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    <title>REPAYMENT OF 8% SAVINGS(TAXABLE)BONDS,2003</title>
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    <description>Repayment procedures require Agency banks to notify Bond Ledger Account holders one month before maturity and to effect repayment by pay order or electronic credit under Regulation 24. Where bank account particulars exist, automatic redemption and electronic credit on the due date are authorized without Annexure 1A; otherwise holders must submit Annexure 1A or provide an electronic mandate (Annexure 1B). No interest accrues after maturity; PAN/Form 60 requirements apply where repayment exceeds the prescribed threshold.</description>
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      <description>Repayment procedures require Agency banks to notify Bond Ledger Account holders one month before maturity and to effect repayment by pay order or electronic credit under Regulation 24. Where bank account particulars exist, automatic redemption and electronic credit on the due date are authorized without Annexure 1A; otherwise holders must submit Annexure 1A or provide an electronic mandate (Annexure 1B). No interest accrues after maturity; PAN/Form 60 requirements apply where repayment exceeds the prescribed threshold.</description>
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      <pubDate>Tue, 24 Mar 2009 00:00:00 +0530</pubDate>
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