Housing and Urban Development Corporation Limited Invites Deposits under Public Deposit Scheme Highlights Safe Investment High Returns Easy Liquidity Advance Interest Warrants (For HUDCO Regular Plus) T ax benefit under Section 80C (2)(xvi)(a) of Income-tax Act, 1961. Tax Benefits – Trust deposits are specified investment under section 11(5) (ix) of Income Tax Act, 1961.No tax deduction at source from interest paid/credited up to Rs.5,000/- in a financial year. Interest compounded on quarterly basis Credit Rating 'tAA+(ind)' by FITCH and ‘CARE AA+(FD)’ by CARE Loan facility against Deposit (excluding deposits received u/s 80C) HUDCO Regular Plus- Periodic Income Scheme: You can earn interest every Qtrly/half-yearly/yearly as per the rates given below: