For a successful life and fulfilling all your goals, one has to invest his money for steady growth. There are two types of options available for each investor which are:  High risk options Low risk options According to the risk-bearing capacity, every individual can invest and get a fixed monthly income. To invest a big amount for earning an income, the investor should not put all his eggs in the same basket. Every investor should diversify his resources in order to get a steady monthly income.  One can also buy insurance policy online Let's have a look at how to invest Rs 50,00,000 to get a fixed monthly income . Some of the popular options are:  Post Office Monthly Income scheme:   The maximum deposit per year is Rs 4,50,000 per year for single account-holders.  The upper limit of deposit in a joint account is Rs 9,00,000.  The rate of interest offered is around 6.6% per annum.  The tenure of this scheme is 5 years.  The amount is received on...