We take immense pleasure in informing that you can now apply for the Indian Railway Finance Corporation Limited (IRFC Tax Free Bonds) Tranche - 1 . The issue is opening on 21st January 2013.
Sr. No.
|
Particulars
|
Rate/Date
|
1
|
Rate of Interest for 10 Years Tenure
|
7.68% p.a. (payable annually) for Retail (Applying for amount aggregating Upto Rs.10 lacs) and 7.18% p.a. (payable annually) for HNI (Applying for amount aggregating to above Rs.10 lacs)
|
2
|
Rate of Interest for 15 Years Tenure
|
7.84% p.a. (payable annually) for Retail (Applying for amount aggregating Upto Rs.10 lacs) and 7.34% p.a. (payable annually) for HNI (Applying for amount aggregating to above Rs.10 lacs)
|
3
|
Credit Rating
|
CARE AAA by CARE Limited , ICRA AAA by ICRA Limited and
CRISIL AAA by CRISIL limited
|
4
|
Date of Opening of Issue
|
21st January 2013
|
5
|
Date of Closing of Issue
|
29th January 2013
|
6
|
Trading
|
Proposed NSE Ltd.(‘’NSE’’) and BSE Ltd. (“BSE”)
|
7
|
Lock in period
|
Nil
|
8
|
Minimum Application Size
|
Rs 5000 (5 Bonds) and in multiple of Rs. 1000
(1 bonds) thereafter
|
9
|
Basis of Allotment
|
First-come First-serve basis
|
Please note that these bonds are not eligible for deduction u/s 80CCF of Income Tax Act.
Call NiftyNext # +91 80171 98633 Or SMS NiftyNext @ 880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM
Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com
