After REC-India now Power Finance Corporation Of India Limited will issue Tax free bonds having details as below –
PFC – Tax Free Bonds Details –
- Issue Open Date – December 14, 2012.
- Issue Close Date – December 21, 2012.
- Issue Price – 1000/-
- Min Application Amount – 5000/-.
PFC Interest Rates –
| Series | Tranche –I Series-I | TrancheI ,Series -II |
| Tenure | 10 Yrs | 15 Yrs |
| Interest Payment Frequency | Annual | Annual |
| Interest Rates For Investors applying Upto Rs 10 Lakh % pa | 7.69 | 7.86 |
| Interest Rates For Others % p.a. | 7.19 | 7.36 |
| Call / Put Option | None | None |
Allotment Mode – Bonds will issued in Demat Or Physical mode as opted by investor.
Documents –
Demat mode – Self attested Copy of pan card.
Physical Mode – Self attested copies of Pan card,Address proof & Cancelled copy of cheque.
Interest received from Tax Free Bonds will be free from income tax.
Next Attraction – NHAI Tax Free Bonds.
