WebPremature redemption facility is allowed for investors in the age group of 60 years and above as per RBI’s Notification. When is the interest payable? ... The interest rate of the bond, ... Accordingly, the coupon rate on FRSB 2024 (T) for period January 1,2024 to June 30, 2024 and payable on July 1,2024 has been reset at 7.35% (7% +0.35% =7. ... WebMay 31, 2024 · The Reserve Bank of India (RBI) released a notification last week announcing it was stopping the government of India 7.75% (taxable) bonds, known as the RBI 7.75% bonds.
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