How to Double Your Money in India — Safely and Smartly

How to Double Your Money in 2025 and how long it takes based on a fixed yearly rate of return. Explore the best ways to double your money without risk
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How To Double Your Money in India in 2025
OPEN FD
4 min
24-June-2025

Doubling your money might sound ambitious, but with the right mix of discipline, smart choices, and a little patience, it’s entirely achievable.

It's essential to assess each investment's potential returns, associated risks, and time horizons. Some instruments offer guaranteed returns with lower risk, while others may provide higher returns but come with increased volatility. Diversifying your investments across different asset classes can also help in mitigating risks and achieving more stable growth.

Whether you’re saving for your child’s future, building a retirement fund, or simply growing your wealth—India offers a range of investment options to help you get there.

Ways to double your money

There are various ways to double your money, each offering different levels of risk and time commitment. Some of the most effective options include FD’s which are very safe and offers guaranteed returns. Kisan Vikas Patra (KVP), a government-backed savings scheme that doubles your investment in a set period. Corporate bonds provide higher returns than savings accounts. National Savings Certificates (NSC) offer tax benefits and fixed returns. The Public Provident Fund (PPF) is a long-term savings option with tax-free returns and compounding benefits. Tax-free bonds, issued by government entities, offer tax-free interest. Gold ETFs track gold prices, while ULIPs combine insurance with market-linked returns. Mutual funds diversify investments across asset classes. Each option should be assessed based on individual financial goals and risk tolerance. Some of the most effective methods include:

Start with Stable Foundations: Fixed Deposits

If you're looking for guaranteed returns with zero market volatility, Fixed Deposits (FDs) are one of the most secure ways to double your money over time. You can lock in your investment for a preferred tenure and earn interest at a fixed rate, without worrying about market fluctuations.

  • FDs are ideal for conservative investors
  • Interest compounded quarterly
  • Flexible tenures and premature withdrawal options

Want to see how fast your money can grow?Check FD Rates offered by Bajaj Finance or open FD account in minutes. Bajaj Finance FDs are AAA rated by CRISIL and ICRA. Also, the returns offered go up to 7.30% p.a.

Fixed Deposit

  1. Trusted by over 5 lakh customers
  2. Fixed Deposits worth more than Rs. 50,000 crore booked
  3. Rated CRISIL AAA/STABLE and [ICRA]AAA(STABLE)
  4. Up to 0.35% p.a. extra interest offered for senior citizens
  5. Flexible interest payout options available - Monthly, Quarterly, Half-yearly, Annually or at Maturity

By proceeding, you agree to our Terms and Conditions

Other popular Ways to Double Your Money in India

Let’s look at some other effective options available today:

1. Kisan Vikas Patra (KVP)

  • Type: Government-backed savings scheme
  • Interest Rate (2025): 7.5% p.a.
  • Maturity: Investment doubles in approx. 113 months
  • Risk: Low
  • Taxation: Interest is taxable; no Section 80C benefit

KVP is ideal for those seeking guaranteed returns with minimal risk. It requires a minimum investment of ₹1,000 and has no upper limit. While not the fastest route, it's safe and predictable.

2. Corporate Bonds

  • Type: Debt instruments issued by companies
  • Interest Rate: 7%–14% depending on issuer rating
  • Tenure: 1–10 years
  • Risk: Medium to High (based on issuer's creditworthiness)
  • Taxation: Interest taxed as per slab

These are suited for investors willing to take calculated risks for higher returns. Stick to AAA-rated companies for relatively safer bets.

3. National Savings Certificate (NSC)

  • Type: Fixed-income government scheme
  • Interest Rate (2025): 7.7% p.a., compounded annually
  • Tenure: 5 years
  • Tax Benefit: Eligible under Section 80C (up to ₹1.5 lakh)
  • Risk: Low

A reliable way to double your money over time, especially if you're also looking for tax-saving benefits.

4. Public Provident Fund (PPF)

  • Type: Long-term savings scheme
  • Interest Rate (2025): 7.1% p.a., compounded annually
  • Tenure: 15 years (extendable in 5-year blocks)
  • Tax Benefit: EEE – Exempt on Investment, Interest, and Maturity
  • Risk: Very low

PPF is best suited for long-term goals like retirement, thanks to its tax-free returns and guaranteed safety.

Prefer a more flexible option with shorter tenures and secure returns?Explore Bajaj Finance Fixed Deposits – trusted by over 50 lakh investors. Start with just Rs. 15,000 and get interest rate of up to 7.30% p.a.

5. Tax-Free Bonds

  • Issued By: Government-backed entities (like NHAI, IRFC)
  • Interest Rate: 6%–7.5% p.a.
  • Tenure: 10–20 years
  • Tax Benefit: Interest is tax-free under Section 10(15)(iv)(h)
  • Liquidity: Traded on stock exchanges

Great for investors in higher tax slabs who want a regular, tax-free income stream.

6. Gold ETFs

  • Type: Market-linked instrument tracking gold prices
  • Liquidity: High – traded on stock exchanges
  • Taxation: LTCG tax with indexation after 3 years
  • Risk: Medium (depends on gold price volatility)

An efficient way to hedge against inflation without the hassle of physical storage.

7. Unit Linked Insurance Plans (ULIPs)

  • Type: Hybrid of insurance + investment
  • Lock-in: 5 years
  • Returns: Market-linked
  • Tax Benefits: Under Section 80C and 10(10D), subject to conditions
  • Risk: Medium to High depending on fund type

ULIPs offer long-term growth potential, but also come with charges and market risks.

Fixed deposit variants

Highest Credit Ratings | Trusted with over 1.4 million Deposits | Assured Returns on FD
Recommended

Fixed Deposit - 60 Months

INTEREST RATES UP TO
7.30% p.a.
Invest Online

Fixed Deposit - Senior Citizen

INTEREST RATES UP TO
7.30% p.a.
Invest Online

Fixed Deposit - Age below 60

INTEREST RATES UP TO
6.95% p.a.
Open FD

Fixed Deposit - Minor

INTEREST RATES UP TO
6.95% p.a.
Open FD

Fixed Deposit - HUF

INTEREST RATES UP TO
6.95% p.a.
Open FD

Fixed Deposit - Sole Proprietor

INTEREST RATES UP TO
6.95% p.a.
Open FD

How long does it take for your money to double

You can use the Rule of 72 to estimate it:

Time (years) = 72 / Annual Rate of Return

Here’s how it plays out:

Rate of Return

Time to Double

6%

12 years

9%

8 years

12%

6 years

 

Want a guaranteed way to grow your money securely? Check Eligibility for a Fixed Deposit by Bajaj Finance with flexible tenures and high interest rates of up to 7.30% p.a.

Can you use multiple methods to double your money?

Absolutely—and you should.

Here is a smart way to plan:

  • Set Clear Goals: Short-term needs → NSC or FDs | Long-term → PPF or tax-free bonds

  • Know Your Risk Appetite: Conservative? Stick to FDs, NSC, PPF.

  • Diversify: Balance between secure and growth-focused options.

  • Be Consistent: Invest regularly via SIPs or recurring deposits.

  • Review Periodically: Markets shift. Realign your strategy every 6–12 months.

By using a blend of low-risk and moderate-return avenues, you will not only protect your capital but also give it a steady path to doubling.

Also Read: Different types of investment options

Conclusion

Doubling your money is not about chasing shortcuts—it is about making smart, calculated choices that match your financial goals. Whether it is through government-backed schemes, corporate bonds, or a reliable Fixed Deposit, India offers multiple trusted ways to grow your wealth.

The key lies in consistency, diversification, and early planning. Start small, stay disciplined, and watch your savings compound into something meaningful.

Ready to begin your journey with safe, assured returns?
Open FD Account or Check FD Rates with Bajaj Finance today. Start with as low as Rs. 15,000.

Calculate your expected investment returns with the help of our investment calculators.

Investment Calculator

FD Return Calculator

Sukanya Samriddhi Yojana Calculator

PPF Calculator

RD Calculator

PF Calculator

Gratuity Calculator

 

Frequently asked questions

What are the safest ways to double my money?
Safe ways to double your money include government-backed options like Kisan Vikas Patra (KVP), National Savings Certificates (NSC), and Public Provident Fund (PPF). These investment avenues offer guaranteed returns and minimal risk, making them ideal for conservative investors seeking secure and predictable growth over time.

Are there ways to double my money without risk?
While no investment is entirely risk-free, certain government-backed schemes like Kisan Vikas Patra (KVP) and PPF offer low-risk and relatively safe avenues to grow wealth. Though returns may take time to materialise, these options provide assurance of capital protection, making them suitable for risk-averse investors seeking steady growth.

What is the Rule of 72 to double money?
The Rule of 72 is a simple formula to estimate the time required to double an investment at a fixed rate of return. By dividing 72 by the annual interest rate, you can approximate the number of years it will take to double your investment. For example, at 9% return, it takes 8 years.

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Disclaimer

As regards deposit taking activity of Bajaj Finance Ltd (BFL), the viewers may refer to the advertisement in the Indian Express (Mumbai Edition) and Loksatta (Pune Edition) furnished in the application form for soliciting public deposits or referhttps://www.bajajfinserv.in/fixed-deposit-archivesThe company is having a valid Certificate of Registration dated March 5, 1998 issued by the Reserve Bank of India under section 45 IA of the Reserve Bank of India Act, 1934. However, the RBI does not accept any responsibility or guarantee about the present position as to the financial soundness of the company or for the correctness of any of the statements or representations made or opinions expressed by the company and for repayment of deposits/discharge of the liabilities by the company.

For theFD calculatorthe actual returns may vary slightly if the Fixed Deposit tenure includes a leap year.

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