I need the answer as soon as possible

Subject- banking Mr. S, a soon-to-be retiree, has a life-time of savings of Rs. 50 lacs. Being in the golden period of his life, he wishes to remain risk averse while selecting an investment avenue for his savings. Preferably, he would like a product which offers regular monthly income for his choice of tenure during his retirement after investing a lump sum amount today. Suggest a suitable product to Mr. S, explaining the features of your suggestion. Also, explain the documentary procedure which he would be required to go through