Bond Features:
- Term: 10 years
- Minimum lock in period: 5 years
- Loan on Bond: After 5 years
- Interest Rate: 7.85%-7.95% after tax.
- Exit options: Buy back or through Demat account
- Open for Individual or HUF.
Friday, November 12, 2010
Forth Coming LIC Infrastructure Bonds
As per market news, LIC is coming up with Infrastructure Bonds which will be similar to IDFC and L&T Infra, introduces with Tax benefit (Additional Rs.20,000 Tax Exemption under Section 80CCF)
Bond Features:
Bond Features:
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