Monday, December 26, 2011

REC Long Term Infrastructure Bonds Series 2012

 

REC Long Term Infrastructure Bonds-Series (2011-12)
 

Issuer REC Limited ("the issuer")

Offering 2,00,000 Nos. Redeemable, Non-Convertible REC Long Term Infrastructure Unsecured

Bonds – Series of Rs. 5,000/- each aggregating to Rs. 100 crore with a green-shoe option

to retain over-subscription

Type Private Placement basis

Instrument Redeemable, Non-Convertible REC Long Term Infrastructure Unsecured Bonds having

benefits under section 80 CCF of the Income Tax Act, 1961 for investment up to Rs.

20,000/-

Eligible Investors Resident Indian Individuals (Major) and HUF through Karta of the HUF

Face Value Rs. 5,000/- per bond

Minimum Application Rs. 5,000/- (i.e. 1 Bond)

Maximum Application No limit

Application in multiples of Rs. 5,000/- (i.e. 1 Bond)
 

 

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Application form for Applying for Tax Saving Long Term Infrastructure Bond  

 

Current open Long Term Infra Bond Application form

 

 

Submit filled up application    Collection canter near you

 

 

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