Hi, I have recently withdrawn my PF amount after being jobless for about an year. I am 54 & don't see further job prospects. Can i invest this amount in senior citizen saving scheme. I heard that earlier entry is possible in this scheme. Any other suggestions to invest PF so that i can get monthly income. Many thanks in advance.

Ans: Early Entry in the scheme is for Retired Defence Services Employees or In case your have taken VRS etc.
In your case I would suggest you to Invest the amount Mutual Funds. This may give you reasonable return and Liquidity also. If the amount for Investment if reasonable, you should go for Real Estate Investment. Real Estate Investment should be in such a property, where you can utilise the same also. Like Residential House where you may reside also or any Commercial Shop etc., where you can start your small business also. In this way, you would be using the property your self & also getting the benefit of its appreciation.
Most welcome for any further clarifications. Thanks.