| Issuer |
Reserve Bank of India |
| Face Value |
Rs 1,000 |
| Min. Invest. |
Rs 1,000 |
| Max. Invest. |
No limit |
| Interest Rate |
6.5% p.a. |
| Payable |
On half yearly rests or cumulatively |
| Maturity |
5 years |
| Subscription |
Cash/cheque/ drafts/matured relief bonds
|
|
Key Features
|
Tax exemptions
| Exempt from wealth and income tax |
|
Applications
| Offices of RBI and bank branches as notified by RBI |
|
Nomination facility
| Available
|
| Please note that the 6.5% bonds have been discontinued with effect from July 2004 |
| Know more about 8% Bonds? |
|
