IDFC Infra structure bond tax saving investment for 2011-12 under sections 80C, 80CCC and 80CCD


Are you looking for Infrastructure bond for investment as well as tax saving purpose. IDFC infrastructure bond is one of the best long term bond giving maximum yield as well as some other benefits. See details

Investment in infra structure bond is an additional tax saving investment apart from the ceiling of 1 lakh as announced by Government of India on July 9, 2010. Now an individual can make 1.20 tax saving investments, out of which 20000 Rs should be exclusively from long term Infra structure bonds.

Detail information about IDFC infrastructure bond 2011-2012


IDFC had issued yet another long term infrastructure bond, third time. First one was in November 2010, second one on January 2011 and in this financial year that is 2011-12 here is another issue.

Face Value of IDFC infrastructure bond is Rs 5000 per Bond and minimum number of Bonds per application should be two Bonds and in multiples of one bond thereafter. For covering 20000 Rs of tax saving 4 bonds should be taken.

Interest payment is Annual.
Interest Rate of IDFC infrastructure bond is 8.25% per annum.
Maturity amount per IDFC infrastructure bond of face value Rs. 5,000 is Rs. 11,050 and maturity period is 10 years from the deemed Date of Allotment.

Benefits of IDFC tax saving long term Infrastructure bond


There is buyback facility and buy back amount is Rs 7435 per bond of face value Rs 5000. The buyback Intimation Period of IDFC bond is the period beginning not before nine months prior to the Buyback date and ending not later than six months prior to the Buyback date.

IDFC infrastructure bond will be listed in NSE and BSE both and one can trade this bond after lock in period of 5 years.

IDFC is a reputed firm and has given high yield in the past.

How to buy tax saving IDFC long term infrastructure bond online


To buy IDFC bond logon to http://www.idfc.com/infrastructure_bonds.htm, download form, fill online.

Documents required to buy infrastructure bond is addrees proof which can be a ration card, driving license, passport, bank statement, electricity bill, voters I card etc.


Date of closing od IDFC infrastructure bond - Last date to buy IDFC bond is 16th March 2012.

Contact details for query and information about IDFC infrastructure bond


Contact Person : Mahendra N Shah, Company Secretary
Toll Free No. : 1800-3000-4332
Email : infrabond3@idfc.com

Happy Investing.


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