HUDCO has introduced three different Fixed Deposit schemes under Cumulative, Regular plus scheme and Multiplier scheme. Interest is payable quarterly, half- yearly or yearly and ranges from 8.50 to 9.40% and minimum investment is Rs 50,000.

Sahara Housing Investment Corp and Sahara India Real Estate were directed by the SAT to refund Rs 24,000 crores raised through optionally fully convertible debentures to their investors within three months with 15% interest.

Retirement cannot be a pleasant situation unless one has a proper investment plan with protective shield to take care of the eroding effect of inflation. Investment plan after retirement should be based on consistency and safety.

LIC Housing Finance Ltd. launched a Fixed Deposit scheme for retail investors on 8 May 2007 which was awarded (FAAA/ Stable) rating by CRISIL. The scheme is still open and the interest rates range from 9.0 to 9.5%.

United Spirit fixed deposit scheme has two options Fixed Deposits and Cumulative Deposits. Minimum amount is Rs 25,000 and interest payable for cumulative and non-cumulative deposit scheme is 11.50% p.a. for 2 years.

Foreign direct investment in India is permitted through preferential allotment, private equities, euro issues, capital market and in joint ventures. It is not permitted in nuclear technology, arms, railway and mining industries.

Jaiprakash Associates Ltd. has as a market capitalization of Rs. 34,000 crores. It has launched a fixed deposit scheme in September, 2011, with interest rates ranging from 11.75 % for 1 year and 12.0% for 2 years to 12.5% for 3 years.

Any individual can invest in PPF scheme up to 70,000 in a year. Tenure of a PPF account is 15 years and can be extended for 5 year blocks after that. Partial withdrawal is permitted from the 7th year up to 50% of the balance.

Before applying for the redemption of Reliance Mutual Fund you should ensure that you have updated the details of your bank account with Reliance capital asset management. Application form can be downloaded from reliancemutual.com.

Northern Trust provides varieties of financial services including investment management and banking in North America, Asia pacific and Europe. They have set a base in Bangalore, India in October 2006, to cater their clients across the globe.

Public Provident Fund or PPF is a statutory investment cum saving scheme for Indian citizen without any aged limit. PPF account is valid for 15 years and thereafter extension is permissible in block of 5 years each and interest rate is 8%.

SBI Magnum Tax Gain Scheme was launched in 1993 by State Bank of India and is one of the oldest Equity Linked Savings Schemes in India. Major portion of the fund has been invested in selected large cap equity stocks, bonds and FDs.