MoneyLens / Bonds & debt
Your bond, explained.
Floating Rate Savings Bonds, 2020 (Taxable) · Floating Rate Savings Bonds, 2020 (Taxable)
Illustrative
Bonds · 1 held · Bonds held
Statement —
Value
₹3,00,000
at the prices known
Interest
₹24,150
in the next 12 months
Next payment
1 Jan 2027
₹12,075 · Floating Rate Savings Bonds, 2020 (Taxable)
Bonds
1
RBI Floating Rate Savings Bond
1 bond worth about ₹3,00,000, paying ₹24,150 of interest in the next 12 months. ₹3,00,000 comes back in 2030. Interest is taxed at your slab as it's paid.
Myra's most important observations
Myra can help you
Every answer includes
- Direct answerFirst line
- EvidenceClause & page
- CalculationRun by code
- What to verifyAlways stated
- Draft to the lenderWhen useful