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If you are looking for assured fixed returns with complete safety of your principal amount, GOI Bond is an attractive investment option.

Eligibility

Individuals (single, joint or minor) and HUFs can invest in these Bonds. Face Value of Bond is 1,000 and the minimum investment is one bond ( 1000). Non-Resident Indian cannot invest.

Limit and Tenure

There is no maximum limit on Investment. Bond tenure is 7 years.

Benefits

Secure

GOI bonds are issued by RBI. They are sovereign in nature and absolutely safe

Hassle-free maintenance

GOI Bonds are issued only in the DEMAT mode and credited to the Bond Ledger Account (BLA) of the investor which is created on the date of realization of draft/cheque

Exemption from Wealth Tax

Interest is taxable under IT Act 1961. Exempt from Wealth Tax under Wealth Tax Act 1957

Pre-mature encashment for senior citizens

Pre-mature encashment facility is available for investor in the age bracket of 60 to 70 years after 6 years, for investor in the age group of 70-80 after 5 years and investor in the age exceeding 80 years would be 4 years from the date of issue

Automated process

Redemption and Interest payment is automated through the National Electronic Clearing System (NECS) service

GOI Bonds – A secured investment for the future

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