Sensex

Wednesday, October 06, 2010

Fw: Invest Rs.20,000/- & enjoy IT benefit upto Rs.6,000/-

 
 
    Invest in IDFC Long Term Infrastructure Bonds and avail IT benefit u/s. 80-CCF
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  • IT benefit is over and above section 80-C, 80-CCC & 80-D 
  • Interest rate 7.50% with buy back option & 8% without buy back option.
  • For investors in 30% tax bracket, tax adjusted yield will be more than 17% (annual interest with buyback after 5 years )
  • NO TDS for the interest.
  • Minimum investment Rs.10,000/- and in multiples of Rs.5,000/-
  • Any amount can be invested but IT benefit will be restricted to Rs.20,000/-
  • Tenure 10 years. Buy back after 5 years.
  • LAAA rating by ICRA.
Important: The bonds will be compulsorily issued in Demat route. If you do not have a Demat account, please contact our branches immediately. We will help you in opening your Demat account also.
 
For more information, Please Click here.
 
Issue closes on 18/10/2010.
 
For further informations and application forms, kindly contact your nearest branch of Integrated.
For list of branches visit http://www.iepindia.com/contact.aspx   

                                    

 



 

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