Namaste Team Jagoinvestor ,
Kindly accept my sincere gratitude for your benevolence with the continuous effort in helping the Ordinary to understand about the present financial products and services and answering to all those who throw the criticize part of its side.
However, as a subscriber of Jagoinvestor, I would like you to throw the light on the Inflation Indexed National Saving Securities-Cumulative(IINSS-C) under Ministry of Finance Government of India. details at http://rbi.org.in/scripts/BS_pressreleasedisplay.aspx?prid=30087 . The advertisement was published in 20th Dec 2013 of TOI, Bangalore Edition newspaper. I was more curious about the info stating that the Plan minimum investment starting from Rs.5K to 5Lakhs. I would like to know how we can seize the above plan with an example with Rs.2Lakhs investment. My father is a senior citizen and how can he benefited.
Looking forward for your reply.
Regards,
Vijay Tejas