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Q.

My father worked in bsnl department recently died and i got 30 lakh rupees as office amount and insurance amount. please tell me what i had to do. some are saying to invest in post office. some are saying to invest in bank.some are saying mutual funds. kindly tell me what i had to do it.is it safe to invest in banks. how i had to divide kindly suggest me friends

Tags: money, amount, careers
Asked by padamatavenkateshwa rao, 17 Mar '13 06:38 pm
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Answers (8)

1.

Invest. Now a days real estate is down .purchase property
Answered by yusuf syed, 24 Mar '13 02:30 pm

 
  
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2.

Keep it in bank FD for now
Answered by anil garg, 24 Mar '13 12:17 pm

 
  
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3.

Mutual funds are badly hit now. Better put it under Monthly Income Scheme of any of the post offices, it's very same...!
Answered by Dil Se, 18 Mar '13 01:30 pm

 
  
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4.

After how many years you need the money? National banks, post office are safe to invest which yield greater interest for longer period of investment
Answered by tanuja, 17 Mar '13 08:54 pm

 
  
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5.

If u wanna play safe and keep this for u'r future, investing in RD/FD or Post office wud be advisable.....but 30lkhs is a large amount to lock in for a large period.....also the returns wud be less.....one way is to divide this is 60-20-20....60% u cud secure in Post Office/ Bank(check the interest there and never break this) while the remaining 20% u could invest in mutual funds....remaining 20% u could run in shares(do the wisely with gud opinion) or invest in so business of yours.
Answered by harshal kalangutkar, 17 Mar '13 07:07 pm

 
  
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6.

Invest 20lakh in Fixed deposit of PSU bank and earn around Rs.15000/PM (@9.20% anual interst
Answered by Santonu Borpuzari, 17 Mar '13 06:43 pm

 
  
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7.

Bank gd is the safest one even post office is safe, but see where u get higher interest PO or Bank
dont invest in MF
Answered by rajan, 17 Mar '13 06:42 pm

 
  
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8.

Banks are the best as u cant trust others in this country
Answered by babu rao, 17 Mar '13 06:39 pm

 
  
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