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Can I exit from NHB Tax Free Bond before 10 yrs ?

Hello,

I have query regarding NHB Tax Free Bond. As per the details of the bond, one need to stay invested in this bond for 10 yrs. My question is, can I exit from this bond in between. say after 5 yrs? If yes, then is their any penalty for early exit? What are the conditions / tax rule applicable to me at the time of exit?

Thanks in advance…

Regards,

Amit.

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