How much is a century-old British war loan from India worth today?
A 109-year-old war bond held by a family in Madhya Pradesh has reappeared, raising curiosity about what the investment would be worth if it were paid back today. In 1917, the family provided a loan of ₹35,000 to the British Raj to support World War I operations, carrying an annual interest rate of 5.5%. With annual compounding, that initial ₹35,000 investment would have reached a value of ₹1.2 crore in the present day.
by shortkt.com✓