Dear Shreekanth,
I want to invest 1 lakh rupees. & need monthly income from that money. I checked with post office monthly income scheme but it is 5 years scheme. My time horizon is one year.
Can you please suggest me some monthly guaranteed income fund ?
Thanks and regards,
Vinoth GS
1 Answers
Dear Vinoth,
Kindly go for bank FD :)
Check IDFC FIRST BANK Rate. 8.5% for 2 years. +0.5 % for senior citizens.
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