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GOVERNMENT OF INDIA

0

Min. Investmenttooltip

* Settlement date 10th Oct 2024

6.9026%

Semi Annual Yieldtooltip

Coupon 7.34% p.a (Fixed)

22-Apr-2064

Maturity Datetooltip

39 Yr 6 Mo 12 Days
to maturity

7.0217%

Annual Yieldtooltip

Half-Yearly

Payment Termtooltip

100

Face Valuetooltip

IN0020240035

ISINtooltip

Private Placement

Mode of Issuetooltip

Yes

Listedtooltip

Taxable

Instrument Typetooltip

22-Apr-2024

Date of Issue

No

Perpetualtooltip

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Key Highlights

  • Government securities are Sovereign paper i.e. it is issued and guaranteed by the Government of India.
  • These are Risk-free investments, hence no default is observed since independence
  • In the case of Government Securities, there is no tax deducted at source.
  • Government Securities are a secure Investment that ensures investors a fixed income.

Why Invest in Government Securities?

Gilt-Edged Instruments
G-secs and SDLs are practically risk-free of defaults and hence are gilt-edged instruments
Safer than FD
Bank FD provides a capital protection max of up to 5 Lakhs in case of default, while investment in GSec and SDL are sovereign committed which are practically risk-free of defaults
Returns beats FD & Inflation
Return on Sovereign bonds yield 7.1% - 7.75% which hands down beats Bank FD rates (up to 6%) and Inflation (approx 6.75%)
Note: Subjected to changes
Source: RBI
Easy to Invest
1. Complete your KYC. 2. Transfer the Fund Online. 3. After the successful payment, bond units will be credited to your Demat account on T+1 day
Cash Flow
Download

2024

10 Oct

2024

22 Oct

2025

22 Apr

2026

22 Apr

2027

22 Apr

2028

22 Apr

2029

22 Apr

2030

22 Apr

2031

22 Apr

2032

22 Apr

2033

22 Apr

2034

22 Apr

2035

22 Apr

2036

22 Apr

2037

22 Apr

2038

22 Apr

2039

22 Apr

2040

22 Apr

2041

22 Apr

2042

22 Apr

2043

22 Apr

2044

22 Apr

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22 Apr

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22 Apr

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22 Apr

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22 Apr

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22 Apr

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22 Apr

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2056

22 Apr

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22 Apr

2058

22 Apr

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22 Apr

2060

22 Apr

2061

22 Apr

2062

22 Apr

2063

22 Apr

2064

22 Apr
Maturity

Your investment of

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Interest

3,670

+

Face Value

1,00,000

(100% of Face Value)

See Cashflow

Download Cash Flow

Indicative Interest Paymenttooltip

2,93,600

( Semi Annual Yield at 6.9%)

Total Returnstooltip

3,93,600

Disclaimer: The actual date of interest receivable & amount might slightly vary depending on bank holidays, closure, etc. The interest rate provided here is indicative. For the exact amount, kindly refer to your bank statement.
Tax Deducted at Source (TDS) is applicable to interest receivable, based on relevant tax regulations. You can avail TDS credit while filing your Income Tax Return (ITR) or submit your Form 121 to the respective registrar and debenture trustee of the bond to avoid the TDS deduction.

Compare Bonds

GOVERNMENT OF INDIA

Min. Investment 0
Yield6.90%
Tenure39 Yrs 6 Mo 12 Days
Payment FrequencyHalf-Yearly

KERALA INFRA.

Min. Investment 1,03,406.41
Yield9.00%
Tenure7 Yrs 5 Mo 21 Days
Payment FrequencyQuarterly

AP STATE BEVERAGES

Min. Investment 1,06,328.39
Yield8.40%
Tenure6 Yrs 3 Mo 29 Days
Payment FrequencyQuarterly
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