Government of India Bonds

Particulars

Description

Interest Rate

8 % Taxable Bonds

Interest Payable

Halfyearly (or) Cumulative

Taxation

Taxable

InvestmenTPeriod

6 Years

Rs.1000 Becomes

Rs.1601

EligibleInvestors

Individuals,HUFs,Minor through Guardian

Minimum Investment

Rs.1000 and in multiple thereof

MaximumLimit

No Limit

TDS

Yes

Wealth Tax

Fully Exemptunder Wealth TaxAct 1957

Issued In The Form Of

Only in Bond Ledger A/C

Nomination Facility

Available

Premature Encashment

Not Available

Loan Facility

Not Available

Transferability

Cannot be transferred

Tradability

Cannot be traded

For any query, please feel free to contact us.