ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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STATE BANK OF INDIA-Overseas Development Bonds

in 855 branches of nine designated banks all over the country. The minimum deposit under the scheme will be Rs 10,000 and thereafter in multiples of Rs 1,000. There is no upper limit on the number of deposits or the amount of deposits under the scheme. The provisions of the Wealth Tax Act will also not apply to the depositor in respect of the deposit for the assessment year 1991-92. The scheme will remain open up to November 30, 1991.

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