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IDFC Infrastructure Bonds-Tranche 2 Issue Open on 11 Jan 2012 Interest rate 8.70%

IDFC  Infrastructure Bond - Tranche 2

Issue Highlights :

Issue Open      :     11 Jan 2012
Issue Close     :      25 Feb 2012
Face Value      :      5000 per Tranche 2 Bond
Tenor              :      10 year
Rating             :      "AAA"   from ICRA  &  "AAA" from Fitch 

 


Tax Benefit     :      Additional Tax benefit (80CCF) of Rs. 20000 Over and above the permissible deduction  of Rs 1 Lakh  under 80 C ( Tax Saving Infra Bonds)

Specific Terms for  Each Series of Bond

ParticularSeries 1Series 2
Frequency of Interest PaymentAnnualCummulative
Buback Facility Yes after 5 yearYes after 5 year
Tenor 10 year 10 year
Interest Rate 8.70% 8.70%
Maturity 5000 bond 11515 per bond
Minimum Application 2 Bond / 10000 2 Bond / 10000

Document Require for Application

1 .      Pan Card Xerox Copy (self attested )
2.       Addresss Proof Xerox Copy  (self attested)
          Passport , Driving License, Ration Card, Voter ID, Electricity Bill (latest )

3.       Canceled Cheque

Cheque Details    :   " IDFC Infra Bonds - Tranche 2 "  account payee only ( No cash allow)
Banker                :  HDFC Bank, ICICI Bank,  IDBI Bank, Axis Bank , Dhanlaxmi Bank,

                             ING Vysya Bank, Kotak Mahindra Bank, Indusind Bank

Application for Bond

Mail me :     rajendra@puneinvest.com   Or  bonanza42a@yahoo.in
Pune Inversor Call Me     :        Rajendra   800 775 0904



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