We take immense pleasure in informing that you can now apply for the India Infrastructure Finance Company Limited (IIFCL Tax Free Bonds) Tranche - 2 . The issue is opening on 25th February 2013.
Sr. No.
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Particulars
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Rate/Date
|
1
|
Rate of Interest for 10 Years Tenure
|
7.36% p.a. (payable annually) for Retail (Applying for amount aggregating Upto Rs.10 lacs) and 6.86% p.a. (payable annually) for HNI (Applying for amount aggregating to above Rs.10 lacs)
|
2
|
Rate of Interest for 15 Years Tenure
|
7.52% p.a. (payable annually) for Retail (Applying for amount aggregating Upto Rs.10 lacs) and 7.02% p.a. (payable annually) for HNI (Applying for amount aggregating to above Rs.10 lacs)
|
3
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Rate of Interest for 20 Years Tenure
|
7.58% p.a. (payable annually) for Retail (Applying for amount aggregating Upto Rs.10 lacs) and 7.08% p.a. (payable annually) for HNI (Applying for amount aggregating to above Rs.10 lacs)
|
4
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Credit Rating
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„ CARE AAA by CARE „
„ICRA AAA by ICRA Limited „
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5
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Date of Opening of Issue
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25th February 2013
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6
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Date of Closing of Issue
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15th March 2013
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7
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Trading
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Proposed BSE Ltd.(‘’BSE’’) The Designated Stock Exchange for the Issue is BSE
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8
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Lock in period
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Nil
|
9
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Minimum Application Size
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Rs 5000 (5 Bonds) and in multiple of Rs. 1000
(1 bonds) thereafter
|
10
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Basis of Allotment
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First-come First-serve basis
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Please note that these bonds are not eligible for deduction u/s 80CCF of Income Tax Act.
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