Quick Answer: What Can I Do With 5 Lakhs?

How do you write 1 lakh in check?

Writing the word Lakh is correct….You can write like this:One lakh.One lac.One hundred thousand..

How can I earn 50000 per month?

earn 30000 to 50000 per month without any investment JobsAuto detailing/ Auto Upholstery.E-Rickshaw Driver.Livein maid.food packaging.Anchor. News Editor. Reporter/Sub Editor.Retired Military Personnel.Abacus.

What can we do with 1 lakh?

10 Best ways to Invest 1 Lakh for good returns1 Mid-cap, Multi-cap Mutual Fund. The first best way to invest 1 Lakh for the good returns is Midcap or Multi-cap Mutual Funds. … 2 ELSS. … 3 Balance Fund. … 4 FMP or Debt Fund. … 5 Equity. … 6 Public Provident Funds. … 7 Sukanaya Samriddhi Scheme. … 8 Bank Fixed Deposit & Tax Saver Deposit.More items…•

How many dollars is 5 lakhs?

Convert Indian Rupee to US DollarINRUSD1000 INR13.4261 USD5000 INR67.1305 USD10000 INR134.261 USD50000 INR671.305 USD7 more rows•Nov 2, 2020

How many Indian rupees make a lakh?

one hundred thousand rupeesA Lakh Rupee is one hundred thousand rupees and a crore rupee is ten million rupees.

Can I deposit 50 lakhs in my account?

Deposits in Current Accounts : Cash deposits or withdrawals aggregating to Rs 50 lakh or more in a financial year in one or more Current Account of a person will have to be reported by the bank to the I-T authorities.

How can I earn 1000 rupees per day?

How To Earn 1000 Per Day?Start A Blog To Earn 1000 Per Day.Earn Money By Placing Sponsored Content On Your Blog.Earn With Adsense.Earn With Link Text.YouTube Earning.Display Ads.Become Writer.Earn By Taking Surveys.More items…•

How can I earn 1 lakh in a month?

For trading business, you need to have your Demat &Trading Account. This is one of the Best method out of 11 Best & Real Ways to Earn 1 Lakhs Per Month Online. Online Selling is the best and simplest method to earn money online. I am sure you all must be aware of Online Selling, If not, I will let you know the same.

Which is the safest business in India?

Top 36 Small Business Ideas in India:Blogging. One cannot overemphasize enough on how blogging is the number one way to start earning online with zero to low investment and unlimited earning potential. … Affiliate Marketing. … Virtual Assistant. … Courier Service. … Social Media Manager. … Online Tutor. … Online Course. … Event Planner.More items…•

How can I write 1 lakh in English?

A lakh (/læk, lɑːk/; abbreviated L; sometimes written lac) is a unit in the Indian numbering system equal to one hundred thousand (100,000; scientific notation: 105). In the Indian 2,2,3 convention of digit grouping, it is written as 1,00,000.

How can I make 1 lakh fast?

#1. By Stock Market Trading. … 2# By Online Selling. Online Selling is the best and simplest method to earn money online. … 3# Become a Freelancer. If you have skills and don’t want to invest money then start working as a freelancer. … #4. Become a Consultant. … 5.#By DropShipping. … #6. … #7. … #8.More items…•

Is crore an English word?

The word crore is a borrowing from the Prakrit word kroḍi, is in turn from the Sanskrit koṭi, denoting ten million in the Indian numbering system, which has separate terms for most powers of ten from 100 up to 1019. The crore is known by various regional names.

What business can I start with 5 lakhs?

BusinessSkills neededAmount you need to start (Rs)Food deliveryMarketing and sales15,000Uniform makingMan management20,000Property managementMarketing and sales50,000Telecom Business ConsultantcyNetworking50,00016 more rows•Oct 26, 2007

How can I earn 50 lakhs in 5 years?

How Can You make Rs. 50 lakh in 5 years?1.HDFC Small Cap Fund.2.L&T Emerging Businesses Fund.Parag Parikh Long Term Equity Fund.Mirae Asset India Equity Fund.The Moderate Investor.1.Invesco India Contra Fund.Axis Focused 25 Fund.3.Principal Focused Multicap Growth Fund.More items…•

How much is 3 lakhs?

As you can see, 3 lakh is the same as 0.3 million.

How can I become Crorepati in 5 years?

To get to Rs 1 crore in five years, you need to invest at least Rs 1.2 lakh, assuming an annual return of 12 per cent per year. You might get around Rs 45 lakhs if you invest Rs 50,000 for five years. Ideally, you should invest for a longer term in equities.

How do you write lakh in words?

At least in India, both are in practice. However, if you typically go by its Hindi origin ‘लाख’, the spelling ‘Lakh’ is proper. It’s worth noting that OALD has an entry for ‘Lakh’ and not ‘Lac’. [Personally, I prefer/practice ‘Lakh’].

How do you write 100000 in English?

100,000 (one hundred thousand) is the natural number following 99,999 and preceding 100,001. In scientific notation, it is written as 105.

How much lakhs is 60?

As you can see, 60 lakh is the same as 6 million.

How do you write 5 lakhs?

Let’s take a 6-digit number 5,46,783. According to the Indian place value system, it is written as Five lakh, forty-six thousand, seven hundred and eighty-three.

How can I invest 5 lakhs wisely?

5 Best Options For Those Looking To Invest Upto Rs 5 LakhsShares of Coal India. This is a suggestion that may come as a little bit of a surprise. … Fixed Deposits of Mahindra and Mahindra. The fixed deposits of Mahindra and Mahindra offer a good interest rate. … IDFC First Bank. … Bajaj Finserv Fixed Deposits. … Shriram Transport Finance.