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    <description>Redemption under the Scheme fixes repayment at the expiration of eight years with permitted premature redemption after the fifth year on the next interest payment date; redemption is in Indian Rupees and the price is the simple average of the closing price of 999 purity gold for the previous three working days published by the India Bullion and Jewellers Association Limited; the RBI/depository must notify investors one month before maturity.</description>
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