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FAQs

Bonds - What is the eligibility to apply for Nabard Bonds?
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  • Resident Indian individuals in their own name or in the name of their minor children as natural legal guardians
  • Hindu Undivided Families (HUF) through the Karta of HUF
  • Administrators of Provident fund, Superannuation Funds and Gratuity Funds
  • Companies and Body Corporates, societies registered under relevant laws in force in India
  • Partnerships firms
  • Commercial banks, regional rural banks, co-operative banks
  • Financial institutions, statutory corporations
  • Insurance companies
  • Mutual funds
  • Trusts which are authorized to invest in the bonds and
  • NRIs/OCBs/FII, on non-repatriable basis only.

Applications by Corporate Bodies/ Companies/ FIs/ Statutory Corporations:

The applications must be accompanied by true copies of Memorandum and Articles of Association/constitution/Bye laws, resolution authorizing investment and containing operating instructions, specimen signatures of authorized signatories.