Millionaire Deposits - Investment Options

Investment options for our Millionaire Deposit Schemes are given below. Monthly installment is calculated based on present interest rates on NRE Fixed Deposits. Monthly Installments are subject to change on revision of interest rates.

Millionaire Federal Savings Fund


Period Monthly Installment Maturity Amount (in Rs.)
10 Year 5918 1 Million
9 Year 6813 1 Million
8 Year 7939 1 Million
7 Year 9395 1 Million
6 Year 11345 1 Million
5 Year 14087 1 Million
4 Year 18214 1 Million
3 Year 25111 1 Million


Multi Millionaire Federal Savings Fund


Monthly Premium (in Rs.) Months Maturity Amount (Rs)
5918 120 10 Lac
11836 120 20 Lac
17753 120 30 Lac
23671 120 40 Lac
29588 120 50 Lac
35506 120 60 Lac
41424 120 70 Lac
47341 120 80 Lac
53259 120 90 Lac
59176 120 100 Lac



Crorepati Federal Savings Fund


Period Monthly Installment Maturity Amount (in Rs.)
10 Year 59176 1 Crore
9 Year 68128 1 Crore
8 Year 79388 1 Crore
7 Year 93944 1 Crore
6 Year 113447 1 Crore
5 Year 140864 1 Crore
4 Year 182132 1 Crore
3 Year 251103 1 Crore


NRI Investment in India

Of late, India has become a favorite destination for investors around the world. The popularity of Indian leadership, improved foreign relations, stable and reformist government, multi-year low inflation and interest rates, promising future of the economy, etc are the key factors behind this. These create a highly favorable condition for NRI investors to explore the best investment options in India. 
There are various options for NRI investment in India. The best investment options in India for NRI's are Bank Fixed Deposits. Apart from this, other options of NRI deposit are Mutual Funds, Direct Equity, Real Estate, Investment in Bonds and Government Securities, Certificate of Deposits, National Pension Scheme (NPS), etc. 
The first thing to do for NRI deposit is to open an NRE/NRO bank account. Once you have this account, you can start investing in any of the above plans. For NRE Fixed Deposits, banks offer easy monthly installment schemes where you invest for a fixed lock-in period and get returns. Another benefit of NRI deposit is that if the investment is made through NRE account, it is tax-free, while the investment made through NRO account is subjected to TDS. Fixed Deposits also offer good returns as normally the interest rate is high when compared to other bank deposit schemes. Moreover, for NRE Fixed Deposits, interest rates differ from that of normal Fixed Deposits.
Also, NRIs can invest in Saving Account and Current Account apart from NRE Fixed Deposits. Other benefits of NRE accounts to the investors are that it allows Repatriation benefits as NRE Saving Account allows easy movement of funds because it repatriates both interest and principle abroad. Convenience benefit is another important advantage as most of the banks allow you to open NRE account online. Yet another benefit is that you can open a joint NRE account with another NRI. Mandate Holder benefit is another advantage of NRE Savings Account which allows you to appoint a mandate to operate your account on your behalf. So, NRI investment in India is easy, profitable and gives you good returns over a longer time.