Call your bank or other local banks in India and ask if they are selling RBI bonds. Most commercial branches will have them.
Go to a bank that is offering the RBI bonds and speak with a customer service representative. Fill out any paperwork to register the bond in your name or the name of a minor child. Provide the bank representative with proof of identification.
Pay for the bonds. The minimum bond purchase is 1,000 rupees.
Hold the bond for five years until it matures and receive tax-free earnings.