Capital Gain Bonds
PFC/IRFC/REC
- Face Value: Rs 10,000 per Bond
- Investment: Minimum Rs 20,000 Maximum Rs 50 lacs per Pan.
- Coupon Rate: 5.25% p.a
- Tenure: 5 Years
- Issuance Mode: Demat/Physical Mode
- TDS: No TDS on Interest Earned by Resident Indian
- Credit Ratings: PPC, IRFC, REC
As per the Company's internal Procedure/Process, the allotment of bonds will be done on the following lines:
- Payment received from the investor's, between 1st to 15th every month, the allotment will be done on 30th 31st of every month and bonds will be credited/dispatch within a week's time, from the date of allotment.
- Payment received from the investor's, between 16th to 30th/31st of every month, the allotment will be done 15th of subsequent month and the bonds will be credited/dispatch within a week's time, from the date of allotment.
As per the Company's internal Procedure, the allotment of bonds will be done on the following lines:
- On receipt of payment into REC account, the schedule of bonds allotment will be done as follows.
- In case the bonds are applied
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in demat Mode, the bonds shall be credited in investor's demat account within 10-15 days from the date of allotment
Payment Received Between Allotment Schedule 01st to 15th of the Month Last date of the Month 16th to Last date of the Month 15th of Next Month - in Physical Mode, the Bond Certificate shall be dispatched to the registered address of the investor's within 30-45 days.
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