6 Safe Investment Schemes for Monthly Income in India

[00:05] . But many people don't know what to do with that money after saving it. It's not safe to keep it at home, and the returns are very low if you put it in a savings account.

[00:18] So how can we invest that lump sum amount so that we get a regular income every month ? In

[00:34] investment ideas, from government schemes to mutual funds, from low-risk options to options that offer high returns. . So, watch this video till the end without skipping . Also, if you haven't subscribed to our channel yet,

[00:50] also click the bell icon. Hi, my name is Abule Syed. Let's start the video . Many people immediately think of a fixed deposit when it comes to regular income. But before FD, there is a

[01:02] government-backed option that everyone should know about. The same is true of the Post Office Monthly Income Scheme, which is short for POAIS. Monthly Income Scheme means that if you invest a lump sum amount once, you can receive the interest

[01:16] generated on that investment in your bank account every month. In a way, it

[01:28] . You can . However, the current interest rate is approximately 7.4%. Interest

[01:42] rates are reviewed periodically by the government, so it is a good idea to check the latest interest rate before you invest . But let's try to understand this with a small example. Let's say you have

[01:57] interest rates, interest of approximately 5550 will be credited to your account every month . If you invest ₹15 lakhs in the same joint account, you can . If you invest ₹15 lakhs in the same joint account, you can

[02:13] only the principal amount is safe. The maturity period of this scheme is five years, meaning that after the completion of five years, the original amount you invested will be returned to you. During those five years, you will receive regular interest every month

[02:27] . So, for . They said the maturity is five years, which is fine. But if

[02:42] we need money before those five years are complete, are some conditions for it.

[02:55] close within three years after one year, you will incur a penalty. Apart from that, incur a penalty. Apart from that, before investing in this scheme, it is

[03:11] backed monthly income option, but apart from the government scheme, there is also a similar monthly income option within the bank itself . That is a fixed deposit. But there is also an interesting feature that many people don't know about . Many people think that an FD means that the principal plus interest is collected once the tenure is

[03:24] complete There is another option. That is a non- cumulative fixed deposit. If you choose this option, cumulative fixed deposit. If you choose this option,

[03:39] quarterly, half-yearly, or annually . This means that . This means that . Let's say for example you have invested ₹10,000,000 in your bank

[03:53] account as a non-cumulative fixed deposit. Depending on the interest rate of 10 years, you can earn approximately ₹5,700 in interest every month. Here, the principal amount will continue to remain in the FD

[04:06] . After the completion of 10 years, the original amount you deposited will be returned to you. This means that you

[04:19] difference here is that the interest rate, tenure, and bank conditions vary depending on the bank. Therefore, it is advisable to confirm with your bank whether the non-cumulative monthly interest payout option is available before opening an FD

[04:34] discuss here. Many people deposit lakhs of rupees in a single bank FD. But the concept of diversification is very important here too. Rather than depositing a large amount in one bank, it

[04:52] . So if there is a large lump sum amount, it is very important to consider that aspect as well before investing . So, whether it's a government scheme or a bank FD, both can provide monthly income . But the common point between these two options is that

[05:07] your principal amount monthly income, SBI has another interesting option for such people. It is the same as SBI Annuity Deposit Scheme. This

[05:23] scheme can be opened at State Bank of India . Once you deposit the lump sum amount, you can select the tenure of your choice from three years, five years, seven years, or 10 years years, seven years, or 10 years

[05:36] a fixed amount, like EMI, to your account every month. When you hear the word EMI, most people think of a loan. In fact, this scheme is almost the same concept but works in the reverse direction. If

[05:49] we take a loan from a bank, we pay an EMI every month, and that EMI includes the principal . There will be interest. In this scheme, we deposit the amount of the bond in the bank once. Then the bank makes an EMI-like payment to us every month

[06:03] . That payment will include some interest and some of our principal amount . That means we have money coming in every month . But your original investment will also continue to decrease little by little. So let's

[06:17] for example you deposit ₹5,00,000 and at the current interest rate, there is a

[06:30] one thing must be remembered here. That 9,700 is not interest. There is some interest in it. The remaining amount will be returned from your principal amount . That is why the principal amount does not

[06:43] come back separately when the tenure is complete. Because it is already returning to you in the form of monthly installments . So you need a regular monthly cash flow. you need a regular monthly cash flow.

[06:56] can also be useful for those who want to receive the principal amount monthly. But for those who want their principal amount to remain untouched and only the interest to come monthly, a post office AIS or non-cumulative FD may be a better fit. Therefore, it is very important to clearly decide

[07:09] what your requirements are before making an investment tell you all an important point. Family responsibilities are very important. If no one takes on those responsibilities, what is your family's situation? What would

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[08:20] carefully and take it only if you like it. Now let's continue our video . So, all the options you've seen so far are available to everyone. for a specific age group. The interest rate in this scheme is also comparatively

[08:33] high. That is the Senior Citizen Savings Scheme. SCSS in short, as the name

[08:45] suggests, can be invested in by those aged 60 years or above . You can open an account at a bank or post office . You can start investing from a minimum of 1000. There is an

[08:59] opportunity to invest up to a maximum of 30 lakhs. interest is not paid every month, but

[09:14] Let's try to understand with an example. Suppose a senior citizen invests ₹30 lakhs . At the current interest rate, you can

[09:26] earn interest of up to approximately 61,500 every quarter. This means that if we calculate it on average, senior citizens without a pension, this regular cash flow

[09:38] helps them manage daily expenses. Also, this is a very popular option for safety . There is also a premature withdrawal facility here, but if you close the account before maturity, you will be charged a penalty. So it's

[09:52] charged a penalty. So it's Another advantage is that tax benefits are also available under Section 80C for eligible investors .

[10:06] very good choice for senior citizens if they want to invest in government banked options. they are not higher or lower depending on market performance. And

[10:18] if you're willing to take a little risk, ask if there's an Of course, there is.

[10:31] heard many times about SIP, which is short for Systematic Withdrawal Plan. SIP means investing a small amount every month. SWP is the complete reverse of it, where you first invest a lump sum amount in a mutual fund. Then, depending on your requirements, you can decide how much

[10:45] amount you want to receive in your bank account each month . That amount will be automatically . That amount will be automatically . That's why it's called a systematic withdrawal plan. Let's

[10:58] For example, let's say you sell a property you receive 50 lakhs after retirement . So, if you invest that amount in a suitable mutual fund and set the SWP to have 10,000 deposited into your bank account every month,

[11:12] 10,000 deposited into your bank account every month, . And at the same time, the remaining investment has the potential to grow depending on market performance . This is the

[11:25] biggest advantage that makes SWPA different from other options . But there is one important thing to remember here. . Because your money is invested in mutual funds

[11:39] . If the market performs well, returns can be high. Even if the market is down, there will be temporary fluctuations . So there is potential for higher returns. But there is also market risk with it. That's why you should

[11:51] also market risk with it. That's why you should bank products, and even mutual fund options.

[12:03] But I don't invest in financial products . There are certainly those who think they should buy an asset directly and generate monthly income from it real estate rental income. Many people buy property

[12:18] not only for future appreciation. commercial property can generate a fixed income every month . That's why many people consider real estate even in retirement planning

[12:32] . But buying property is not enough. Its location, demand, maintenance, cost, and occupancy are all equally important. If you buy a property and can't find a tenant for months, you may

[12:45] not receive the expected income. You should also consider costs such as maintenance expenses, repairs, and property taxes . That's why it's very important to choose a location with rental demand before buying a property for rental income .

[12:58] estate can also become an option for generating regular income in the long term. So far, let's talk about a total of five different options. Government-backed monthly income schemes, bank deposits,

[13:11] S&P in mutual funds, and real estate rental income - each option has its own advantages. There are also limitations of their own. That's why we can't say that the same investment is right for everyone. You should choose the right option based on your age, your financial goals, your risk

[13:23] tolerance, and the amount of money you have available do a quick recap. If you want a regular monthly income, a government-backed option is you want a regular monthly income, a government-backed option is

[13:37] . If you want a comparatively higher interest rate after retirement, If you are a senior citizen, you can consider the Senior Citizen Savings Scheme. or SBI NUVIT deposit scheme option is available. If you want

[13:51] long-term growth along with monthly withdrawals, while accepting a little market risk, SWP is an option. If you have more interest in physical assets than financial assets, you more interest in physical assets than financial assets, you

[14:05] remember one thing. Many people ask what the best investment is . In fact, there is no such thing as the best investment. The best investment for you is the one that matches your requirements, so consider not only returns but also

[14:18] safety, liquidity, tax implications, and risk before making a decision . So if you've watched this video so far, that is, until the end, and you liked it, then tell me you liked it. If you don't like it,

[14:32] comment that you don't like it. Also, if you found this video useful, please like it . And also, be sure to tell us which of the above options you prefer in the comments section below . And most

[14:46] importantly, subscribe to our channel now for more finance-related videos like this . My name is Abule Syed. Thanks for watching. For brand partnerships and advertising inquiries, email [email protected] or

[15:00] email [email protected] or call 9108014192. Boss Valala B Boss