I am looking for good option for my mom.
I have seen this post here. http://localhost/jagoforum2/option-for-senior-citizen-investment/607/
I came to know recently that Canara Bank is offering FD of 10.50% for 10 years. I am not sure about the interest payment (monthly/yearly etc). Planning to move part of the interest to some MF inthe name of her grand children through SIP.
Do you guys think this is better than the SCSS of Postoffice/SBI.