Immediate Pension/Income plan – India?

My dad is retiring after 4 months. I want to invest a lumpsum amount of Rs 5-6 lacs so that my parents can get a decent pension/income every month after my dad retires. Please suggest some options. Thanks

One Reply to “Immediate Pension/Income plan – India?”

Leave a Reply

Your email address will not be published. Required fields are marked *

four × four =