We take immense pleasure in informing that you can now apply for the Power Finance Corporation Limited (PFC Tax Free Bonds) Trache - 1 . The issue is opening on 14th December 2012.
Sr. No.
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Particulars
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Rate/Date
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1
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Rate of Interest for 10 Years Tenure(
|
7.69% p.a. (payable annually) for Retail (Applying for amount aggregating Upto Rs.10 lacs) and 7.19% p.a. (payable annually) for HNI (Applying for amount aggregating to above Rs.10 lacs)
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2
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Rate of Interest for 15 Years Tenure
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7.86% p.a. (payable annually) for Retail Applying for amount aggregating Upto Rs.10 lacs) and 7.36% p.a. (payable annually) for HNI Applying for amount aggregating to above Rs.10 lacs)
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3
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Credit Rating
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„CRISIL AAA (Stable) by CRISIL Limited „
„ICRA AAA by ICRA Limited „
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4
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Date of Opening of Issue
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14th December 2012
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5
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Date of Closing of Issue
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21st December 2012
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6
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Trading
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Proposed BSE Ltd.(‘’BSE’’)
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7
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Lock in period
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Nil
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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
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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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