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Power Finance Corporation Limited [PFC]- Tax Free Bond Issue Dec 2012 -Details & Interest Rates


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.


Category: Fixed Income

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Information provided on this blog is for general purpose only & not investment advice.Please take advice of SEBI Registered Investment Advisors before taking any investment decision.
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