Rec bond

Current Issue

54EC CAPITAL GAINS TAX EXEMPTION BONDS - SERIES-VIII

 

REC extends subscripttion in this Issue till 31.03.2013 or till any notification/modification is done by the GOI in the Income Tax Act,1961 u/s 54 EC of the Income Tax Act,1961, whichever is earlier

All other terms & conditions of the Information Memorandum (IM) remain same, inclusive the Interest Rate i.e 6.00% p.a.

PRIVATE PLACEMENT ON TAP OF NON CONVERTIBLE REDEEMABLE TAXABLE BONDS IN THE NATURE OF DEBENTURES OF RS. 10,000/- EACH FOR CASH AT PAR WITH BENEFITS UNDER SECTION 54EC OF INCOME TAX ACT, 1961 FOR LONG CAPITAL GAINS-SERIES-VIII.

 

• Application Forms are available with the Mobilizers.



• If you wish to download Application Form online, click here.



• To read/download Information Memorandum, click here.



• Application forms are accepted at Bank Branches click here.



• To download Form 60, click here.
  
  

  MINIMUM APPLICATION SIZE: RS. 10,000/- MAXIMUM APPLICATION SIZE: RS. 50,00,000/-