May 15, 2012

Govt. of India 8% Savings Taxable Bonds - 2012

8% RBI Savings Bond : Government of India decided to issue 8% Savings (Taxable) Bonds, 2003 with effect from 21st April 2003.

Cumulative Interest Option  / Non-Cumulative Interest Option -Interest Payable  Half Yearly

Period  (Years)      Interest Rate (%) p. a.
6                                   8.00%

Eligibility for investment : The Bonds may be held by -

  • Individual.
  • HUF’s.
  • Charitable Institution.
Limit on Investments : No maximum limit .
Issue Price : The Bonds will be issued at per 1.e. at Rs. 100.00The Bonds will be issued for a minimum amount of Rs. 1000/- (face value) and in multiples thereof. Accordingly, the issue price will be Rs. 1000/- for every Rs. 1,000/- (Nominal).
Interest : The bond will be issued in cumulative / non cumulative from, at investor’s option.
The Bond will bear interest at the rate of 8% per annum. Interest on non-cumulative bonds will be payable at half-yearly intervals from the date of issue. Interest on cumulative bonds will be compounded with half-yearly rests and will be payable on maturity along with the principal. Interest to the holders opting for non-cumulative will be paid from date of issue upto 31st July/31st January, as the case may be and thereafter at half-yearly for period ending 31st July/31st January on 1st August and 1st February.
Interest on bonds will be paid, by cheque/warrant or through ECS by credit to bank account of the holder as per the option exercised by the investor/holder.
Tax Treatment : Interest on the Bonds will be taxable under the Income-Tax Act, 1961 as applicable according to the relevant tax status of the bond holder.
Repayment : The Bonds shall be repayable on the expiry of 6 years from the date of issue. No interest would accrue after the maturity of the Bond.
T D S : No tax will be deducted at source while making payment of interest on the cumulative and non-cumulative Bonds from time to time.
Nomination : A sole holder or a sole surviving holder of a bond, being an individual, may nominate one or more persons who shall be entitled to the Bond and the payment thereon in the event of his/her death.
Transferability : The Bond shall not be transferable. Tradeability against Bonds. The Bonds shall not be tradeable in the secondary market and shall be eligible as collateral for loan banks, financial Institutions and Non banking Finincial Companies, (NBFC) etc. Invest your money in Safe Bonds.

 To apply Kindly indicate your interest on by Calling us at 0-9818269396, or email at We shall send you the Soft / Hard copy of application forms

Contact Us

Email: | Phone: 0-981-826-9396 | Fill Inquiry Form Click Here

Invest Online

For Quick Navigation

54EC Bonds AA Rated AA+ BONDS AA+ FD AAA RATED Allotment Status Asset Allocation Assured Return Project Bhiwadi Real Estate Bonds BSLI Capital Gain Bonds Capital Protection Funds Commercial Property Company FD News corporate fd Corporates Debenture Debt Funds Delhi Real Estate DHFL Dwarka Expressway Economy Updates Faridabad Real Estate FD Schemes Financial Planning FIXED DEPOSIT RATES Fixed Maturity Plans FMP Fund Manager Speaks Ghaziabad Real Estate GOLD Government Saving Schemes Greater Noida Real Estate Guest Article Gurgaon Real Estate HDFC Health Insurance Health Policy home loans IIB Inflation Indexed Bonds Infrastructure Bonds Investor Guide IPO Updates Jaiprakash Fixed Deposit Latest FD Schemes Life Insurance Plans Liquid Fund Ludhiana Real Estate Mahindra Finance FD Manufacturing Companies FD Market Updates Mediclaim Policy MF ELSS MF Schemes Mutual Funds NABARD Bonds NBFC Fixed Deposits NCD NCD Issue NCD Listing New Launch NFO's Noida Extn Noida Real Estate Non Rated FD NRI Fixed Deposits NRI Investments online mutualfunds PAN Card Procedure PE Fund Plots PMS PNB Housing Post Office Schemes Private Equity Fund Private Placement PSU Bonds Public Issue Rated FD Schemes RBI Bonds Real Estate Fixed Deposits Real Estate Fund Reality Retirement Planning RGESS Secured Bonds Secured NCD Shriram Transport Deposits SIP SIP Recommendation Small Saving Sohna Real Estate STFC Deposits Tax Free Bonds Tax Saving Schemes Tax Saving Tips Union Budget 2013 Unitech Fixed Deposits Updates in FD Rates Yamuna Expressway

Post your Queries with Name, Contact Number & Scheme interested in.

Click Here - Contact Us We will give you a call back.

For Fixed Deposits


The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.