You might be thinking why I am taking a figure of Rs. 25 lakhs as savings to turn it into monthly income. This is just an assumption, it can vary from individual to individual. This scenario i consider when you have no other liability or just want to invest to get a stable and safe monthly income In this post, ...
Every middle class in India wants a regular income with government backing. One way is to invest in Government bonds and security through mutual funds, and another simple way, I have observed, is the Post Office Monthly Income Scheme (POMIS). In India, the Post Office Monthly Income Scheme (POMIS) is a popular way to invest, especially for people who don’t ...