8.05% Government Bonds Hardly Anyone Talks About: RBI Floating Rate Bonds

RBI Floating Rate Savings Bonds pay 8.05% for January–June 2026, reset every six months at NSC rate plus 0.35%.

Backed by a sovereign guarantee, they usually beat large-bank fixed deposits by 80–120 basis points.

Seven-year lock-in with no exit for under-60s; seniors can exit early after 4–6 years with a small penalty.

Interest is fully taxable at your slab and paid only as half-yearly payout — there is no cumulative option.

Best for retirees and conservative savers who want safety and income, not for those chasing tax efficiency.

Read the full story on GeneralNews Read full article →