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slideserve.com
RBI Floating Rate Bonds 2020 - SlideServe
The GOI Bonds, also known as the RBI Floating Rate Savings Bonds 2020 (Taxable), now provide a taxable interest rate of 7.35% over seven-year duration. Because the interest rate on these bonds is based on the NSC rate, they are known as floating-rate bonds. These variable rate bonds will continue to earn a higher ROI of 0.35% than the current ...
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6.6K views · 75 reactions | RBI Floating Rate Savings Bonds offer a government-backed way to invest, with interest linked to the NSC rate plus 0.35%. The current rate stands at 8.05%, paid out every six months and reset twice a year. The bonds come with a 7-year tenure, and senior citizens can opt for premature withdrawal after a lock-in period. #RBI #bondinvesting #bonds #Investmentstrategy #investingforbeginners | Groww | Facebook
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121 reactions · 3 comments | Looking for some reasons to invest in RBI Floating Rate Savings Bond? Here are some - it's a risk-free investment, offers high interest rate and many more. Watch the video to understand its benefits and apply for it today. #AmritMahotsav #RBIFloatingRateSavingBond (Amrit Mahotsav ) | Bank of India | Facebook
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