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Government savings scheme comparison

e-Kisan Vikas Patra (e-KVP) — Bank of Baroda vs Floating Rate Savings Bonds 2020 (Taxable) — Bank of Baroda service route

Compare e-Kisan Vikas Patra (e-KVP) — Bank of Baroda and Floating Rate Savings Bonds 2020 (Taxable) — Bank of Baroda service route using the controlling cost, balance, rate, tenure, liquidity, limits, eligibility and current first-party bank evidence for this product type.

Government savings scheme comparison

e-Kisan Vikas Patra (e-KVP) — Bank of Baroda vs Floating Rate Savings Bonds 2020 (Taxable) — Bank of Baroda service route

Compare the two source-backed records without collapsing unlike conditions into a winner score.

Latest underlying reviewSeptember 10, 2026
Bank of Barodae-Kisan Vikas Patra (e-KVP) — Bank of Baroda

Resident investors wanting a government-backed fixed-at-purchase return with no statutory maximum investment and who can accept the 2-year-6-month normal lock before premature closure.

Cost / pricing
7.50% p.a. for e-KVP purchases in the current 1 July–30 September 2026 quarter; unlike PPF/SSA, the rate at purchase is contractual and remains applicable through that certificate’s maturity. Current maturity is 115 months.
Reviewed
September 10, 2026
Evidence
3 bank sources
Open product research
Bank of BarodaFloating Rate Savings Bonds 2020 (Taxable) — Bank of Baroda service route

Resident investors seeking government-credit exposure and semiannual income who can accept taxable interest, a floating coupon and very limited early redemption.

Cost / pricing
Current 1 July–31 December 2026 coupon is 8.05% p.a. by published formula: the current NSC rate of 7.70% plus 35 basis points. This is formula-derived from current government small-savings evidence, not copied from a fresh Bank of Baroda numeric bulletin. Interest is paid semiannually and is taxable.
Reviewed
September 10, 2026
Evidence
4 bank sources
Open product research
Compare like with likeThese records share the same product type.
Conditions stay attachedBalance, tenure, channel, relationship and effective-date wording stays visible.
No missing-data inferenceMissing wording never means zero cost or unlimited access.
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littleden.blog · Comparison research sheet

e-Kisan Vikas Patra (e-KVP) — Bank of Baroda vs Floating Rate Savings Bonds 2020 (Taxable) — Bank of Baroda service route

Prepared 14 Sep 2026 · Source page: https://littleden.blog/compare-banking/bob-e-kisan-vikas-patra-vs-bob-floating-rate-savings-bonds-2020/

General product research only. Recheck the listed first-party sources before acting because product terms can change after the recorded review dates.

Decision checkpoints

Answer the questions that can actually change the choice.

Each checkpoint reproduces the recorded product fields instead of assigning a winner. Read the condition, scope and missing-data state before treating a difference as useful to you.

01Do you qualify for the scheme and investment term?Start with the eligible customer or relationship and any balance, funding or tenure requirement.

e-Kisan Vikas Patra (e-KVP) — Bank of Baroda

Scheme eligibility
Resident Indian adults, eligible purchases on behalf of minors and permitted joint adult holdings. NRI, HUF, trust, company and charitable-organization purchase is excluded by the reviewed Bank of Baroda page.
Contribution / investment / term
Minimum ₹1,000 and then ₹100 multiples; no maximum investment limit under the reviewed scheme page.

Floating Rate Savings Bonds 2020 (Taxable) — Bank of Baroda service route

Scheme eligibility
Resident individuals, including permitted joint holdings and guardian/minor holdings, and HUFs under the reviewed bond terms. NRI purchase is not modeled as eligible.
Contribution / investment / term
Minimum ₹1,000 in ₹1,000 multiples; no maximum subscription limit. Each investment has a seven-year maturity from its subscription date.
02Which dated scheme rate or mechanism applies?Match the customer category, currency, amount, tenure and effective date before comparing quoted rates. No return is calculated here.

e-Kisan Vikas Patra (e-KVP) — Bank of Baroda

Current government rate / mechanism
7.50% p.a. for e-KVP purchases in the current 1 July–30 September 2026 quarter; unlike PPF/SSA, the rate at purchase is contractual and remains applicable through that certificate’s maturity. Current maturity is 115 months.

Floating Rate Savings Bonds 2020 (Taxable) — Bank of Baroda service route

Current government rate / mechanism
Current 1 July–31 December 2026 coupon is 8.05% p.a. by published formula: the current NSC rate of 7.70% plus 35 basis points. This is formula-derived from current government small-savings evidence, not copied from a fresh Bank of Baroda numeric bulletin. Interest is paid semiannually and is taxable.
03What access, transfer or withdrawal rules need checking?Read the full liquidity and relationship conditions, including any recorded early-exit or payment restrictions.

e-Kisan Vikas Patra (e-KVP) — Bank of Baroda

Liquidity / loan / transfer rules
Normal premature closure is available only after 2 years 6 months. Earlier closure is limited to specified death, forfeiture by eligible pledge or court-order cases. No Section 123 principal deduction is modeled for KVP.
Government / service-channel rule
All Bank of Baroda branches are stated to be authorized to issue e-KVP and eligible customers can purchase through bob World; the Government sets the quarterly new-purchase rate, while the booked rate remains contractual to maturity.

Floating Rate Savings Bonds 2020 (Taxable) — Bank of Baroda service route

Liquidity / loan / transfer rules
Not tradable in the secondary market and not eligible as loan collateral. Premature encashment is restricted to eligible investors aged 60+: six-year lock for ages 60–70, five years for 70–80 and four years for 80+, with the current premature-redemption penalty mechanics.
Government / service-channel rule
Bank of Baroda is one authorized receiving/service route; RBI operational guidelines state the bonds are Government of India securities serviced through authorized receiving offices. The coupon is government-formula-driven rather than bank-set.
Other maintained comparisons for e-Kisan Vikas Patra (e-KVP) — Bank of BarodaOther maintained comparisons for Floating Rate Savings Bonds 2020 (Taxable) — Bank of Baroda service route
Exact terms

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Banking product terms side by side for e-Kisan Vikas Patra (e-KVP) — Bank of Baroda and Floating Rate Savings Bonds 2020 (Taxable) — Bank of Baroda service route
Decision factore-Kisan Vikas Patra (e-KVP) — Bank of BarodaFloating Rate Savings Bonds 2020 (Taxable) — Bank of Baroda service route
Current government rate / mechanism7.50% p.a. for e-KVP purchases in the current 1 July–30 September 2026 quarter; unlike PPF/SSA, the rate at purchase is contractual and remains applicable through that certificate’s maturity. Current maturity is 115 months.Current 1 July–31 December 2026 coupon is 8.05% p.a. by published formula: the current NSC rate of 7.70% plus 35 basis points. This is formula-derived from current government small-savings evidence, not copied from a fresh Bank of Baroda numeric bulletin. Interest is paid semiannually and is taxable.
Contribution / investment / termMinimum ₹1,000 and then ₹100 multiples; no maximum investment limit under the reviewed scheme page.Minimum ₹1,000 in ₹1,000 multiples; no maximum subscription limit. Each investment has a seven-year maturity from its subscription date.
Payout / tax / scheme benefitsGovernment-backed contractual return, nomination, branch and eligible bob World purchase routes, and ability to use the certificate as collateral under applicable rules.Government of India bond, half-yearly interest, nomination and no maximum investment ceiling. The rate resets every 1 January and 1 July using the published NSC-plus-35-bps formula.
Liquidity / loan / transfer rulesNormal premature closure is available only after 2 years 6 months. Earlier closure is limited to specified death, forfeiture by eligible pledge or court-order cases. No Section 123 principal deduction is modeled for KVP.Not tradable in the secondary market and not eligible as loan collateral. Premature encashment is restricted to eligible investors aged 60+: six-year lock for ages 60–70, five years for 70–80 and four years for 80+, with the current premature-redemption penalty mechanics.
Scheme eligibilityResident Indian adults, eligible purchases on behalf of minors and permitted joint adult holdings. NRI, HUF, trust, company and charitable-organization purchase is excluded by the reviewed Bank of Baroda page.Resident individuals, including permitted joint holdings and guardian/minor holdings, and HUFs under the reviewed bond terms. NRI purchase is not modeled as eligible.
Government / service-channel ruleAll Bank of Baroda branches are stated to be authorized to issue e-KVP and eligible customers can purchase through bob World; the Government sets the quarterly new-purchase rate, while the booked rate remains contractual to maturity.Bank of Baroda is one authorized receiving/service route; RBI operational guidelines state the bonds are Government of India securities serviced through authorized receiving offices. The coupon is government-formula-driven rather than bank-set.
Wrong-fit risks

Keep each product’s cautions beside the product.

A useful comparison shows what can make either option unsuitable instead of averaging those conditions into a score.

Bank of Baroda

e-Kisan Vikas Patra (e-KVP) — Bank of Baroda

  • KVP is not put into the ordinary bank-FD rate finder because its government-set certificate mechanics and lock rules differ from bank deposits.
  • The current Bank of Baroda page contains stale legacy FAQ fragments alongside its current 7.50% / 115-month facts; the current Government Q2 notification and current top-level product facts control.
  • No Section 123 / Schedule XV principal deduction is modeled for KVP.
  • Using KVP as collateral creates borrowing risk and should not be treated as equivalent to free liquidity.
Bank of Baroda

Floating Rate Savings Bonds 2020 (Taxable) — Bank of Baroda service route

  • 8.05% is a formula-derived current half-year coupon from NSC 7.70% + 0.35%; the coupon can change at the next half-year reset.
  • Interest is taxable and TDS can apply under current rules; this is not a tax-free government bond.
  • The bond is illiquid for investors below the eligible senior-age premature-redemption route and cannot be pledged for a loan.
  • Do not compare the floating coupon directly with a fixed-at-opening SCSS/KVP rate without considering reset risk and cash-flow timing.
Research tools

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Independent source state

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Bank of Baroda

e-Kisan Vikas Patra (e-KVP) — Bank of Baroda

Reviewed
September 10, 2026
Attached first-party sources
3
Open primary bank source ↗
Bank of Baroda

Floating Rate Savings Bonds 2020 (Taxable) — Bank of Baroda service route

Reviewed
September 10, 2026
Attached first-party sources
4
Open primary bank source ↗
MethodologyResearch statusMore banking comparisons

First-party source appendix

These are the exact source URLs already attached to the two research records. Re-open the controlling documents before relying on a fee, rate, limit, eligibility rule or benefit.

e-Kisan Vikas Patra (e-KVP) — Bank of Baroda

Reviewed September 10, 2026 · 3 attached first-party sources

  1. Issuer product pagehttps://bankofbaroda.bank.in/investments/government-deposit-schemes/e-kisan-vikas-patra-scheme
  2. Issuer product pagehttps://dea.gov.in/budget-division/475
  3. Issuer product pagehttps://indianbank.bank.in/en/interest-rates-for-small-savings-schemes

Floating Rate Savings Bonds 2020 (Taxable) — Bank of Baroda service route

Reviewed September 10, 2026 · 4 attached first-party sources

  1. Issuer product pagehttps://bankofbaroda.bank.in/investments/government-deposit-schemes/floating-rate-savings-bonds
  2. Issuer product pagehttps://www.rbi.org.in/scripts/NotificationUser.aspx?Id=11924
  3. Issuer product pagehttps://indianbank.bank.in/en/interest-rates-for-small-savings-schemes
  4. Issuer product pagehttps://dea.gov.in/budget-division/475