Generating regular monthly income with low risk is a priority for many especially people who have retired or new entrepreneurs who need regular income until their business stabilizes. In this post we list down 12 investments which can help you generate your required monthly income.
11 Best Investments to get Monthly Income in India Read More »
There can be several situations when we look for regular income. This is especially true for people after retirement without any pension. Also there would be new entrepreneurs who need regular income until their start-up stabilises. Why is regular income important? Regular income is important as it gives a sense of security, a level of satisfaction
Download the Excel based Post Office MIS Calculator (POMIS Calculator) to know the monthly amount you would receive on your investment.
Post Office MIS Calculator 2021 ★ POMIS Calculator Read More »
Post Office MIS is good investment option for someone looking to generate limited monthly income with no risk. The latest POMIS interest rates for 2019 (Jan to Jun) is 7.7% with tenure of 5 years.
Government of India announces interest rate on small saving schemes like PPF, Senior Citizen Savings Scheme, Post Office Fixed and Recurring Deposits and Sukanya Samriddhi Account every quarter effective April 2016. This is done to keep these interest rates in sync with the market rates. The table below shows the interest reset schedule: Interest Rates
Small Savings Scheme Interest Rate – Jan – Mar’19 Read More »
