-7%.

Average returns from Debt funds (mutual funds) can be around 8-10%.

Average returns from balanced funds (mutual funds) can be around 9-12%.

Average returns from Equity funds (mutual funds) can be around 12-14%.

Try changing interest rates and see the difference in output you get.

Output – Output from this calculator is simple. It gives you TIME IN WHICH YOU WILL BECOME A CROREPATI. LESS the interest you invest at, MORE the time you will take to become a crorepati. Please note something very important as well. MORE time also means that you will be putting in more of your own funds as you are investing every month. SO in case you are investing Rs.50000 every month. A 12% option makes you crorepati in 9 years. A 8% option makes you crorepati in 10.5 years. You will have invested Rs.9 lacs of your own in this extra 1.5 years.

So it is a double whammy – not only you are taking MORE TIME but also investing MORE OF YOUR FUNDS to become a crorepati. This is painful, isn’t it?

Please go through below offers from experts at BankerBhai to ensure that you become crorepati legally as soon as practically possible.

How to become crorepati faster?

Simple. Make power of compounding work for you in your favour. And, play as per the merit of the ball.

Power of Compounding – It is very difficult to explain it to non-finance people. The best analogy I can try is a simple game. If I tell you to give me 1 paise on Day 1 of a month and just give me double of that next day and keep on doubling every day. I mean, give me 1 paise on Day 1, 2 paise on Day 2, 4 paise on Day 3 and continue doing this for a month.

On Day 10, you will be giving me Rs.5, on Day 20 you will be giving me Rs.5000 but on Day 30, you will be liable to pay me Rs.53.68 lacs. Yes, that’s the power of compounding. Interest applied to your investments for a longer period generates these kind of mind boggling returns. The more the interest, the higher the mind boggling effect.

Play as per merit – INVEST more & go for more risk (invest in equities) when you are younger. People do complete the opposite. They SPEND more as they say they don’t have to save for anything. Plus their parents or friends ask them to invest in safe instruments like Fixed Deposits. Both things kill your money. As you keep on getting older, then depending on your goals, you have to invest in a mix of products.

Use our ASSET ALLOCATION calculator to find out how to invest depending your age, goal & risk profile.

We have another crorepati calculator that tells you how much to invest every month to become a crorepati, if you have fixed a time period to become a crorepati.

I would suggest mix of mutual funds to reach your strategy of becoming a crorepati. Particularly SIP (Systematic Investment Product) of Mutual Funds if used with expert guidance can really beneft you a lot. You can find best Investment Experts on


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