IFCI INFRASTRUCTURE BONDS

Interest Rates

Options I II III IV
Buyback / Non Cumulative Option Buyback / Cumulative Option Non Buyback / Non Cumulative Option Non Buyback / Cumulative Option
Face value (Rs.) 5,000/- 5,000/- 5,000/- 5,000/-
Minimum Application One Bond One Bond One Bond One Bond
In Multiples of One Bond One Bond One Bond One Bond
Buy Back Option Yes Yes No No
Interest Payment Yearly Not Applicable Yearly Not Applicable
Coupon 8% per annum 8% p.a. annual compounding 8.25% per annum 8.25% p.a. annual compounding
Coupon Payment Date January 31 every year Not Applicable January 31 every year Not Applicable
Buyback Date January 31 every year starting from year 2016 to year 2020 Not Applicable
Maturity Date January 31, 2021 January 31, 2021 January 31, 2021 January 31, 2021
Buy Back Intimation Period Every Year Between November 01 to November 30, starting from the Year 2015 till Year 2019
Not Applicable
Maturity Amount (Rs.) 5,000 10,795 5,000 11,047
Redemption Amount (in case the buyback option is exercised): (Rs.)
Year 5 5,000 7,347 – –
Year 6 5,000 7,934 – –
Year 7 5,000 8,569 – –
Year 8 5,000 9,255 – –
Year 9 5,000 9,995 – –

Cheque/Demand Draft
• Chq/DD should be drawn on “IFCI Limited – Infra Bond” and crossed “Account Payee only”

Some of the important details.

1) Application will be accepted by Resident Individual / HUF & not from Minor through Guardian.
3) Bonds are not tax free. Interest is taxable in the hands of investor. But no TDS is deducted from interest.
4) Demat is compulsory. Joint holders can apply as per same order of Demat A/c . Application without Demat a/c details will be rejected.
5) Maximum benefit to an investor shall be Rs. 20,000/- under section 80CCF of the Income Tax Act, 1942

Thanks and best regards
Dilshad
08041512337 080 41136147