RBI Floating Rate Savings Bond: Should Senior Citizens Buy Them After Their New Rates Announced?
RBI floating rate savings bonds offer 8.5 per cent annual interest; should senior citizens invest in them?
![RBI Floating Rate Savings Bond: Should Senior Citizens Buy Them After Their New Rates Announced?](/_next/image?url=https%3A%2F%2Fs3.ap-south-1.amazonaws.com%2Fimages.outlookindia.com%2Fwp-content%2Fuploads%2F2024%2F07%2Fshutterstock_653403244-300x200.jpg&w=256&q=75)
RBI floating rate savings bonds offer 8.5 per cent annual interest; should senior citizens invest in them?
RBI’s floating rate bonds are investment instruments where one can invest a minimum of Rs 1,000 without any upper limit and earn regular interest every six months.
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