Finance · Free tool
T-Bill Yield Calculator
Treasury Bills are zero-coupon instruments issued by RBI on behalf of GoI. You buy at a discount; face value paid at maturity. Annualised yield depends on tenure (91/182/364 days).
₹100
₹98.40
Annualised yield
6.52%
Discount per unit: ₹2
Tenure: 91 days
Tenure: 91 days
FAQ
Where do I buy T-Bills?
Direct via RBI Retail Direct (rbiretaildirect.org.in) — zero charges. Or via banks/brokers — small fees apply. Auctions every Wednesday.
Are T-Bills risk-free?
Sovereign default risk = essentially zero. But interest rate risk if you sell before maturity — yields move inversely to prices.
Tax on T-Bill returns?
The discount earned is taxable as "income from other sources" at slab rate, not as capital gains. No TDS at source.