Tax Saving Bonds under Section 80 CCF : IDFC Infrastructure Bonds Tranche 2

by khalid on 14/01/2012 · 3 comments

IDFC Infra Bonds

IDFC has again floated its infrastructure bonds, earlier they came with Tranche 1 in December 2011. These Tranche 2 Infrastructure Bonds of Infrastructure Development Finance Company (IDFC) will start its issue from 11th January 2012 and closes on 25th February 2012. The issue is secured and rated ICRA AAA and Fitch AAA from ICRA and Fitch respectively. These are same as the Tranche 1 issue. IDFC plans to raise Rs 5000 crore through this Tranche 2 issue.

Tranche 2 Bonds Summay :-

Issue Opens : 11th January 2012.

Issue Closes : 25th February 2012.

Face Value : Rs 5000 per bond

Minimum Subscription : 2 Bonds means Rs 10,000

Options : Series 1 and Series 2

Interest Rate : 8.70%

Interest Payment : Annual or Cumulative

Mode of holding : Demat or Physical

Credit Rating : “AAA” From ICRA and FITCH

Lock in period is 5 years from date of allotment

Registrar of Issue : Karvy Computershare Private Limited, Hyderabad

IDFC is one of the best financial company of India. The company came into existent in the year 1977 for promoting infrastructure development in India. IDFC provides finance to mainly Energy, Telecome, IT and Transportation sectors.

Please visit 80 CCF Calender 2011-12 for the list of Infrastructure Bonds for the current financial year.

Stay tuned to Bell the Bull Blog for more news on infrastructure bonds !

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{ 3 comments… read them below or add one }

Amit Surpuriya January 19, 2012

FOR INVESTING & APPLICATIONS OF INFRASTRUCTURE BONDS – CONTACT – AMIT SURPURIYA – 9850873688 – PUNE

KSHITIJ FINANCIAL SERVICES
Mutual Fund | Infrastructure Bond | 54EC Capital Gain Bonds | Debentures | Tax Planning | Company Fixed Deposit

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Investologic January 19, 2012

You can download the form online here as well – http://bit.ly/yarWFT

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Fine Shine India February 8, 2012

Now the time is came to invest in TAX FREE BONDS and TAX REBATE BONDS it is so easy like a cheque depositing in the bank, for more detail and support you can contact me at Mob.9716300093, 9716300094, 931109958 email: fineshineindia@gmail.com, aksingh3867@gmail.com

8.22% & 8.35% for 10 & 15 yrs with Annual and Cumulative Option

Now You can SAVE tax 6,180/- u/s 80ccf (on above Rs. 1 Lac) and EARN 9% interest. (both) by Investment of Rs.20,000/- only in Infra Structure Bond.
8.93% & 9.15% for 10 & 15 yrs with Annual and Cumulative Option

Additional tax benefits to Individual & HUF – U/S 80CCF upto Rs. 20,000/-

This is over and above Rs. 1 lakh U/S 80C, 80CCC, 80CCD of IT Act.

For Doorstep services contact undersigned.

Regards…
A. K. Singh
9311099558
9716300094
9716300093
fine_shine_india@yahoo.in
aksingh3867@gmail.com

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