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Floating Rate Bonds

The seven-year-long GOI Bonds, also known as the RBI Floating Rate Savings Bonds 2020 (Taxable) have a current taxable interest rate of 7.35%. These are referred to as floating-rate bonds because of how the interest rate on the bond relates to the NSC rate. In accordance with the scheme criteria that were released on June 26, 2020, these variable rate bonds will continue to have a ROI that is 0.35% greater than the existing NSC rate. The coupon/interest rate on these bonds is subject to change if NSC's ROI changes on January 1 and July 1 of each year.<br>

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Floating Rate Bonds

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  1. FloatingRate Bonds RBIFloating Rate Bonds2020 currentlyofferataxableinterest rate of 7.35% over a seven-year term.

  2. AboutUs RRFinancial Consultants isa 35 year old company promoted by Mr. Rajat Persad, a qualified Chartered Accountant, who is the chief architect of its growth andhassteeredthegrouptobea diverseand respectedfinancial andinsuranceservices organisationwithnationwidepresence. RRisanindependentunbiasedFinancial,Wealth ManagementandInsuranceServiceCompanyinIndia. It isa fully integrated and professionally managed businessofferingdiverserangeofproducts and services.

  3. WhyInvest inRBIFloatingRateBonds? Investmentthatiscompletelyrisk-free AttractiveROIof7.35% Bondswillalwayspay0.35%morethanNSCrates MaximumInvestment-ThereIsNoLimit MinimumInvestment-Rs.1000 Maturityis7yearsfromInvestmentdate.

  4. FloatingRateBonds RBI Floating Rate Savings Bonds 2020 (Taxable), also known as the GOI Bonds, currently offer a taxable interest rate of 7.35% over a seven-year term.Theyarecalledfloating-ratebondsbecause the interest rate on these bonds is linked to the NSC rate. In accordance with the scheme guidelinesissuedonJune26,2020,thesefloating ratebondswillcontinuetoearn0.35%higherROI thantheprevailingNSCrate.

  5. ContactUs 9350316010 digi.marketing@rrfcl.com www.rrfinance.in

  6. ThankYou

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