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Right here is the Official Definition of Prize BondPrize Bonds are bearer type of safety accessible within the denominations of Rs.100, Rs.200, Rs.750, Rs.1,500, Rs.7,500, Rs.15,000, Rs.25,000 and Rs.40,000. These bonds are issued in sequence. Every collection consist of 1 lower than 1,000,000 bonds. No fixed return is paid however prize attracts are held on quarterly foundation. The draws are held beneath widespread draw methodology and the numbers of prizes are identical for each collection.

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