L&T Infrastructure Bonds 2012
L&T Infrastructure Bonds 2012A Tranche-2 are long term infrastructure bonds for availing income tax relief under section 80CCF of the Income Tax act, 1961
L&T Infrastructure Bonds 2012 Tranche II
The details of the bonds are as appended below:
Opening Date: 10 Jan 2012
Closing Date: 11 Feb 2012
Rating:CARE AA+ and ICRA AA+
Coupon: 8.70% P.A.
Tenure:10 Years
Face Value of Bond: Rs 1000
Minimum Application size: Rs.5000 and in multiple of Rs.1000 thereafter
Option: Annual as well as Cummulative
Issuance:Demat as well as physical
Listing: NSE and BSE
Cheque Favouring: L&T Infra Bonds 2012A
These infrastructure bonds are last ditch effort by govt to prompt service class and middle class to get the additional income tax rebate on Rs 20000 after you have exhausted all avenues of rebate.
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L&T Infrastructure Bonds 2012 allotment status
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