RBI 8.05% Floating Rate Savings Bonds: The Safe High-Yield Pick

FRSB 2020 (T) pays 8.05% for Jan–Jun 2026 — a sovereign-backed rate that beats most bank FDs

The rate floats: it resets every 6 months at NSC rate + 0.35%, so it can rise or fall

Interest is paid out half-yearly (1 Jan, 1 Jul) — there is no compounding option

7-year lock-in; only senior citizens get early exit, with a 50% interest penalty

Interest is fully taxable at your slab and TDS applies — best for low-tax-bracket investors

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