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
i want to reedeem L&T infrastructure finance
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.
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!
[email protected] mail to this id they will update
investor was not holding NCDs under demat a/c as on 08.03.2022 meaning what
I HAVE INVEST RS 20000 IN 2012 BUT NOT RECEVIED MATURTY AMOUT.
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
how much income tax will be charged if I give it for buy back after 7 yerars in the case Cumulative option.
I want to utilize buy back option towards the bonds purchased by me on 07.03.2012.
Kindly inform the process
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
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]
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]
I want invest in your”s where I contect in Satna(M.P.) District. Thanks.
i like it
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