If you worry about locking into a fixed rate while interest rates rise, RBI Floating Rate Savings Bonds (FRSB) are your answer.
These unique bonds offer interest that resets every 6 months, linked to the prevailing NSC rate + additional spread — so your returns can grow with market movements.
Interest is paid out twice a year, with no TDS deducted, directly credited to your account.
Issued by RBI with a 7-year tenure, they blend sovereign safety with inflation-responsive earnings.
