For 100000, it should display 1 lakh,
For 200000, it should display 2 lakhs,
.......................
For 10000000 it should display 1 Crore. I'm not able to get the exact condition how to enable it. Here is my code

<select name="sumAssured" class="sumAssured" id="sumAssuredDktp" data-action="change:edit" data-actionLoc="offer:healthCover">
                                <s:iterator value="%{#sumAssuredList}" var="sa" status="rowstatus">
                                    <fmt:formatNumber value="${sa/100000}" minFractionDigits="0" maxFractionDigits="1" var="saLakh"/>
                                    <option value="<s:property value="%{#sa}"/>" <s:if test="%{#sa == #sumAssured.toString()}"> selected="" </s:if> >
                                            ${saLakh} Lakh<c:if test="${saLakh > 1.0}">s</c:if>
                                    </option>
                                </s:iterator>
                            </select>