I need a financial plan using Laon against FD
I want to take 10Lakh from Bandhan Bank at 9.47% interest for 5 years I will pay around 21000/month EMI for those 5 years from my job, while that 10 Lakh gets invested in Bandhan bank or some other bank at 8% interest rate for 5 years . After 5 years once I pay off loan, I get my matured amount of FD which is completely mine should be around 14Lakh. Now I want to build a house with 4 Lakh and I want to invest rest money around 10Lakh in NPS till I turn 60 I am 31 now, so I want to know if It is a good financial savings plan.
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