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Secure your savings with 100% sovereign guarantee, attractive floating yields reset half-yearly, and predictable semi-annual interest income.
Maturity Period
7 Years
Tenure of 7 years from the date of issue with fixed term structure.
Rate of Interest
8.05% Floating
Spread linked to NSC (National Savings Certificate) over 35 bps (+0.35%).
Interest Reset Frequency
Half-Yearly
Reset twice a year starting 1st Jan 2021 based on prevailing NSC interest rates.
Interest Payout Dates
1st July & 1st Jan
Payouts directly credited to investor bank account semi-annually.
Minimum Investment
₹10,000/-
Start investing with a minimum of ₹10,000 (in multiples of ₹1,000 thereafter).
Maximum Investment Limit
No Maximum Limit
Invest any amount as per your financial surplus without any cap.
Key Investment Highlights & Features
RBI Floating Rate Savings Bonds, 2020 (Taxable) offer a safe, sovereign-backed avenue for individuals and HUFs to earn regular income.
Interest Rate & Benchmark Linkage
- •Current Floating Rate: 8.05% per annum.
- •Spread Over NSC: Linked to NSC (National Savings Certificate) with an added spread of +35 basis points (0.35%).
- •Half-Yearly Reset: Interest is reset twice every year starting from 1st Jan 2021, keeping returns dynamic in changing market environments.
Payout & Investment Limits
- •Fixed Payout Schedule: Interest is paid half-yearly on 1st July and 1st January each year.
- •Low Entry Minimum: Minimum subscription is Rs. 10,000/- and in multiples of Rs. 1,000 thereafter.
- •No Investment Ceiling: There is no maximum limit on investment. You can invest as much as you require.
Premature Withdrawal Provisions
While the bond has a standard tenure of 7 years, senior citizens enjoy special premature withdrawal options after a specified minimum lock-in period.
Can withdraw after completing 6 years of tenure.
Can withdraw after completing 5 years of tenure.
Can withdraw after completing 4 years of tenure.
* Note: Premature withdrawal is subject to a deduction of half a year's interest for the period held.
Why Invest in RBI Floating Rate Bonds with Litm Financial Pvt Ltd?
100% Capital Safety
Backed by the Sovereign Guarantee of the Government of India, making default risk zero.
Regular Cash Flows
Half-yearly interest payouts ensure steady liquidity directly credited to your savings account.
Hassle-Free Processing
Our experts guide you through seamless application, documentation, and portfolio tracking.
Ready to Invest in RBI Bonds?
Get complete guidance on RBI Floating Rate Savings Bonds, interest estimation, and paperless subscription through LITM.