New Delhi, Sept. 2 -- RBI Floating Rate Savings Bonds can appeal to investors looking for a government-backed fixed-income investment, but choosing the offline route means consumers need to know where to apply, what information to keep ready and how the investment will be recorded.

The process is straightforward in principle, but practical issues such as branch-level familiarity, payment realisation and taxation can affect the experience and the return an investor ultimately earns.

"Offline is not a workaround here. It is the original route, and for a large part of the buyer base for this bond, it is still the primary one," said Anooj Mehta, partner at 1 Finance.

Adhil Shetty, CEO of BankBazaar, said consumers should ensure that they u...