Redemption of Capital Bond of NHAI/REC

Since i want to invest in NHAI/REC bonds can i have the applications form.How do i download the forms. Can u please send via my email v_raajesh2002 @ yahoo.co.in.

Thanks,

With Rgds,

V.Rajesh

The Bonds are normally dealt with by Stock Holding Corporation of India. Some years ICICI bank was also dealing with them.

Assuming you are investing for saving cap gains, the bonds have a lock in of 3/4/5 years depending on issuer. The interest on the bonds is taxable year on year, but no TDS is deducted on the interest. At the time of maturity after lock in , there is no tax incidence.

https://www.onemint.com/2011/01/15/rec-infrastructure-bonds-section-80ccf-infra-bonds/

agree with above answer...