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 5.85%. It pays a coupon of 6.64% and matures on 9 Dec 2027, a remaining tenure of about 1.3 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 ₹102.
Notably, a tenure-matched SBI fixed deposit (6.50%) actually yields about 0.65 points more, so the case here rests on factors other than raw yield. Its short 1.3 yr 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%, G-Sec (IN0020230036) at 6.5% and Unifinz Capital India (INE926R07043) at 15%.
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 5.85% headline is a pre-tax number. Here is the same bond seen from each slab, on ₹1,00,000 held for the remaining 1.3 yr.
| Your tax slab | Post-tax yield | ₹1,00,000 becomes |
|---|---|---|
| No tax (income under the exemption limit) | 5.85% | ₹1,07,967 |
| 5% slab | 5.56% | ₹1,07,565 |
| 20% slab | 4.68% | ₹1,06,361 |
| 30% slab | 4.09% | ₹1,05,560 |
At a 6.64% coupon, ₹1,00,000 of face value pays about ₹6,640 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 1.3 years, one in this bond and one in a tenure-matched SBI fixed deposit at 6.50%.
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.