I want 10000 monthly income with safe investments like FD, how much i need to invest
If you are aiming for ₹10,000 monthly from FD interest, you need to factor in the investment, tenure and interest rate. At a rate of 7%, you’d need to invest about ₹17 to 18 lakh in a monthly payout scheme. You can use an FD calculator to do the calculation to get 10000 monthly income with FD.