Though the tenor of the bond is 8 years, early encashment/redemption of the bond is allowed after the fifth year from the date of issue on coupon payment dates. The bond will be tradable on Exchanges, if held in Demat form. It can also be transferred to any other eligible investor
Can I encash the bond anytime I want? Is premature redemption allowed? Print
Modified on: Thu, 16 Dec, 2021 at 12:23 PM
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