NABARD Rural Bonds

NABARD Terms & Conditions

i. Investments in NABARD Rural Bonds will qualify for tax exemption under Section 80C of IT Act, 1961.

ii. Face Value : Each bond has a face value of Rs. 1,000/-.

iii. Tenure of Bond : The bonds will be issued for a tenure of 5 years from the deemed date of allotment. The lock in period
for the bonds will be 5 years.

iv. Who can apply : Individuals in their own names or in the name of their minor children as natural/legal guardians. Hindu
Undivided Families through the Karta of the Hindu Undivided Family. (Applications by HUF would be given the same
treatment as that to applicants by individuals).

v. Minimum Investment : The minimum investment under NABARD Rural Bonds shall be Rs. 5,000/- i.e. five bonds and in
multiples of Rs. 1,000/- thereafter.

vi. Deemed Date of Allotment : Last day of the month of investment shall be the deemed date of allotment of the bonds.
All the benefits under the bonds will accrue to the investors from this date.

vii. Interest payment : The rate of interest of the Rural Bonds will be announced in the leading newspapers from time to
time and also notified on the NABARD website:www.nabard.org. Interest will be calculated on annual or cumulative basis
as per the option. Applicants will be paid interest on their application money @ 5.00% p.a. from the date of realisation of
application money upto one day prior to the deemed date of allotment and will be sent to the investor alongwith the first
interest payment.

Additional interest of 50 bps will be paid to senior citizen applicants i.e aged 60 years and above at the time of submission
of application.

viii. Terms of Payment : The full amount of face value of the Rural Bonds applied should be paid along with the
application.

ix. Investment holding : Investment in bonds may be held either in “Physical Form” or in “DEMAT Form”. One consolidated
certificate will be issued against each application, wherever the bond is issued in physical form.

x. Depository Arrangement : Investors will have the option to hold the security in dematerialised form and deal with the
same as per the provisions of Depositories Act, 1996 (as amended from time to time). The investors opting for bonds in
demat form are required to follow the necessary guidelines in this regard.

xi. Despatch of Bond Certificates and Refund Orders : NABARD shall ensure despatch of refund orders and bond
certificates by Registered Post/Speed Post only. Despatch of bond certificates shall be completed within 60 days from
the deemed date of allotment.

xii. Despatch of Interest Warrant : Interest warrants will be despatched as per option (annual/cumulative). Interest/
Redemption payment will be made through ECS. For non-MICR cities, the interest warrant pertaining to the bonds in
demat form will be sent by Registered Post if the amount exceeds Rs. 1000/-. NABARD shall not be responsible for any
delay in receipt of the bond or the interest warrant.

xiii. Rejection of applications : NABARD reserves the rights to accept or reject any application in whole or in part and in
either case without assigning any reason therefor. In the event the bonds applied for are not allotted in full/part, the
excess application money, without interest, in respect of any application will be refunded. Any application for bonds,
which is not complete in all respects, may be rejected.

xiv. Mode of Refunds : In case of rejection of applications or non-allotment of the bonds, refunds will be made by cheque
or by pay order drawn on any bank payable at centres as per the details furnished in the application form.

xv. Redemption : Bond certificate/s need not be surrendered for redemption.

xvi. Transferability : The bond is non-transferable and cannot be offered as a security for any loan or advance.

xvii. Application under Power of Attorney : In the case of applications made under Powers of Attorney, a certified copy of
the Power of Attorney and/or the relevant authority letter, as the case may be, must be lodged separately at the office of
the Registrars to the Issue, — to be notified on our website.

xviii. Nomination : Individual investors can opt for nomination, to whom, in the event of death of the holder(s), the amount of
bond may be paid. Where the bond is held by two or more persons, the nominee shall become entitled to receive the
amount only on the demise of all the holders.

xix. Death of First holder : In case of death of the first applicant, payment of redemption value of the investment will be made
to the second applicant.

xx. Governing Law : The bonds are governed by and shall be construed in accordance with the existing laws in India,
NABARD Bonds Regulations, SEBI/RBI directives or any other regulation. Any dispute arising thereof will be subject to
jurisdiction at Mumbai.

xxi. Investor relations and Grievance Redressal

Arrangements have been made to redress investor grievances expeditiously. All grievances related to the issue
quoting the application number (including prefix), number of bonds applied for, amount paid on application
and Bank and Branch/NABARD collection Centre where the application was submitted, may be addressed to the
Chief General Manager, Finance Department, National Bank for Agriculture and Rural Development, C-24, G Block,
Bandra-Kurla Complex, Bandra (East), MUMBAI 400 051.

For further details log on to our website – www.nabard.org

 DESIGNATED BRANCHES OF HDFC BANK
Location Name Telephone Number Location Name Telephone Number Location Name Telephone Number Location Name Telephone Number
Agra 0562-3052011/016/2524089 Deogarh 09931770723 Katni 07622-409034, 98939-96196 Rajkot 0281-2461431 & 098255-56148
Ahmedabad 079-65217163 Deesa 02744-645326, 9328931611 Khanna 01628-229953 Rajpura 01762-243114/243111-13
Ahmednagar 0241-2451963/2451194 Dehradun 0135-745295/9319393880/ Khurja 05738-245539, 245534 Ramgarh Cantt 09931770724
Ajmer 0145-5100123 9319072148 Kota 0744-2390485 (D), Ramganj Mandi 09875091240/09928491342
Akola 0724-2432204 DELHI 011-41699406/41699418 9829 230 230 Rampur 01782-233609
Aligarh 0571-2741973 Dhamtari 09300947672/ Kolhapur 0231 2651905/6/8/9/10 Ranchi 0651-6451133
07722-236470/31/32 Kotkapura 01635-502763
Alibaug 02141-221405 / 06 / 07 Ranigaunge 0341-6453650
Dhanbad (0326) 2308831 Kottayam 0481-300361/2/3
Allahabad 0532-2260049 Ratlam 07412-500672/500470
Dharamshala 01892-229560, 229550 Kurnool 08518-645061/09391351971
Alleppey 09847418475 Ratnagiri 02352-271275
Dhule 02562-235607, 8, 9 Kurukshetra 01744-294729/30/31/32
Alwar 0144-5100880 Rewari 01274-315374/315481
Dahod 02673-645482 Latur 02382-255116
Ambala 0171-2600044 (D), Rishikesh 0135-3209449, 9358369442
0171-2600045 Durgapur 0343-2549962-65 Lonavala 02114 274848 Rohtak 01262-54029/36/64/61
Amloh 01765509525, 26, 27 Erode 0424-2261277/2261287 Lucknow 0522-3019137/0522-3944198 Roorkee 01332-275772
Amritsar 0183-3018604, 9316932159 Faridabad - Delhi (0129) 212816/222 118 Ludhiana 0161-3018751, 3018750 Ropar 01881-228354
Amravati 0721-2568432, 05, 06 Fatehabad 01667-225324 ext. 214 Madras 044 28477020, 26, 27, 33, Rourkela 0661-2500666 (D)/2511666/
Amreli 9825755966/02792-220207 Fazilka 01638-502759, 09316669972 9380287855 2522666/2514666
Anand 02692-573195 Ferozepur (01632)-226173 Madurai 98402-26529 Rudrapur 05944 241757
Ananthpur 08554-645055/9391134536 Gandhidham 02836 233669 Malerkotla 01675-320874, 75 Sagar 07582-503771/09302-379087
Angul 06764-231205 Gangtok 03592-201374/ 201375 Manavadar 02874-223362/63 Saharanpur 0132 2726467/9319322366
Ankleshwar 02646-227701/227702 Gaya 0631-222012 Mancherial 08736-255989/09391351970 Salem 0427-331604
Asansol 0341-2214848 Giridih 09931770886 Mandi 01765-506033 Sambalpur 0663-2522785
Godhra 02672-320984 Govindgarh
Aurangabad (0240) 2362042/47 Samrala 01628 506650
Gondal 02825-645161 Mandi 01905-223730 / 09218899754
Bagalkot 08354-222319 Sangli 0233 2327813/2327823
Gorakhpur 0551-2342612/9335086506 Mandsaur 07422-506213, 506217, 98260
Balasore 06782 263335 16141 Sangrur 01672-501802, 501803, 501804
Balotra 02988-220351, 220361, 220261 Gulbarga 08472-261155 & 261156 Sangareddy 08455-645019
Mangalore 0824-2225405/2225410
Bangalore 080-51266890 Guntur 0863-256706, 688801, 02, 03 Sangamner 952425-224354
Manjeri 0483 3091472, 3091473
Banswara 02962-243355 Gurgaon - Delhi 0124-6354042(d) Satara (02162) 227672, 227673
Mansa 01652-500072/70/71
Bareilly (0581) 3099631/9319090814 Gurdaspur 01874-242451/242652/242335 Satna 07672-416972-71-70,
Mapusa 0832 254421/31/41
Barabanki 05248-320908, 225496, Guwahati 99545 44955 9893996196
Margao 0832-2750 225
9839442070 Gwalior 0751 4015007 Shimla 0177-2658541/2/3/09318595554
Mathura 0565-463805/2463806/7/8/
Barbil 09238100919, 09438028719 Hajipur 06224-260626 9319059212 Shimla - Sanjauli 0177-2658541/2/3/09318595554
Bardoli 02622 223627, (02622) 223879 Haldwani 05946-282801/02/9319080928 Meerut 0121-2665799/9319058981 Shillong 098640-21878, 098630-23480
Barnala 01679-501691 Haldia 0322 4278741/42 Mehsana 02762-243 008 Shimoga 08182-261351
Baroda 0265-6585517, 09327468108 Hamirpur 01972-223909 Moga 01636-283003 Sholapur 0217-2320811, 22, 33, 55
Bassi Pathan 01763 509180, 098726 00620 Hapur 0122-2300473 Moradabad 0591 2310508/09/9336015976 Siliguri 0353 - 2640726/ 09333744964
Batala 01871-501665 Hardoi 05852-221535 Morinda 0160 5000347 Silvassa 0260-62110/62081/82
Begusarai 09334097412, 09931761820 Hazaribagh 09234305004 Morvi 02822 221316, 09827568116 Sindhanaur 08535-220611
Belgaum 0831-2404415/0831-6451940 Himatnagar 02772-571156 Muktsar 01633-500627/9814705411 Sirhind 01763 - 645141/502342/43/
Berhampore 09233500456 Hissar 01662-241023 09815664522
Mumbai - Fort 022-66573657/66573669/
Bhagalpur 09931761824 Hoshiarpur 01882-509956/57/58/59 22693329 Sirsa 09315685117/01666 220495
Bharuch 20109 (02642) Hosur 04344-500554 Muzaffarpur 0621-2241638/2241494 Solan 01792-226446-49
Bhatinda 0164 240991 Hubli 0836 2357594 Muzzafarnanagr 0131-2661333/9319065143 Sriganganagar 0154-5121777
Bhavnagar 0278-6540340, 9376122389, Hubli - Dharwar 0836 2357594 Mysore 0821-4255304 Srinagar 0194 -2483842
9327568121 Hyderabad 040-55666821/ 55630666 / Nabha 01765-224924, 225225 Surat 0261 5563650
Bhilwara 01482 512626, 512646, 32347423/ 32347412 Nadiad 0268 2564054 Surendranagar 02752-650105
512686 (D) Ichalkaranji 0230-2422592/ 593 Tanuku 08819-645288/9391351966
Nagpur 0712-554417/2554405/2546044/
Bhilai 0788-4062729 Indore 0731-5201919/2524513 255174 Thalassery 0490-232 5104
Bhiwani 09896208616, 01664-394434 Irinjalakuda 0480 2829655, 2830955 Nainital 9719435747 Thalassery - 0490-232 5104
Bhiwadi 01493-225646, 510646 Itarsi 07572-407090/Mob: Namakkal 04286-324449 Dharmadam
Bhopal 0755 281616/276007/8 09993701002 Narnaul 01282-253388, 09315811386 Thalassery - 0490-232 5104
Bhubaneshwar 0674-23900986 Jabalpur 0761-5063040-42 Nasik 0253-5647597/5647598/ Manjody
Bhuj 02832-571466 Jagraon 01624-541771-541774 9372491108 Tezpur 0-9954532048/9954532050
Bhusaval 02582-645496 Jaipur 0141-5593966 Navsari 02637 280901/240702/247896 Allinagram Theni 04546-321300
Bikaner 0151-5120013, 094141-37752 Jajpur 09238100917, 09937898914 Nawanshahar 01823-503051/2/3 Tirunelveli 0462 4200675
Bilaspur 07752-428600/ 9300 947670 Jalgaon 0257-2237642/2238948/ Neemuch 07423-229977 Tirupati 0877-2257811-13/15
Boisar 02525-266320/21/22/23 2238958/ 223878 EXTN-104 /110 Nellore 0861-2327181 Tiruppur 0421-5342422
Bokaro 06542-232786/87/88 Jallandhar 0181-5071644/45 Palakkad 0491-529517-20 Tirur 09846004249
Borsad 98255 23736/02696 645165 Jalna 02482-243366 Palanpur 02742-571638, 9327568081 Thiruvalla 0469 2741378
Bulandshahar 05732-280393 Jammu 0191-2471171, 2471181, Pali 02932-517723/33/43/53 Trichy 0431-2742204/9345753903
2471427 337610-14
Burdwan 0342-256 0784 Palwal 01275-245 931, 32 Trivandrum
Jamnagar 0288-662717/18
Calcutta (033) 2213 3611, 98300 15885 Panipat 01742-648617-20 Trichur 093872 15004
Jamshedpur 2756066
Calicut 0495-5572390 Panjim 0832-2421952/44 Udaipur 0294-5103355
Jetpur 02823-324040/9824813568
Pallur-Calicut 0495-5572390 Pathanamthitta 0468-2322378 Udupi 0820-5294932
Jhansi 0517-2449330/2449333
Chandigarh 0172-2711285/5088303 Patan 02766223836/9879220475 Unjha 02767-240623 Ext. 107,
Jharsuguda 9938201711 02767-240624 Direct
Kalka- 0172-2711285/5088303 Pathankot 0186-508 0504
Jind 09315811091 Valsad 02632-652201
Chandigarh Patiala 0175 5002500
0172-2711285/5088303 Jodhpur 0291-5106400 Vapi 0260 464684/5
Mohali- Patna 0612-625173
Chandigarh Jorhat 09954532052/53 Varanasi 0542-226203/9335090841/
Pehowa 01741-320001, 09254353631
Panchkula- 0172-2711285/5088303 Joya 9305584072 9335090834
Perinthalmanna 04933395306, 09847861490 Vasco (0832) 2516905
Chandigarh Junagadh 0285 2670042, 098275 68072
Phagwara 01824-21841-43 0416-4300060/09345735062
Chalakudy 0480 2707754 Kadi 02764-242 026 Vellore
Pimpalgaon 02550-251407, 06, 05 02876 570219, 093275 68092
Changanacherry 0481 2425002/2425004 Kaithal 01746-234239 Veraval
Pipariya 9981416145/9993826804 02876 570219, 093275 68092
Chengannur 0479-3204221 Kakinada 0884-2387666 07576-223347/48 Veraval -
Chittorgarh 01472-512786 Prabhas Patan
Kalyani 033-25809725 Pollachi 04259 234442
Chomu 01423-517500 Vidisha 07592-507801/02
Kangra 01892 263550, 09418062601 Ponda 0832-2319874
Cochin 0484-4456605, 4456604 Vijaywada 0866-6647400
Kannur 0497-2705880 Pondicherry 0413-2200741
Coimbatore 300191/303300 Vishakapatnam 0891-557 1123
Kanpur 0512-3018051/52/53/54/55/ Porbandar 0286-2210397 /2210398
Cuddapah 08562-258877/09346719606 9336015983 Visnagar 02765-645150
Pune 020-25660249 & 020-25663645
Curchorem (0832) 2650098 Kapurthala 01822-233973 Vizianagaram 08922-226622, 09392386409
Quilon 0474 766176/5/3
Cuttack 0671-2332711 Kapadwanj 02691 255156/255155/255157 Warangal 0870-2567922/33/55
Raichur 08532-225526, 9448183927
Dahanu 02528-225603/04 Karad 02164-29629/30 Yamunagar 01732 262604
Raipur 0771-2529110
Daman 0260-2250632/2263497 Karimnagar 0878-5580181/ 09391132495
Rajahmundry 0883 2442948
Darjeeling 0354 2259578 Karnal 0184-2202789
Rajapalayam 04563-230009
Darbhanga 009931770883 Karur 04324-233722
Rajapalayam - 04563-230009
Davangere 08192-232781 Kashipur 09359765875, 09305423949 Venganallur

LIST OF SELECT OFFICES OF NABARD

Palace Compound (East), Uzirbari Road, Agartala-799 001, Mobile No. 9862558805 • NABARD Tower, Opp. Municipal Garden, Usmanpura, Ahmedabad-380 013,
Mobile No. 9426720534 • Ramhlun Road (North), Bawngkawan, Aizawl-796 012, Mobile No. 9436151231 • 113/1, Jeevan Prakash Annexe, J.C. Road, P.B. No. 2,
Bangalore-560 002, Tel. No. 080-22225248, Mobile No. 9448497000 • E-5 Arera Colony, Bittan Market, P.O. Ravi Shankar Nagar, P.B. No. 513, Bhopal-462 016,
Tel. No. 0755-2420608, Mobile No. 9425017245 • Ankur, 2/1, Nayapalli Civic Center, P.B. No. 179, Bhubaneshwar-751 015, Mobile No. 9437067818 • Plot No. 3,
Sector 34-A, P. B. No. 7, Chandigarh-160 002, Tel. N0. 0172-5071461, Mobile No. 9417601659 • 48 Mahatma Gandhi Road, P.B. No. 6074, Nungambakkam,
Chennai-600 034, Tel. No. 044-28278427, Mobile No. 9444008427 • 113/2, Hotel Sunrise Bldg., 2nd Floor, Rajpur Road, Dehradun-248 001 Tel. No. 0135-2740230 & 2740231,
Mobile No. 9411108963 • Nagaland State Co-Op. Bank Bldg., Opp. Fire Station, Dimapur-797 112, Mobile No. 9436060184 • Om Niwas, Church Road,
P.B. No. 46, Gangtok-737 101, Mobile No. 9434750010 • Opp. Assam Sectt., G. S. Road, Dispur, P.B. No. 1, Guwahati-781 001, Mobile No. 9954190259 • 1-1-61 RTCX Road,
Post Box No. 1863, Mushirabad, Hyderabad-500 020, Tel. 040-27685502, Mobile No. 9866012835 • 89/686, Lalambung, RIMS Road, Lamphelpat, Imphal-795004,
Mobile No. 09862027963 • Tali Complex, VIP Road, Bank Tinali, Post box No. 133, Itanagar-791 111, Arunachal Pradesh, Tel/Fax 3602212675, Mobile No. 9436059799
• 3 Nehru Place, Tonk Road, P.B. No. 104, Jaipur-302 015, Mobile No. 9828166137 • IV Floor, B-II South Block, Bahu Plaza, Rail Head Quarters, P.B. No. 2,
Jammu-180 012, Mobile No. 9419105175 • Abhilasha, 2nd Floor, 6, Royd Street, P.B. No. 9083, Kolkata-700 016, Tel No. 033-22656657, Mobile No. 9874182125,
9434113460 • 11, Vipin Khand, Gomti Nagar, Lucknow-226 010, Tel. No. 0522-2304533 • 24, Rajendra Place, New Delhi-110 008, Mobile No. 9810677546
• 302, Nizari Bhavan, Menezes Braganza Road, Panaji-403 001, Tel No. 0832-2432967, 0832-2220490, Mobile No. 9423055740 • Maurya Lok Complex, Block-B, 4&5
Floor, Dak Bunglow Road, P.B. No. 178, Patna-800 001, Mobile No. 94310 24235. • 54, Wellesley Road, P.B. No. 5, Shivaji Nagar, Pune-411005, Tel. No. 020-25500183,
Mobil No. 9850986610 • Kannada Singh Bldg., Ground Floor, 18, Tagore Road, Head Post Office, Port-Blair-744 101, Tel. No. 03192-233308 Mobile No. 9434287355
• Pithalia Complex, Opposite Trunk Exchange, K. K. Road, Fafadih Chowk Raipur-492 009, Mobile No. 9425202509 • Gautam House, Kalibabu Street, Upper
Bazar, Behind Civil Court, Ranchi-834 001, Tel. No. 0651-2208819, Mobile No. 9431129562, 9431771831 • Dipu Cottage, Upper Lachumiere, Shillong-793 001,
Tel. No. 0364-2501518, Mobile No. 9863036052 • Nabard Bhavan, Block No. 32, S. D. A. Complex, Dev Nagar, Kusumpti, Shimla-171 009, Mobile No. 9418007705
• P.B. No. 5613, Punnen Road, Statue, Thiruvananthapuram-695 039, Mobile No. 9447374716 • NABARD HO, Plot No. C-24, “G” Block, Bandra-Kurla Complex,
Bandra (E), Mumbai-400 051. Mobile No. 9821833727, Tel. No. 26539072.