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Old November 29th, 2015, 02:54 PM
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Default SHCIL RBI Bonds

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  #2  
Old January 25th, 2018, 10:48 AM
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Default Re: shcil rbi bonds

I want to know the GOI Savings Bonds of Stock Holding Corporation of India Limited SHCIL so can you tell me?
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  #3  
Old January 25th, 2018, 10:48 AM
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Default Re: shcil rbi bonds

GOI Savings Bonds are issued by RBI in 8% Taxable (Savings) Bonds, 2003 only.

8.0% taxable bonds

These Bonds are held in electronic form in an account called Bond Ledger Account (BLA). Bond Ledger Accounts can be opened and operated with RBI designated Receiving Offices.

StockHolding has been designated as one of the Receiving Offices by RBI for this purpose. Subscriptions for Savings Bonds can be submitted at any of their branches.

Savings Bonds being sovereign in nature are absolutely safe and an attractive investment option in the current volatile market situation.

The following categories can subscribe to Savings Bonds :


Category of Investor-

Individual-

His or her individual capacity.

Individual capacity on joint basis.

Individual capacity on anyone or survivor basis

On behalf of a minor as father/mother/legal guardian.

HUF (Hindu Undivided Family)

Charitable Institution-

Charitable Institution to mean a Company registered under Section 25 of the Indian Companies Act 1956.

An Institution which has obtained a Certificate of Registration as a Charitable Institution in accordance with a law in force.

Any institution which has obtained a certificate from Income tax Authority for the purposes of Section 80G of the Income Tax Act, 1961

University-

University means a University established or incorporated by a Central, State or Provincial Act and includes an Institution declared under section 3 of the University Grants Commission Act, 1956 to be a University for the purposes of that Act.

Contact-

Regd. Office Address :

Centre Point,
Unit No.301, 3rd Floor,
Dr. B. Ambedkar Road,
MUMBAI-400012

Operations Office Address :

SHCIL House,
Plot No, P-51, TTC Industrial Area,
MIDC,Mahape,
Navi Mumbai-400710
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