Government of India Bonds

Government of India Bonds

The Bonds may be held by an individual, in his or her individual capacity, or on joint basis, or anyone or survivor basis, on behalf of a minor as father/mother legal guardian, a Hindu Undivided Family, Charitable Institutions and Universities. NRIs are not eligible to subscribe.

Minimum Rs. 1000/- and in multiple thereof with no maximum limit.

Repayable on expiry of 6 years from the date of issue. Premature encashment of the Bonds is not allowed.

Rate of interest various from time to time