IINSS-C Inflation Indexed National Saving Securities -Cumulative Bonds Acceptance

An Ideal Instrument that is Risk Free, and will also protect savings from inflation subscriptions accepted till 31 march 2014.

The Best things about IINSS-C Plan:

  • Investment Amount: minimum Rs.5000 & Maximum Rs.5 lac p.a
  • Tenure of Bonds: 10 Years
  • Rate of Interest: base rate of 1.5% (annual) + inflation rate based on the final combined consumer price index.

Best Offers or Features:

Early Redemption, after 1 year for senior citizens and after 3 years for all others.

Highlights of the Plan:

  1. Investor can nominate one or more persons including NRI’s
  2. Security can be pledged as collateral for taking loan securities, issued in the form of Bonds ledger accounts (BLA), will be held with RBI
  3. No Need to open BLA with any bank for making investment

Eligibility:

  • Individual; HUF
  • Charitable institutes & Universities

For Investment; Contact nearest branch of United bank of India.