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Who can invest in the RBI Relief Bonds?
The following can invest in RBI Bonds:
An individual in his or her name or on behalf of a minor, or jointly with one or more individuals.
A Hindu Undivided Family.
A Non-Resident Indian (without the right of repatriation of principal).
Government Promissory Notes can also be issued on anyone or survivor basis.
Bonds can be held by a minor with one or more major individual/s (including a minor).
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Mutual Funds NAVs