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Home » Our Products » Capital Gain Bond » IRFC Capital Gain Bond

IRFC Capital Gain Bond

Type PFC Capital Gain Tax Exemption Bonds — Series IV 2020-21
Lock-In Period
Lock-in-period 5 Years from Deemed Date of Allotment
Interest Rate %
5% P.A, Payable Annually on 30th June Every Year
Credit Rating
`CRISIL AAA Stable' by CRISIL, 'CARE AAA by CARE, 'IND AAA by India Ratings & Research Private Ltd, ICRA AAA' by ICRA Limited
Face Value / Minimum Investment
Rs. 10,000/- per Bond / Minimum Investment Rs.20,000/-
Maximum Investment
Rs. 500 Bonds of Rs. 10,000/- each in a financial year (Subject to section 54EC of Income Tax Act, 1961)
Transferability
Non-transferable, non-negotiable and cannot be Offered as a security for any loan
TDS / Tax Benefit:/Taxation
TDS will not be deducted, Interest Taxable
Maturity / Redemption AMT (Rs. Per bond)
Redeemed at Par at maturity, without the surrender of Bond Certificate(s)
Cheque / Draft to be drawn in the name of
"REC Limited -54 EC Bonds" or 'Rural Electrification Corporation Limited — 54EC Bonds'
Mode of Allotment
Physical and Demat Mode

Documents Needed:

  • 1] PAN Card and Address Proof Photo Copy self-attested by the applicant.
  • 2] One Cancelled Cheque copy. (For ECS/RTGS/NEFT payment of Interest /Maturity Amount).
  • 3] Cheque / DD should be drawn in favor of “REC Limited-54 EC Bonds” or “Rural Electrification Corporation Ltd.-54EC Bonds”
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