Nifty 26230.10 0.00 0.00

Nifty

26,230.10--
Sensex 101688.10 23107.10 29.41

Sensex

1,01,688.10+23,107.10(+29.41%)
Trader’s Lounge
Nuvama Partners

100% risk-free investment at attractive interest rates to maximize your returns!

Some key features of this RBI bond
Slide 1 of 7
Lock-in period of 7 years
from Investment date.
7-year lock-in period
Premature withdrawal
available for specified categories of Senior Citizens.
Not tradable or transferable
Not Tradable & not
Transferable.
Nomination facility available
Nomination Facility
Available.
Floating interest rate revised twice yearly
Benefits of Investing in RBI Bonds
Slide 1 of 3
Low investment optionLow investment optionMinimum investment as low as ₹ 1000 and no maximum limit
Flexible interest payout optionsFlexible interest payout optionsHalf-yearly interest payment (in Jan & Jul)
Low inflation riskLow inflation riskInterest rate is adjusted to inflation rate
Got Questions? We’ve got all your answers!

RBI Bonds comprise of Floating Rate Savings Bonds (FRSB), 2020 (Taxable).

These bonds are linked to National Savings Certificate (NSC) with variable interest rate as: NSC interest rate + 0.35%.
Latest issued FRSB is 8.05% RBI bond, in which Interest rate is set at 8.05% till December 2023.

Previously issued RBI bonds - 8% Savings (Taxable) Bonds, 2003 [also called 8% RBI Bonds] and 7.75% RBI Savings (Taxable) Bonds [also called 7.75% RBI Bonds], have been discontinued in 2018 and 2020 respectively.

Bond trading is not permissible in the secondary market. You can’t use them as collateral for loans from financial institutions, including banks, non-banking financial institutions, etc.

The debate between RBI bonds vs. fixed deposits has been going on for a long time. If you compare returns, RBI bonds offer better returns than FDs. However, they have a longer lock-in period of seven years compared to FDs with limited premature withdrawal options.

Floating-rate bonds are fixed-income instruments in which an individual or a Hindu Undivided Family (HUF) can invest. The interest is paid half yearly on January 1 and July 1. Floating-rate bonds have no option to pay interest on a cumulative basis.

RBI bond interest rate as of now is 8.05%. Interest offered on bonds depends on the National Savings Certificate (NSC) and is 35 basis points more than what NSC offers.

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