RBI Floating Rate Savings Bonds, 2020 (Taxable)

Eligibility

Features

Capital Gain Bonds (54EC)

According to Section 54 EC of IT Act, any person (Individual, HUFs, Partnership Firms, Companies etc) can avail exemption in respect of long term Capital gains (arising from the sale of land or property) , if the capital gain is invested in Capital Gain Bond. The exemption will be the amount of Capital Gain or the amount of investment made, whichever is less and has to be availed within six months of the sale of land / property.

Corporate Deposits

Corporate deposits offer higher interest rates than conventional bank FDs over a fixed tenure. We will help you choose the perfect one for you from a wide range of corporate deposits and help you plan for a brighter future.

Non-Convertible Debentures (NCDs)

Non-Convertible Debentures (NCDs) are issued by reputed companies having rating of at least AA and above. The rate of interest is generally higher as compared to Bank and Corporate Fixed Deposits.

The tenure can be as low as 1 year and maximum tenure can be 10 years.

The NCD can be secured / unsecured which is mentioned during issuance

Compulsory on the Demat / ASBA mode.

As per applicable tax bracket of the Investor. Tax Deducted at Source (TDS) as per applicable rules.

The secondary bond market is the marketplace where investors (Individual and Non-Individual) can buy and sell bonds. These transactions are routed through the stock exchange platform or through an OTC contract through ICCL / NSCCL.

There are various papers available in the Secondary Market suited to meet every investor investment requirement like: -

Higher Interest rate as compared to traditional fixed deposits

Multiple options available to suit the requirement of the Investor like earning a regular income, higher (compared to Bank FD Rates) interest or Tax free Income is available for investment.

These instruments carry a fixed rate of interest during the tenure of the bond. However, the yield of these bonds depends on demand and supply for the respective bond in the Secondary Market.

For meeting contingencies and needs of personal nature, we will help you get loans against your shares

Our processes are simple and paperwork minimal, making it a hassle-free way to avail of a loan.

Our efficient systems ensure faster loan sanctions

The loan is offered at competitive rates.