New Enroll in RBI Gr B 2025 Exclusive New Batch on March 18

    Question

    What is the current interest rate per annum offered by

    the RBI Floating Rate Savings Bonds (FRSB) 2020 (Taxable) as of January 1, 2024?
    A 7.50% Correct Answer Incorrect Answer
    B 7.75% Correct Answer Incorrect Answer
    C 8.05% Correct Answer Incorrect Answer
    D 8.25% Correct Answer Incorrect Answer
    E 8.50% Correct Answer Incorrect Answer

    Solution

    The interest rate of RBI Floating Rate Savings Bonds (FRSB) 2020 (Taxable) is reviewed semi-annually and it is due for revision on January 1, 2024. At present, it offers an interest rate of 8.05% per annum. This is one of the highest interest rates offered on safe fixed-income products and many investors want to know if this rate will continue for another six months or not.

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