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Can a Government securities holder choose to nominate and donate the proceeds of investment to institutions, trusts, etc.?

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Can a Government securities holder choose to nominate and donate the proceeds of investment to institutions, trusts, etc.?

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Yes. One can donate the proceeds of his/her investments in Government securities to institution/trust by naming such institution/trust as their nominee subject to the condition that such institution/trust shall be eligible to invest in the particular loan as per the specific Government Loan notification.

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