Invest 4-8 Lacs with no Risk

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Last Comment 2019-11-08

2019-11-04

Dear Dimers please help, want to invest 4-8 lacs without risk with maximum return with senior citizen profile. Please suggest how can i get max returns.

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https://www.desidime.com/discussions/invest-4-8-lacs-with-no-risk?page=1#post_6248413

sardasa

2019-11-04

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RBL Bank FD is giving 8.15% interest rate.

https://www.desidime.com/discussions/invest-4-8-lacs-with-no-risk?page=1#post_6248420

SunnyKh

2019-11-04

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8.60 percent for senior citizens savings schemes, for 5 years, upto 15 lakh can be invested

https://www.desidime.com/discussions/invest-4-8-lacs-with-no-risk?page=1#post_6248482

xuseronline

2019-11-04

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This is probably the safest option at present.

https://www.desidime.com/discussions/invest-4-8-lacs-with-no-risk?page=1#post_6248468

BAT_MAN

2019-11-04

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Bajaj Finance FD
8.45% pa for 36 to 60 months
8.70% pa for senior citizen for 36 to 60 months

https://www.desidime.com/discussions/invest-4-8-lacs-with-no-risk?page=1#post_6248493

rogerthat

2019-11-04

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invest in SCSS

8.6% interest

term 5 years

deduction under 80c

premature withdrawal permit after 1 year

available with all Banks as this GOI scheme

https://www.desidime.com/discussions/invest-4-8-lacs-with-no-risk?page=1#post_6248557

SunnyKh

2019-11-04

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Only Union Bank gives this, rest all said we don’t even know about this

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https://www.desidime.com/discussions/invest-4-8-lacs-with-no-risk?page=1#post_6248581

karanoshan

2019-11-04

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Open FDs in small finance banks like jana bank they offer 9.00% to senior citizen
Open FD upto 1 lac in 4-8 such different banks which offer interest in the range of 9%

https://www.desidime.com/discussions/invest-4-8-lacs-with-no-risk?page=1#post_6248596

P_A_N_K_A_J

2019-11-04

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On the new onset scenes of various banks being merged or sudden stopping of withdrawal (pmc) go to SBI for fd’s. They pay low %(7.30)very shitty working persons but your money will be safe* in matters stated just before.
*TnC:- Until someone at 8pm comes and restricts it.

https://www.desidime.com/discussions/invest-4-8-lacs-with-no-risk?page=1#post_6248608

Original

2019-11-04

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Government bonds are safe and you can lock the interest rate for a long period smile
Otherwise, choose Bank FDs for high returns. grinning

https://www.desidime.com/discussions/invest-4-8-lacs-with-no-risk?page=1#post_6248969

baaz4u2007

2019-11-04

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like scss is there scheme for general public

https://www.desidime.com/discussions/invest-4-8-lacs-with-no-risk?page=1#post_6248988

rogerthat

2019-11-04

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nope

but u have ppf, ssa, sgb, MF, nps at your disposal

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https://www.desidime.com/discussions/invest-4-8-lacs-with-no-risk?page=1#post_6250537

suril

2019-11-05

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Pm me…

https://www.desidime.com/discussions/invest-4-8-lacs-with-no-risk?page=1#post_6251326

RaviKhanna

2019-11-05

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Debt funds can be an option. I have invested in kotak low duration fund and getting around 8% per annum

https://www.desidime.com/discussions/invest-4-8-lacs-with-no-risk?page=1#post_6251706

guest_999

2019-11-05

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Current debt market situation is not so good so not worth taking extra risk just to get extra 1%. You can get 7% on 1 lakh in IDFC bank & effectively ~8.3% for 1 lakh in DCB bank shublabh account with their cashback scheme.Not much point in keeping more than 2 lakh in savings account anyway so keep rest of the money invested in large cap/hybrid-equity MFs where return is much higher & is the recommended way by financial experts.

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https://www.desidime.com/discussions/invest-4-8-lacs-with-no-risk?page=1#post_6254615

popeyemask

2019-11-07

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Don’t put AAL the money in same basket …
Etf ,+ commodity + fd + mutual fund + bonds
…
Put your more money in safest option first as u r saying it’s for senior citizen ….

https://www.desidime.com/discussions/invest-4-8-lacs-with-no-risk?page=1#post_6254753

Desidime User

2019-11-07

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Diversify your investment in FD, Insurance, Mutual Fund, Equity etc. The No Risk people never grow. Most in India are looking for safest options and then people cry why other sectors are dying. Job losses are not because of Govt but people shifting their focus to protectionism. The risk taking capabilities of Indians are at century low while Chinese are on top of that. Bina risk ke kuch ni banta mere bhai.

https://www.desidime.com/discussions/invest-4-8-lacs-with-no-risk?page=1#post_6255093

guest_999

2019-11-07

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Half true,half false. It is not the people but the govt that is not taking the risk currently by dismantling all the old era land & labour laws despite having an absolute majority in Lok sabha.