Form Of Nomination


This document deals with the relief bonds and the details of the person to be nominated to receive the right to the bond or receive payment of the amount which is due on the bond to be paid to him after the death of the holder. A bond is basically an agreement with legal force. Relief Bonds are instruments that are issued by the RBI and interest received is tax-free in the hands of the investor. The form bears the details of the nominee along with 10% relief bonds with details of the amount and relationship of the nominee with the depositor which is dealt in Para 12 of 10% relief bonds rules, 1993.

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