RightBonds Fixed Income, Simplified
This bond is no longer available.

It has matured, sold out, or been delisted from the platforms we track, last seen on 19 Jun 2026. The details below are kept as a record of the issue. Compare bonds available now →

GOI Loan

No longer listed IN0020240126 G-Sec SOV Matures Oct 2034
Yield to Maturity (YTM)
6.95%
Annualised return if held to maturity · 7 Oct 2034
+0.4% vs bank FD
Coupon Rate
6.79%
Paid periodically
Maturity
7 Oct 2034
Principal returned
Tenure
8.2 yr
Remaining
Min. Invest
₹101
Min. ticket
Return

How this yield compares

This bondGOI Loan
6.95%
Category avgG-Sec
5.8%
Fixed Deposit8.2 yr tenure
6.55%

At 6.95% YTM, this bond yields about 0.4 percentage points more than a tenure-matched fixed deposit (6.55%) and sits above the G-Sec average - reflecting the credit profile of a SOV issuer.

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 6.95%. It pays a coupon of 6.79% and matures on 7 Oct 2034, a remaining tenure of about 8.2 yr. It is rated SOV, a sovereign instrument carrying the credit of the Government of India. GripInvest lists this bond with a minimum investment of ₹101.

It yields only about 0.40 points over a comparable SBI fixed deposit (6.55%), so weigh the extra credit risk carefully. Its long 8.2 yr horizon locks in today's yield well into the future - useful if rates fall, a drag if they rise. 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 (IN0020240167) at 5.85%, GOI Loan (IN0020070069) at 5.8% and G-Sec (IN0020230036) at 6.5%.

Bond details

IssuerGOI Loan
Credit RatingSOV
CategoryG-Sec
Coupon Rate6.79%
Yield to Maturity6.95%
Maturity Date7 Oct 2034
Listed onGripInvest
Minimum Investment₹101
ISININ0020240126

What you keep after tax

Interest on a listed corporate bond is added to your income and taxed at your slab, so the 6.95% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 8.2 yr.

Your tax slabPost-tax yield₹1,00,000 becomes
No tax (income under the exemption limit) 6.95% ₹1,73,313
5% slab 6.60% ₹1,68,757
20% slab 5.56% ₹1,55,715
30% slab 4.87% ₹1,47,520

At a 6.79% coupon, ₹1,00,000 of face value pays about ₹6,790 of interest a year, under the ₹10,000 Section 193 threshold, so no TDS is withheld.

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 8.2 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.55%.

This bond at 6.95%₹1,73,313
Fixed deposit at 6.55%₹1,70,190
Difference+₹3,123

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.