Fw: L&T Infrastructure Finance Company Ltd - Long Term Infrastructure Bonds 2012A Series (Tranche-2)

 

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Avail Triple Benefits
Save Tax (U/S 80 CCF- Maximum deduction is Rs.20,000) Earn Fixed Income from it (Guaranteed 8.70%) No paper work. Apply Online through TT Manager. Following table will illustrate the Tax benefit to various individuals
Taxable Income Return % Tax Saving % Tax Saving on Rs 20,000 Less than 1.80 lakhs* 8.70% 0% 0 1.80 to 5 lakhs 10.30% 2060 5 to 8 lakhs 20.60% 4120 More than 8 lakhs 30.90% 6180 *For women and Senior Citizen exemption limits are Rs. 1,90,000 and Rs. 2,50,000 respectively.
The specific terms of the instrument are set out below:
Series I II Frequency of Interest Payment Annual,i.e. yearly payment of Interest Cumulative, i.e. cumulative interest payment at the end of maturity or buyback, as applicable Face Value per Tranche 2 Bonds Rs 1,000 Rs 1,000 Buyback Facility Yes Yes Buyback Date The first Working Day after the expiry of 5 years from the Deemed Date of Allotment and the first Working Day after the expiry of 7 years from the Deemed Date of Allotment. Buyback Amount Rs.1,000 at the end of 5 years / Rs. 1,000 at the end of 7 years Rs. 1,517.57 at the end of 5 years / Rs. 1,793.11 at the end of 7 year Buyback Intimation Period The period commencing from 6 months preceding the relevant buyback Date and ending 3 months prior to such Buyback Date. Maturity Date 10 years from the Deemed Date of Allotment 10 years from the Deemed Date of Allotment Interest Rate 8.70% p.a. 8.70% p.a., compounded annually Maturity Amount Rs.1,000 Rs. 2,303.01 Yield on Maturity* 8.70% p.a. 8.70% p.a., compounded annually Yield on Buyback* 8.70% p.a. 8.70% p.a., compounded annually Know More
Who Can Apply?
Only Resident Indian Individuals, HUF through the Karta
Other Details
Cheque has to be made in the favour of "L & T Infra Bonds 2012A". PAN card is mandatory for subscribing to these bonds. Demat Account Number for subscribing to these bonds.
Please do not reply to this mail as this is an automated mail service Disclaimer: This report is for information purposes only and does not constitute an offer, solicitation or advertisement with respect to the purchase or sale of any security/bonds of L &T Infrastructure Finance Company Ltd ("L &T Infra" / "The Company") and no part of it shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. This report has been prepared from the publicly available information. Any person who subsequently subscribes for any bonds issued by L & T Infra must rely solely on the publicly available information including the Prospectus issued in connection with the Issue on the basis of which alone subscription for the debentures may be made. In addition, investors should pay particular attention to the section of the Prospectus entitled "Risk Factors".
INDIA INFOLINE LTD (Regd. Office) - IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, MIDC, Thane Industrial Area, Wagle Estate, Thane - 400 604. Tel: (91-22) 2580 6650 • Fax: (91-22) 2580 6654 SEBI REGN NO.: BSE (Cash) INB 011097533, BSE (F&O) INF 011097533, NSE (Cash) INB 231097537, NSE (F&O) INF 231097537, NSE (CDS) INE 231097537, DEPOSITORY: IN DP NSDL 185 2000, IN DP CDSL 352 2006 | AMFI REGN NO.: ARN-47791