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Q.

How Much Should I Deposit to Receive Rs. 10,000 Per Month?

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8 months

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To get Rs.10,000 per month (Rs.1,20,000 annually) in India, you need to deposit around Rs.15 to Rs.20 lakh, depending on the interest rate. For example, at a 6% annual interest rate (common in fixed deposits), you’d need Rs.20 lakh. If you choose higher-yield options like mutual funds or senior citizen savings schemes offering 8%, Rs.15 lakh may be enough. The required deposit varies with the risk, returns, and tax implications of the investment. I hope this answers your query, how much should I invest to withdraw Rs 10000 per month in India.

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