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The Indian economy is on a robust growth trajectory and the best way to be a part of India’s growth story is to invest in its lifeline – its infrastructure. L&T Infrastructure Finance Company Ltd. has played an important role in financing projects, funded through long term investment instruments for Infrastructure development and construction across the country. L&T Infra  to bring to you, for the second year running, the Long term Infrastructure Bonds. These tax-saving bonds let you invest indirectly on a long term basis, in infrastructure projects across the country and aid in the growth of India. By investing in L&T Infra 2012A Bond Series, investors can save tax u/s. 80CCF and earn an annual interest rate of 8.70%. The 2012A series provides investors buyback options at the end of 5 years and 7 years. In addition to this, 2012A Bond Series provides investors the option of holding the bonds in Physical or Demat form.

Salient Features – Long Term Infrastructure Bonds 2012A Series (Tranche-2):

Issuer L&T Infrastructure Finance Company Limited
Issue of Tranche 2 Bonds Public issue of long term infrastructure bonds of face value of Rs.1,000 each, in the nature of secured, redeemable, non-convertible debentures, for an amount aggregating up to Rs.300 Crores with an option to retain an oversubscription up to the Shelf Limit (including the amount received against the allotment of the Tranche 1 Bonds), to be issued at par on the terms contained in the Shelf Prospectus and the Prospectus – Tranche 2.
Issue opening date Tuesday, January 10, 2012
Issue closing date Saturday, February 11, 2012* (Issue Details)
Basis of Allotment On First Come First Serve Basis.
Rating “(ICRA)AA+” from ICRA and “CARE AA+” from CARE
Tax Benefits The investment up to Rs 20,000 made will be eligible for tax benefits in the year of investment under Section 80 CCF of the Income Tax Act, 1961
Who can apply? Indian nationals resident in India *(Issue Details) and Hindu Undivided Families (HUFs)
Minimum application 5 Bonds of Tranche 2 and in multiples of 1 Bond thereafter (from the same series or different series)
Lock-in period 5 years from the deemed date of allotment
Trading Dematerialized form only following expiry of Lock-in Period
Redemption /Maturity Date 10 years from the Deemed Date of Allotment
Buyback date The first Working Day after the expiry of 5 years or 7years (from the Deemed Date of Allotment) as per the bond series applied for

Specific terms for each series of Tranche 2 Bonds

Series 1 2
Frequency of Interest payment Annual Cumulative
Face value per Tranche 2 Bond Rs. 1,000 Rs. 1,000
Interest Rate 8.70% p.a. 8.70% p.a. compounded annually
Buy-back amount Rs. 1,000/- at the end of 5 years/
Rs. 1,000/- at the end of 7 years
Rs.1,517.57/- at the end of 5 years/
Rs. 1,793.11/- at the end of 7 years
Maturity Date 10 years from the Deemed Date of Allotment 10 years from the Deemed Date of Allotment
Maturity Amount Rs. 1,000/- Rs. 2,303.01/-
Yield on maturity 8.70% 8.70% compounded annually
Yield on Buyback 8.70% 8.70% compounded annually

Source- Inputs from www.ltinfrabond.com

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15 Comments

  1. Prabhakar Kharwa says:

    Sir, I had purchased L&T infra bonds2012A series on 24/03/2012. I understand 14-03-2022 was the maturity but I have not received the maturity amount in my account. Please guide what to do and whom to contact.

  2. Om Prakash Prasad says:

    Sir,
    I had purchased ltinfrabond 2012A series on 24/03/2012. Maturity date is 24/03/2022. Now I been shifted to another address, so I want to update my new address and bank account details to get maturity amount in the bank account directly.
    Company Email don’t deliver my mail.
    What I should do?
    Thanks and regards!

  3. Dr Anil Kumar verma says:

    Don’t give commission to agent at the time of purchasing of bond ,give at the time maturity.they come only for five minute and after cheating they never come again वह 5 मिनट में डाकुओं की तरह लूट के हमारे पैसे को ले जाते हैं और उसके बाद उन्हें कोई मतलब नहीं हमारे पैसे से कि उनका क्या हुआ जो हमने मेहनत से कमाए थे पैसे

  4. Jayant Sahani says:

    Dear sir,I have purchase of tax saving bond in 2010 but I can not recive the bond.so please help me how can I recive the maturity amount

  5. Fine Shine India says:

    Now the time is came to invest in TAX FREE BONDS and TAX REBATE BONDS it is so easy like a cheque depositing in the bank, for more detail and support you can contact me at Mob.9716300093, 9716300094, 931109958 email: [email protected], [email protected]

                           8.22% & 8.35% for 10 & 15 yrs with Annual and Cumulative Option                                

    Now You can SAVE tax 6,180/- u/s 80ccf (on above Rs. 1 Lac) and EARN 9% interest.  (both) by Investment of Rs.20,000/- only in Infra Structure Bond.
    8.93% & 9.15% for 10 & 15 yrs with Annual and Cumulative Option

    Additional tax benefits to Individual & HUF – U/S 80CCF upto Rs. 20,000/-

    This is over and above Rs. 1 lakh U/S 80C, 80CCC, 80CCD of IT Act.

    For Doorstep services contact undersigned.  
    — 
    Regards…
    A. K. Singh
    9311099558
    9716300094
    9716300093
    [email protected]
    [email protected]

  6. Fine Shine India says:

    Now You can SAVE INCOME TAX Rs.6180 U/s 80ccf (Above 1 lacs) and also EARN 9% Interest on investment of Rs 20000. 
    8.93% & 9.15% for 10 & 15 yrs with Annual and Cumulative Option

    Additional tax benefits to Individual & HUF – U/S 80CCF upto Rs. 20,000/-

    This is over and above Rs. 1 lakh U/S 80C, 80CCC, 80CCD of IT Act.

    For Door Step services Cont. undersigned.

    9716300093
    9716300094
    9311099558
    [email protected]
    [email protected]

  7. Amit Surpuriya says:

    For Application of Infrastructure Bonds – Contact – Amit Surpuriya – 9850873688 – Pune

    KSHITIJ FINANCIAL SERVICES
    Mutual Funds | Infrastructure Bonds | 54EC Capital Gain Bonds | Debentures | Company Fixed Deposits | Medi Claim Policy

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