Payment of Interest

Non-cumulative (half yearly): Interest to the holders opting for non-cumulative bonds will be paid from date of issue up to 31st July/31st January as the case may be and thereafter half yearly for period ending 31th July and 31st January on 1st August and 1st February

Cumulative Interest at the rate of 7.75% per annum compounded with half yearly rests and will be paid to the investor on maturity along with principal. (the maturity value of the bonds shall be Rs 1703.00/- for every Rs1000/-) (subject to TDS as applicable)