We take immense pleasure in informing that you can now apply for the Housing and Urban Development Corporation Limited (HUDCO Tax Free Bonds) Trache - 1 . The issue is opening on 09th January 2013.
Rate/Date
|
1
|
Rate of Interest for 10 Years Tenure
|
7.84% p.a. (payable annually) for Retail (Applying for amount aggregating Upto Rs.10 lacs) and 7.34% p.a. (payable annually) for HNI (Applying for amount aggregating to above Rs.10 lacs)
|
2
|
Rate of Interest for 15 Years Tenure
|
8.01% p.a. (payable annually) for Retail (Applying for amount aggregating Upto Rs.10 lacs) and 7.51% p.a. (payable annually) for HNI (Applying for amount aggregating to above Rs.10 lacs)
|
3
|
Credit Rating
|
“CARE AA+ by CARE Limited”
“ IND AA+ by IRRPL”
|
4
|
Date of Opening of Issue
|
09th January 2013
|
5
|
Date of Closing of Issue
|
22nd January 2013
|
6
|
Trading
|
Proposed NSE Ltd.(‘’NSE’’)
|
7
|
Lock in period
|
Nil
|
8
|
Minimum Application Size
|
Rs 5000 (5 Bonds) and in multiple of Rs. 1000
(1 bonds) thereafter
|
9
|
Basis of Allotment
|
First-come First-serve basis
|
Please note that these bonds are not eligible for deduction u/s 80CCF of Income Tax Act.
Call NiftyNext # +91 80171 98633 Or SMS NiftyNext @ 880 2230 836 For Paid Calls or Email at MAIL@NIFTYNEXT.COM
Know More About Your Packages For Best Performance in Stocks Markets @ http://bankniftynext.blogspot.com
