How we can double a money in one sec

1.	How we can double a money in one sec
Answer» re many investment avenues which can increase money twice the original. Corporate deposits is one of them. Non banking financial companies (NBFCs) and Corporates offer higher interest rates for non-convertible DEBENTURES and corporate deposits, in comparison to fixed deposits of banks. The RATE of RETURN for these deposits is AROUND 9 to 10%, based on ICRA ratings and term of the deposit. It would take around 8 years for the money invested in this scheme, to double. Corporate deposits are issued by companies while on the other hand NCDs are issued by companies that also include NBFCs.

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