| Maturity Period |
6 years |
| Maximum Investment |
Unlimited in multiples of Rs.1,000/- |
| On Maturity |
Rs.1601 (for every 1000) |
| Collateral Facility |
Available |
| Minimum Investment |
Rs. 1000/- |
| Date of Issue |
Date of realization of the funds |
| Form of Bond |
Only in the form of Bonds Ledger Account |
| Taxability |
TDS, Interest is considered as income under taxable head |
| Nomination |
Yes |
| Transferable |
No |
| Risk Attached |
Low Risk |
| Loan Available |
No |
| Rate of Interest |
8.0% per annum (Taxable) |
| Tradability |
No |
| Eligibility |
Individual, NRI, HUF, Charitable institution or University |
| Subscription |
In the form of Cash/Drafts/Cheques to the bank |
| Overall Liquidity |
Not tradable |