If you are looking for a risk-free investment with higher returns, RBI Floating Rate Savings Bonds, 2020 (Taxable) is an attractive investment option.
Eligibility
A person residing in India
In his or her individual capacity, or
In individual capacity on joint basis, or
In individual capacity on anyone or survivor basis, or
On behalf of a minor as father/mother/legal guardian
A Hindu Undivided Family.
Features
Minimum investment of Rs.1,000
No maximum limit on investment
Floating rate of interest with a Half Yearly interest payout
7 years tenure of the bond from the date of issue with a special provision for premature redemption for Senior Citizens.
List of Brokers
Click hereNOTE:-This information is being displayed in adherence to the RBI Circular bearing reference no. RBI/2026-27/06 IDMD.RETL.No.S23/13.01.300/2026-27 dated 2nd April 2026, Point 14 (14.1) which dictates that ROs (i.e. StockHolding) should publish an updated list of brokers appointed by them on their website.
Escalation Matrix :
| Escalation Level | Resolution Timelines | Contact Details | Email id |
|---|---|---|---|
| Level 1 | T+4 | 022-69192020 |  |
| Level 2 | T+8 | 022-61778456 |  |
| Level 3 | T+12 | 022-61778255 |  |
T is the date of complaint
Note - The interest rate of the bond would be re-set at half yearly intervals i.e. 01st Jan and 01st July and will be linked with the prevailing National Saving Certificate (NSC) rate with a spread of (+) 35 bps over the respective NSC rate.