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Savings Bond - Basic Features

The main features of these bonds are as follows:

8% Savings Bonds (Taxable), 2003

Maturity Period
6 years
Rate of Interest
8.0% per annum (Taxable)
Risk Attached
Low Risk
Minimum Investment
Rs. 1,000/-
Maximum Investment
Unlimited in multiples of Rs.1,000/-
Collateral Facility
Available
Overall Liquidity
Not tradable
Date of Issue
Date of realization of the funds