RbiSearchHeader

Press escape key to go back

Past Searches

Theme
Theme
Text Size
Text Size
S1

Notification Marquee

RBI Announcements
RBI Announcements

RbiAnnouncementWeb

RBI Announcements
RBI Announcements

Asset Publisher

55825437

Inflation Indexed National Savings Securities- [IINSS-C]

RBI/2013-14/534
DGBA.CDD.No. 5449/13.01.999/2013-2014

March 26, 2014

The Chairman & Managing Director
Head Office (Government Accounts Department)
State Bank of India & Associate Banks
All Nationalised Banks
ICICI Bank Ltd., HDFC Bank Ltd, Axis Bank Ltd., and
Stock Holding Corporation of India Ltd. (SHCIL)

Dear Sir/Madam,

Inflation Indexed National Savings Securities- [IINSS-C]

Please refer to our circulars DGBA.CDD.No.3688/13.01.999/2013-2014 dated December 19, 2013 and DGBA.CDD.No. 3798/13.01.999/2013-2014 dated December 30, 2013 on the captioned subject.

2. Government of India has vide their Notification dated March 25, 2014 notified that the maximum limit for investment in Inflation Indexed National Savings Securities- Cumulative has been increased to Rs. 10 lakh per annum for eligible individual investors and Rs. 25 lakh per annum for Institutions such as HUFs, Charitable Trusts, Education Endowments and similar institutions which are not pro-profit in nature. The subscription will close on March 31, 2014. The other terms and conditions of the Notification dated December 19, 2013 shall remain unchanged.

3. You may urgently bring this to notice of all your branches.

Yours faithfully,

Dharmendra Bagada
(Manager)


Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)

New Delhi, Dated March 25, 2014

NOTIFICATION

Inflation Indexed National Savings Securities – Cumulative – 2013

No. F 4(16)-W&M/2012: The Government of India hereby notifies that the maximum limit for investment in Inflation Indexed National Savings Securities – Cumulative has been increased to Rs.10 lakh per annum for eligible individual investors and Rs.25 lakh per annum for institutions such as HUFs, Charitable Trusts, Education Endowments and similar institutions which are not pro-profit in nature. The subscription will close on March 31, 2014. The other terms and conditions of the Notification dated December 19, 2013 shall remain unchanged.

By Order of the President of India

(Dr. Rajat Bhargava)
Joint Secretary to the Government of India

RbiTtsCommonUtility

PLAYING
LISTEN

Related Assets

RBI-Install-RBI-Content-Global

RbiSocialMediaUtility

Install the RBI mobile application and get quick access to the latest news!

Scan Your QR code to Install our app

RbiWasItHelpfulUtility

Was this page helpful?