Looking for some reasons to invest in RBI Floating Rate Savings Bond? Here are some - it's a risk-free investment, offers high interest rate and many more. Watch the video to understand its benefits and apply for it today. #AmritMahotsav #RBIFloatingRateSavingBond (Amrit Mahotsav) | Bank of India
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Floating Rate Savings Bonds are interest-bearing, non-tradeable bonds, issued by RBI, which come with a lock-in period of 7 years. The interest rate of these bonds is not fixed like usual bonds, but is floating in nature The RBI Floating Rate Savings Bond is guaranteed by the Indian government, making it a safe and reliable investment option. The sovereign guarantee ensures that the principal amount and interest earned are secure, offering peace of mind to risk-averse investors. How is the Inter
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