Find out in an instant where your money will double fast, no need to count down the days every day.

New Delhi. There are many investment options in the market in which you can invest money. Although returns are available on all types of investments, what is the option that will double your money the fastest? Today we are going to tell you about some such options that will keep your money safe as well as give you good returns.

If you also want to calculate your return on investment and find out which type of option doubles money faster. For this you have to apply the Rule of 72 formula to your investment. Whatever interest you get for that, the result you get when you divide it by 72, is the time to double your money. We give a complete calculation of how much time will be required for each option.

1. Bank FD: Currently, interest rates on bank FDs have increased and many banks offer interest up to 8 percent. If we look at this interest, your money will double in 9 years.

2. PPF: PPF is earning interest at the rate of 7.1% per annum. It will take 10.14 years for your money to double.

3. Sukanya Samrudhi Yojana: Interest in the scheme has increased to 8.2 percent since January. If you divide that interest by 72, your money will double in 8.7 years.

4. Kisan Vikasputra: 7.5% interest is available in this government scheme. If you divide that interest by 72, you get 9.6, which means your money will double in 9.6 years.

5. NSC: At present 7.7% interest is available in National Savings Certificate. At this interest rate, your money will double in 9.3 years.

6. NPS: The National Pension System earns an average interest of 10 to 11 percent. If you look at an average interest rate of 10.5 percent, your money will double in 6.8 years.

Tags: investment scheme, Investment Tips