Interest Payment Options:
There is half-yearly (every 6 months) or annual payment of interest on the bonds. It depends on the earnings requirement of the investor; he can choose the payment period for his interest.
No cap on investment:
There was no capping of such investments; hence, RBI Floating Rate Savings Bonds attracted not only the retail investor but also the high-net-worth... https://finxl.in/financial-planning-and-analysis-online-classes-courses-training.html