GOI Loan
How this yield compares
About this bond
GOI Loan is a government security (G-Sec) issued by the Reserve Bank of India on behalf of the Government of India, currently offering a yield to maturity (YTM) of 5%. It pays a coupon of 10.18% and matures on 11 Sept 2026, a remaining tenure of about 1 mo. It is rated SOV, a sovereign instrument carrying the credit of the Government of India. GripInvest lists this bond with a minimum investment of ₹105.
Its 5% yield is on the conservative side, toward the lower end at 3rd of 3 G-Sec bonds. That lands just under the G-Sec median of 5.20%. A comparable SBI fixed deposit yields about 3.30%, so this bond adds roughly 1.70 points for taking on credit risk. Its short 1 mo horizon locks the rate for only a few years, limiting reinvestment risk. Paired with its highest safety (SOV) rating, that leans toward the safety-first end. Compare it against similar bonds on RightBonds before investing.
Investors comparing this bond often also look at GOI Loan (IN0020070069) at 5.8%, GOI Loan (IN0020230119) at 5.2% and G-Sec (IN0020230036) at 6.5%.
Bond details
What you keep after tax
Interest on a listed corporate bond is added to your income and taxed at your slab, so the 5% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 1 mo.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 5.00% | ₹1,00,475 |
| 5% slab | 4.75% | ₹1,00,451 |
| 20% slab | 4.00% | ₹1,00,381 |
| 30% slab | 3.50% | ₹1,00,334 |
At a 10.18% coupon, ₹1,00,000 of face value pays about ₹10,180 of interest a year. That is over the ₹10,000 Section 193 threshold, so roughly ₹1,018 a year is withheld as TDS - adjustable against your final liability, not an extra tax.
Slab rates only - surcharge and cess are not included, and the figures assume you hold to maturity. Sold on the exchange after 12 months instead, the gain is taxed as long-term capital gains at 12.5%. Not tax advice.
Against a fixed deposit, in rupees
Same ₹1,00,000, same 0.1 years, one in this bond and one in a tenure-matched SBI fixed deposit at 3.30%.
Bond figure compounds the yield annually; the FD compounds quarterly, as a cumulative bank FD does. Both are pre-tax and assume the bond is held to maturity and the issuer pays in full - the SOV credit risk is the reason for the gap.