RBI's 8.05% Floating Rate Bond: Safer Than Your Bank FD

RBI Floating Rate Savings Bonds pay 8.05% for January–June 2026, fully government-backed.

The rate floats: it resets every six months to the NSC rate plus a 0.35% spread.

There is a hard 7-year lock-in; only investors above 60 can exit early, with a penalty.

Interest is paid every six months and is fully taxable at your slab — TDS applies.

Best for low-tax-slab savers and retirees who want safety above an FD, not for compounding.

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