Money Multiplier Bonds - 0199 - Two?

Question

Issue Price : Rs. 4700/- Face Value : Rs. 50, 000/- Deemed Date of Allotment : March 3, 1999 Redemption Date : March 3, 2017 Kindly communicate on the status of the above Bond and procedure for redemption.

Answer 1

Devendra,

 

In order to respond to your query, please provide issuer details. If the bonds are in the Demat form, the maturity amount will be credited to your linked account on due date. If these bonds are in physical form, the procedure for redemption must have been mentioned on the back side or the covering letter.

In the absence of issuer details, it is not possible to provide exact solution.

Regards

Deepak