The payment methods for investing in 54EC IRFC-REC and PFC Capital Gain Bonds generally include:
1. Cheque: Investors can make payment for the subscription amount through a cheque. Cheque issued in favour of the designated bank account specified for the bond issue.
2. Demand Draft (DD): Alternatively, investors also may choose to make payment through a Demand Draft. Demand Draft drawn in favour of the designated bank account mentioned for the bond issue.
3. RTGS (Real-Time Gross Settlement): Real-Time Gross Settlement also allows investors to transfer funds electronically from their bank account to the designated bank account for the bond issue. Also this method provides a secure and immediate transfer of funds.
4. NEFT (National Electronic Funds Transfer): National Electronic Funds Transfer is electronic payment method that enables investors to transfer funds from their bank account to the designated bank account for the bond issue.
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