Best way to get monthly income out of 1 lakh deposit

in current scenario, better search safe place instead of high interest.

kahee interest k chakkar mai, paisaa fass naa jaaaye

I also searching same

Risk hai to ishq hai lala to invest in equity or else go for PPF

Bank deposits hardly fetch you any interest if you are considering on monthly basis. People loan money from people at varied interest rate starting from 12% – 36% per annum. Risk is huge in such cases, but again if you have trusted needy folks around, it might work well. Also remember not to loan money to any of your friends whom you don’t want to loose.

On a lighter note, rotate money on dd in form of GVs.

Every people now a days -

1. I want early retirement
2. I want to earn money fast and travel world rest half
3. I want to earn monthly income on deposiit
4. Students after study is complete, how can i retire today?

Bhai Log, For those who say there is no job, its wrong, no one wants to work (or seek to make easy income)

Disclamer – The above statement is not completely valid, Unemployment has increased to some 30-40 years low (thanks to corona and modiji) but the attitude of people towards work has gone down and everyone thinking to make money by

1. Deposits
2. Stocks and mutual funds
3. Land investments
4. Dream11 (yes there are people who think dream 11 will solve every issue in their life)

Now, to answer op question, You wont be able to generate even for you day to day spening with 1lakh

But, you can start a business (need to be caution, corona has not gone down) or some thing (this you can answer better) to earn more on it)

Safe – Post office, FD with Nationalized banks / Big Pvt banks , Treasury Bills , Mutual funds (liquid, overnight)

Medium – Fd with other banks, Corporate fd with big players, Mutual fund (debt)

Risky – other than above.

May have missed..some one can add other modes.

Return depends on risk class & duration u choose

How much u r currently gettimg out of that 1L
And how much u r expecting.

Monthly u can invest 1L or it’s one time investment

POMIS…Post office monthly income plan.

PM Jan dhan khata. Get 15 Lakh interest

Let me repeat i am been just been entrusted by a family for generating monthly income for another family member

Amount is 60-1lakh one time
Monthly income maximum needed and i dont care what expense it meet or not just whever it be the best

My first option is post office just quering if there is anything better then it

Mutual fund look promising but compelx

Again repeating my question indont why people are not getting it

1. One time investment of 1 lakh
2. Maximum possible monthly income in form of monthly return

My friend @OnlineBewda is here ab deko maja

i can give you 1000

You can invest in TC from 10 accounts and get 35% in 9 months, pay someone’s bill in 5% discount and get 30% money in bank.
Risk Is Huge, But Still One can consider

Best way. 🙂🙂🙂 Fixed deposit. That’s all I can think of.

Yes. Fixed deposit & Agriculture land purchase are the perfect choice . Don’t go with stock market without experience. Already my 2lacs stuck with there.

Possible but monthly income will be Rs. 500-600.

Which bank is giving best fd rate?