- 100% Risk-Free Investment
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- Interest rate @ 8.05% p.a till Dec 2024
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- Interest payable half-yearly in Jan & July each year
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- Floating Rate of Interest is subject to change in Jan & July each year
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- Maturity is 7 years from Investment date, premature withdrawal for Senior Citizens allowed
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- Nomination Facility Available
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- Minimum Investment – Rs. 1000 (and in multiples thereof)
- Maximum Investment – No Limit
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- Interest Rate is linked to National Savings Certificate (NSC)
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- Not Tradable & not Transferable
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- RBI Bond will always pay 0.35% higher than NSC rate
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