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8% TAXABLE SAVINGS BOND
The bond is guaranteed by the Government of India for payment of interest as well as principal. There is no maximum limit on investment and the minimum investment should be of Rs.1000. The investments in this bond can be made by Individual, HUF, Charitable Institutions & University. The tenure of the bond is 6 years. The bond will carry an interest of 8% p.a. and can be issued in the form of cumulative & non-cumulative, depending upon the option of the investor. In case of non-cumulative bonds, interest will be payable on half yearly basis on 31st July & 31st January every year and in case of cumulative option, the investor will receive Rs.1601 at the time of maturity for every Rs.1000 invested. The bonds are not transferable & cannot be offered as a collateral security to any party.

6.50% TAX FREE SAVINGS BOND
The bond is guaranteed by the Government of India for payment of interest as well as principal. The interest on bond will be exempt from income-tax under the Income Tax Act,1961. There is no maximum limit on investment and the minimum investment should be of Rs.1000. The investments in this bond can be made by Individual & HUF. The tenure of the bond is 5 years. The bond will carry an interest of 6.50% p.a. and can be issued in the form of cumulative & non-cumulative, depending upon the option of the investor. In case of non-cumulative bonds, interest will be payable on half yearly basis on 1st July & 1st January every year and in case of cumulative option, the investor will receive Rs.1376.90 at the time of maturity for every Rs.1000 invested. The bonds are not transferable except by way of gift to the relatives as defined in the Companies Act, 1956. The bonds are not tradable in the market & cannot be offered as a collateral security to any party. There is a premature option available to the investor after 3 years but the redemption amount will be payable
only on the following due date.

RETAIL GOVERNMENT SECURITIES (G-Sec)
Recognizing the need for retail participation in G-Sec, the Govt. of India has allowed retail investors to invest in government securities directly. The zero default risk of the G-Sec offer one of the best reasons for investments in G-Sec. The retail investors can buy the G-Sec from WDM Members, Primary Dealers or banks. There will be no TDS on interest payments. The interest on G-Sec qualifies for additional deduction of Rs.3,000 under Sec. 80L. The investor can take the loan against G-Sec and the leverage available to the investor will be highest in comparison to any other security. The investor can buy the G-Sec of any tenure ranging between 1 year to 30 years.