RBI savings bonds
Interest rate8.05% p.a. (notified, 1 Jul–31 Dec 2026)
Tenure7 years
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Next estimated coupon
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Scheme details & suitability
Brief
A floating-rate Government of India savings bond, paid half-yearly.
Tenure
7 years from purchase.
Eligibility
Resident individuals and HUFs.
Min investment₹1,000, then multiples of ₹1,000
Max investmentNo scheme limit; this tool models up to ₹10 crore
Interest rate8.05% p.a., notified 1 Jul–31 Dec 2026
Tax benefitNo special exemption; interest taxable, per scheme rules
Tax on incomeInterest taxable as income, per scheme rules
Withdrawal rulesPremature encashment only for eligible investors aged 60+, after a lock-in; not modeled here
Pros
- Government-issued, among the safest long-duration options
- Regular half-yearly coupon payments
- No scheme-level investment cap
Cons
- Floating coupon — rate can change at each reset
- Long 7-year lock-in, limited early encashment
- Interest is fully taxable, no special exemption
Illustrative projection only. Not financial or tax advice. Only the first coupon rate is notified here; later coupons appear only when you select and enter a hypothetical future rate. Confirm actual terms and payment dates with RBI or your receiving office.