8% Savings (Taxable) Bonds
Who can invest?
- Resident Indians, HUF, Charitable Institutions & Universities.
Interest Rate: 8%
Interest Payable: Half-yearly and cumulative option available.
Issue Price: Rs.1000 (Face Value) and in multiples thereof.
Period: 6 Years
Maximum Investment: No Limit.
TDS: No TDS will be deducted on interest.
Nomination: Nomination facility available.
Cumulative Option: Rs.1000 becomes Rs.1601 after 6 years.
For Equity Trading, Mutual Funds, IPO, Demat a/c, Insurance Contact: