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Personal Finance Blog India –

National Housing Bank-NHB,JNPT,DCI Tax Free Bonds


Recently three more companies have come up with the Tax Free Bonds Issues.All the companies are Govt / semi Govt companies & interest received annually will be free from income tax.

Details of these Tax Free Bond Issues are as follows:

National Housing Bank Tax Free Bonds:

  • Issue Open Date:March 11 , 2013
  • Issue Close Date:March 15, 2015

Interest Rates:

Tenure 10 Yrs
Interest rates for Category IV Investors applying upto 10 Lakh 7.32%
Coupon rate for others 6.82%
Issue Price Rs.10,000/-
Min Application One Bond
Coupon payment Rate Annually

 JNPT – Javaharlal Nehru Port Trust – Tax Free Bonds:

  • Issue Open Date:March 11, 2013
  • Issue Close Date:March 15, 2013
Tenure 10 Yrs
Interest rates for Category IV Investors applying upto 10 Lakh 7.32%
Coupon rate for others 6.82%
Issue Price Rs.1,000/-
Min Application Five Bonds
Coupon payment Rate Annually

 Dredging Corporation Of India – DCI Tax Free Bonds:

  • Issue Open Date:March 07, 2013
  • Issue Close Date:March 15, 2013
Tenure 10 Yrs
Interest rates for Category IV Investors applying upto 10 Lakh 7.47%
Coupon rate for others 6.97%
Issue Price Rs.1,000/-
Min Application FIve  Bonds
Coupon payment Rate Annually

So,all above tax free bond issues are available for 10 years & as all above are Govt owned companies we can consider high safety for all above issues.


Category: Fixed Income

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