Tax Free Bonds

For Latest Issues and Updates on Tax Free Bonds visit: Tax Free Bonds


safeinvestonline@gmail.com | www.safeinvestonline.com

Mar 21, 2013

REC Capital Gain Tax Exemption – 54EC Bonds Issue - April 2013

REC Capital Gain Tax Exemption – 54EC Bonds Issue Highlights

CREDIT RATING : CRISIL AAA Stable’ by CRISIL/"CARE AAA" by CARE / ‘AAA (ind)’ by Fitch Ratings
ISSUE SIZE : 1000 Crore plus green shoe option to retain the oversubscription
FACE VALUE : Rs. 10,000/- per bond
ISSUE PRICE : Rs. 10,000/- per bond
COUPON RATE  : 6% annually
ISSUE DATE: Opening : 1st April 2013, Closing : 31st March, 2014 (at the close of the banking hours) or at a date as may be decided by REC at its absolute discretion
MINIMUM APPLICATION SIZE : One Bond of Rs. 10,000/- each.
MAXIMUM APPLICATION SIZE : 500 Bonds of Rs. 10,000/- each (Subject to section 54EC of Income Tax Act, 1961)
MODE OF SUBSCRIPTION : 100% on application
CHEQUE / DRAFT TO BE DRAWN IN THE NAME OF : ‘RURAL ELECTRIFICATION CORPORATION LIMITED-54EC Bonds"
DEEMED DATE OF ALLOTMENT : Last day of each month in which the subscription money is received and credited to REC account
INTEREST PAYMENT & DATE : Annual, 30th June of each year
TENOR : 3 years from the deemed date of allotment
REDEMPTION / MATURITY : At par, at the end of 3 years from the deemed date of allotment
TRANSFERABILITY : Non-transferable, Non-negotiable and cannot be offered as a security for any loan or advance
TRUSTEE : IDBI Trusteeship Services Ltd., Mumbai

To apply for Deposit issue, Kindly indicate your interest on by Calling us at 0-9818269396, or email at info@safeinvestindia.com. We shall send you the Soft / Hard copy of application forms.

Contact Us

Email: info@safeinvestindia.com | Phone: 0-981-826-9396 | Fill Inquiry Form Click Here

Invest Online

For Quick Navigation

54EC Bonds AA Rated AA+ BONDS AA+ FD AAA RATED Allotment Status Asset Allocation Assured Return Project Bhiwadi Real Estate Bonds BSLI Capital Gain Bonds Capital Protection Funds Commercial Property Company FD News corporate fd Corporates Debenture Debt Funds Delhi Real Estate DHFL Dwarka Expressway Economy Updates Faridabad Real Estate FD Schemes Financial Planning FIXED DEPOSIT RATES Fixed Maturity Plans FMP Fund Manager Speaks Ghaziabad Real Estate GOLD Government Saving Schemes Greater Noida Real Estate Guest Article Gurgaon Real Estate HDFC Health Insurance Health Policy home loans IIB Inflation Indexed Bonds Infrastructure Bonds Investor Guide IPO Updates Jaiprakash Fixed Deposit Latest FD Schemes Life Insurance Plans Liquid Fund Ludhiana Real Estate Mahindra Finance FD Manufacturing Companies FD Market Updates Mediclaim Policy MF ELSS MF Schemes Mutual Funds NABARD Bonds NBFC Fixed Deposits NCD NCD Issue NCD Listing New Launch NFO's Noida Extn Noida Real Estate Non Rated FD NRI Fixed Deposits NRI Investments online mutualfunds PAN Card Procedure PE Fund Plots PMS PNB Housing Post Office Schemes Private Equity Fund Private Placement PSU Bonds Public Issue Rated FD Schemes RBI Bonds Real Estate Fixed Deposits Real Estate Fund Reality Retirement Planning RGESS Secured Bonds Secured NCD Shriram Transport Deposits SIP SIP Recommendation Small Saving Sohna Real Estate STFC Deposits Tax Free Bonds Tax Saving Schemes Tax Saving Tips Union Budget 2013 Unitech Fixed Deposits Updates in FD Rates Yamuna Expressway

Post your Queries with Name, Contact Number & Scheme interested in.

Click Here - Contact Us We will give you a call back.

For Fixed Deposits

Disclaimer

The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.

Followers