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 6165 1 Million
9 Year 7067 1 Million
8 Year 8199 1 Million
7 Year 9662 1 Million
6 Year 11618 1 Million
5 Year 14367 1 Million
4 Year 18501 1 Million
3 Year 25407 1 Million


Multi Millionaire Federal Savings Fund


Monthly Premium (in Rs.) Months Maturity Amount (Rs)
6165 120 10 Lac
12331 120 20 Lac
18496 120 30 Lac
24661 120 40 Lac
30826 120 50 Lac
36991 120 60 Lac
43156 120 70 Lac
49321 120 80 Lac
55486 120 90 Lac
61651 120 100 Lac



Crorepati Federal Savings Fund


Period Monthly Installment Maturity Amount (in Rs.)
10 Year 61651 1 Crore
9 Year 70665 1 Crore
8 Year 81989 1 Crore
7 Year 96611 1 Crore
6 Year 116180 1 Crore
5 Year 143668 1 Crore
4 Year 185010 1 Crore
3 Year 254064 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.