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BONDS AND DEBENTURES

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BONDS AND DEBENTURES

Grama Suraksha Integrated Foundation (GSIF) has many attractive deposit schemes which provide greater benefit and higher return to the depositors on completion of the period of deposit.The deposits are accepted in the forms of Bonds and Debentures with a lock-in period of 366 days.Debentures are accepted for various time durations varying from 1 year to 5 years with attractive interest rates.

The details of the profit earned by the customer including the bonus earned by the customer depositing under various schemes are as shown in the following table.

1. DEBENTURES AND BONDS INTEREST RATES

Period Monthly Interest Yearly Interest
1 Year 11% 11.5%
3 Years 11.5% 12%
4 Years 11.75% 12.25%
5 Years 12% 12.5%

Frequently Asked Questions(FAQS)

Grama Suraksha integrated Foundation (GSIF) is a Section-8 company registered under the Government of India, Ministry of Corporate Affairs (MCA) under the license number 120856. It functions as per the relevant guidelines being received from the MCA.
The minimum deposit period for a debenture issued by GSIF is 366 days.
No. The premature closing of a debenture before is minimum period is not permitted. The details of the minimum period of debentures and bonds are given in the table for ready reference.
Yes.In addition to the annual interest a debenture holder is entitled for bonus depending upon the annual yield. The details are given in the table for reference.
Yes.To have a new share account in his name and submit the KYC details are compulsory for a person who intends to be a part of GSIF under any scheme irrespective of deposit schemes or loans.
This kind of loan is aimed to provide them the requisite capital to start-up or expand their business venture of their own.
This type of loan is secured by their mutual guarantee among the members of the loan group. Hence the same cannot be provided to a single individual.
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