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What business can I start with 2 crore in India?

What business can I start with 2 crore in India?

1 Crores to 2 Crores – Businesses For Sale in India

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Can I get a loan of 2 crore?

Quantum of loan : Unsecured business loans are available from Rs. 5 lacs to Rs. 2 crores, depending upon financial eligibility of a borrower. Higher the eligibility, higher will be the loan sanctioned.

Is Rs 2 crore a good source of income in India?

Not many people in India are able to ask such questions. But jokes apart, the fact is that the monthly interest for Rs 2 crore fixed deposit in a bank might be a very good source of income for many people who can take care of the basic needs of a family for a very long time if not forever.

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How to earn Rs 2 lakhs per month from 2 crore?

To earn an income of Rs 2 lakh per month or Rs 24 lakh per annum from the corpus of Rs 2 crore, you must return of 12 per cent. However, there is no fixed income instrument that can currently offer you such rate of return. The prevailing rates in the market range between 6 and 7 per cent.

How much does it cost to start a small business in India?

Starting up this business demands a small capital investment of around Rs 50,000-Rs 1 lakh. You can begin in a small area of around 500 sq ft.

How much is the monthly interest on a 2 crore FD?

This means you get a monthly interest of Rs 1.17 lakh If FD interest rate is 7.5\%, then you get Rs 15 lakh on a fixed deposit of Rs 2 crore in a year. This means you get a monthly interest of Rs 1.25 lakh Obviously, the higher the rate of interest, the higher will be your monthly interest income.