Floating Rate Savings Bonds 2020, issued by RBI, is among the best-guaranteed investment products for the current interest scenario. That it is floating rate means that your interest is not the same over the seven-year tenure.
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Unknown titlendeed market-linked, but without the high credit risk or liquidity risk that you may have experienced in the last few years in mutual funds (MFs). Here are five such options: For income earners <span>Floating Rate Savings Bonds 2020, issued by RBI, is among the best-guaranteed investment products for the current interest scenario. That it is floating rate means that your interest is not the same over the seven-year tenure. However, given that we are at a low-interest scenario now and the current rate of 7.15% is pegged at 35 basis points above the NSC rate, you can secure a higher rate with this instrumen Summary
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