Best scheme for investing Rs 25 lakhs for monthly income

1
Best scheme for investing Rs 25 lakhs for monthly
income
2
Time deposit 

• You can earn interest by investing in a bank's
  fixed deposit.

3
Corporate deposits (CDs)

• They are offered by NBFCs or HFCs.
• Consider the company's credit rating before
  finalising any CD. 

4
Investment in mutual funds

• You can invest a small amount at regular
  intervals through SIP or a large sum all at once
  through a lump sum.

5
Government bonds

• They are the most secure form of investment due
  to government backing 
• You can easily sell them on the secondary market.

6
POMIS

• The post office monthly income scheme can be
  started with Rs 1,500.
• You can earn monthly interest on it.

7
SCSS

• The Senior Citizen Savings Scheme is for people
  over the age of 60.
• You can earn 7.4 interest on it.

8
Pointers to take into account before investing
for monthly income

• Confirm whether the returns are guaranteed or
  market-linked.
• Check to see if the scheme allows for early
  withdrawal.
• Understand the tax implications of investment
  returns.

9

• There are multiple investment schemes on the
  market that provide consistent returns. You must
  be aware of their tax implications, flexibility,
  and whether or not the returns are guaranteed.

10
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Hero Fincorp Limited
09, Basant Lok, Vasant Vihar, New Delhi - 110057
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Website https//www.herofincorp.com/
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t-25-lakhs-for-monthly-income