{"id":1514,"date":"2012-03-05T19:17:54","date_gmt":"2012-03-05T19:17:54","guid":{"rendered":"http:\/\/www.apnaplan.com\/?p=1514"},"modified":"2014-06-19T15:33:39","modified_gmt":"2014-06-19T10:03:39","slug":"infrastructure-bonds-available-in-march-2012-ifci-and-lt-infrastructure-bond","status":"publish","type":"post","link":"https:\/\/www.apnaplan.com\/infrastructure-bonds-available-in-march-2012-ifci-and-lt-infrastructure-bond\/","title":{"rendered":"Infrastructure Bonds available in March 2012 – IFCI, L&T, PFS & IDFC Infrastructure Bond"},"content":{"rendered":"

 <\/p>\n

If you have still not invested in infrastructure bonds and still looking for investing for saving income tax , you have \u00a0four options:<\/p>\n

    \n
  1. IFCI Infrastructure Bond – Series V<\/li>\n
  2. L&T\u00a0Infrastructure Bond<\/li>\n
  3. PFS\u00a0Infrastructure Bond<\/a><\/li>\n
  4. IDFC\u00a0Infrastructure Bond – Tranche III<\/a><\/li>\n<\/ol>\n

    Just in case you missed it, an investment in infrastructure bonds under Section 80CCF is an additional window to save tax upto Rs 20,000, over and above the Rs One lakh limit already available.<\/p>\n

    The table below summarizes the options available.<\/p>\n\n\n\n\n\n\n\n\n\n
    Infrastructure Bonds<\/strong><\/td>\nMinimum Amount<\/strong><\/td>\nInterest Rate<\/strong><\/td>\nMaturity Date<\/strong><\/td>\nMaturity Amount*<\/strong><\/td>\n\u00a0 \u00a0Close Date \u00a0 \u00a0 \u00a0<\/strong><\/td>\n<\/tr>\n
    IFCI Infrastructure Bond – Series V<\/strong><\/td>\n5,000<\/td>\n8.72%<\/td>\n15 Years<\/td>\n70,093<\/td>\n27-March-12<\/td>\n<\/tr>\n
    8.50%<\/td>\n12 Years<\/td>\n53,234<\/td>\n<\/tr>\n
    L&T\u00a0Infrastructure Bond<\/strong><\/td>\n5,000<\/td>\n8.70%<\/td>\n10 Years<\/td>\n46,060<\/td>\n12-March-12<\/td>\n<\/tr>\n
    PFS Infrastructure Bond<\/a><\/strong><\/strong><\/td>\n5,000<\/td>\n8.93%<\/td>\n15 Years<\/td>\n74,368<\/td>\n23-March-12<\/td>\n<\/tr>\n
    9.15%<\/td>\n10 Years<\/td>\n46,684<\/td>\n<\/tr>\n
    IDFC\u00a0Infrastructure Bond<\/strong><\/a><\/strong><\/td>\n10,000<\/td>\n8.43%<\/td>\n10 Years<\/td>\n44,928<\/td>\n30-March-12<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    *<\/strong>\u00a0Maturity Amount is assuming investment of Rs 20,000 in cumulative scheme till Maturity period of the scheme.<\/em><\/p>\n

    <\/h2>\n

    IFCI Infrastructure Bond – Series V Details:<\/strong><\/span><\/h2>\n\n\n\n\n\n\n\n
    Options for Subscription<\/strong><\/td>\nI<\/strong><\/td>\nII<\/strong><\/td>\nIII<\/strong><\/td>\nIV<\/strong><\/td>\n<\/tr>\n
    Frequency of Interest Payment<\/td>\nCumulative<\/td>\nAnnual<\/td>\nCumulative<\/td>\nAnnual<\/td>\n<\/tr>\n
    Coupon (% p.a.)<\/td>\n8.50%<\/td>\n8.50%<\/td>\n8.72%<\/td>\n8.72%<\/td>\n<\/tr>\n
    Tenor<\/td>\n12 years<\/td>\n12 years<\/td>\n15 years<\/td>\n15 years<\/td>\n<\/tr>\n
    Maturity Date<\/td>\n31-Mar-24<\/td>\n31-Mar-24<\/td>\n31-Mar-27<\/td>\n31-Mar-27<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

     <\/p>\n

    Credit Rating:<\/span><\/span><\/p>\n