ICICIdirect offers government tax-free savings bonds online
By Our Markets Bureau | 10 May 2003
Mumbai: Online share trading service company ICICIdirect has launched the Government of India 6.5-per cent tax-free Savings Bonds 2003 online on its website.
The service, available at www.icicidirect.com, claims it has 2,40,000 customers. They can now apply for these government bonds without the need for filling up any application form, a company news release said. "The transaction is automated while the proceeds are debited from the account of the customer."
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