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On  July 01, 2020, Floating Rate Savings Bonds 2020 was launched by the Central Government with an interest rate of 7.15%. Based on the guidelines given by RBI, the interest rates of these bonds can be reset once in every 6 months. The minimum investment amount is 1000 rupees without any maximum limit. These bonds are not meant for trade however, it can be transferred to the nominee. This saving bond is meant for Indian residents. If you are planning to invest in these bonds then, start watching this video to get  A-Z information on floating Rate saving Bonds.

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