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If you are looking for a risk-free investment with higher returns, RBI Floating Rate Savings Bonds, 2020 (Taxable) is an attractive investment option.


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.


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.

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