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Bonds

8% (taxable) RBI Relief Bond

For Whom ?

  • Charitable Trusts - This is the best option available to trusts

  • Resident Individuals - In the name of Minor & HUF’s

Limit of Investment : No maximum limit

Interest : 8% p.a. payable half-yearly or Rs.1,000 becomes Rs.1,601 after 5 years

Period/ Duration : 5 Years

Investment : Min. Rs.1,000 and no upper limit

Tax Benefits : Income Taxable but Wealth Tax exempted

Transferability : Non Transferable and pledgeable

Clarification on TDS : No TDS will be deducted as per the recent notification

 

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 Call 1860 266 6601#
# Customers outside India need to dial +91 22 6601 6601. Customers in Mumbai can also call at 6601 6601. Call charges apply.
 

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