POSTED BY November 19, 2012 10:41 am ONE COMMENTON
I am 55 yrs old NRI planing to settle back in India I want to invest lumpsum in a way that I get Rs 40 K monthly .I wish to get this income from 2014.
The options I have looked into is as follows :
1)Jeevan Akshay .
2)Bank NROFD with 9.50 % interest with Deutsche Bank.
What would be your advise as I do not want to take any risk at this stage.
Thanks &Kindest regards