Government of India 7.75% Savings (Taxable) Bonds 2018

Features and benefits of GoI- Govt. of India – RBI 7.75% Savings (Taxable) Bonds 2018

• 7.75% p.a. rate of interest
• 100% risk free investment option
• No maximum limit on investment
• 7 years tenure of the bond from the date of issue
• Choose from Half Yearly Payable interest and Cumulative interest (on maturity)
• For Half-yearly period ending 31st July/31st January interest paid on 1st August and 1st February.
• Interest on Bond will be paid, by through ECS etc. by credit to bank a/c
The bonds will be exempt from Wealth-Tax under the Wealth-Tax Act, 1957.

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