Why need to Invest in government Bonds
Issued by the Indian government’s National Savings and Investments scheme, bonds is an easy and secure method to save money along with a chance of winning tax-free bonds in india . It ensures investors that their capital stays 100% safe. Generally, there are two types of bonds in india now we discuss — Government Bonds in india & Corporate Bonds in india . Why need to Invest in government Bonds A bondholder invests money to buy bond s in the government. Instead of paying interest to bond holders, the government pays money into a prize fund and provides the bondholder a chance to win tax-free prizes. Bonds in India cannot be maintained in joint names and are not transferable to another individual. Among the great advantages is that all or a part of bonds can be cashed any time you want. A person can buy the bond online through Bonds India, a best bond platform i...