My PPF account has matured. How to get regular income at higher rate vs bank FDs2 min read . Updated: 18 Apr 2022, 12:57 PM IST
- PPF account: The balance amount you can invest in Floating Rate Saving Bonds of Reserve Bank of India.
The PPF accounts of myself (73 years) and my wife (67 years) have matured recently. We both were in private jobs. Hence no monthly pension is received. We have some interest income from Bank FDs. Please advise as to where we can safely invest this PPF maturity proceeds so that we can get monthly / quarterly interest at better rates compared to bank FD rates which are maximum 6% as of now without any risk to the capital.
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