Is it possible to transfer 54EC IRFC-REC-PFC Capital Gain Bond? May I get a loan or advance on the 54EC IRFC-REC-PFC Capital Gain Bond?

54EC IRFC-REC-PFC Capital Gain Bonds are non-transferable, meaning they cannot be transferred to another person or entity. They are also non-negotiable, which means they cannot be traded or sold in the secondary market. Additionally, these bonds cannot be used as collateral to secure a loan or advance from a bank.

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