Sreekanth garu, is there any income plan where i can invest in lumpsum in first month and then second month onwards i can get a monthly fixed income/dividend?....if i invest 2-3lacs at once as lumpsum...what would be approx monthly income? which is the best plan which can give a monthly income of 10thousand per month..
1 Answers
Dear Ashok,
If you would like to consider safe and guaranteed schemes, you may consider MIS scheme of Post office.
An individual can invest up to Rs 4.5 Lakh for 6 years and monthly income is payable.
If you invest Rs 3 Lakh, you can get around Rs 1,900 per month for 6 years and on maturity you get back your investment.
Are you willing to take some risk? How long would you like to get this monthly fixed income?
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