Whats New? – Achiievers Connect Blog

Invest in Highly rated Tax free bonds and get fixed, secured and tax free returns.

NEW OFFERINGS by PSUs
Latest TAX-FREE BONDS
Company Name	Issue opens on	Issue closes on*	10-yrs	15-yrs	20-yrs	Rating	CHEQUE/DEMAND DRAFT (DD) in favour of
IIFCL	17-Feb-14	14-Mar-14	8.41%	8.80%	8.80%	“CARE AAA”	“IIFCL Tax Free Bonds EscrowAccount – Public Issue”
IRFCL	28-Feb-14	14-Mar-14	8.44%	8.88%	–	“CARE AAA”	“IRFC Tax Free Bonds 2013 – Escrow Account – R”
REC	28-Feb-14	14-Mar-14	8.44%	8.88%	8.86%	“CARE AAA”	“REC Tax Free Bonds 2013 – Escrow Account – R”
NHB	07-Mar-14	18-Mar-14	8.50%	8.80%	8.90%	“CARE AAA”	“National Housing Bank Tax-Free Bonds 2013-2014 Escrow Account”
HUDCO	28-Feb-14	19-Mar-14	8.54%	8.98%	8.96%	“CARE AA+”	“HUDCO TAX FREE BONDS 2013-14 – ESCROW ACCOUNT – R”
EPL	18-Feb-14	14-Mar-14	8.61%	9.00%	9.00%	“CARE AA”	“Ennore Port Tax Free Bonds2014 – Escrow Account”
Allotments will be on a First Come First Serve Basis *For Early Closure or extension of the Issue, refer prospectus

INVESTMENT DETAILS
Minimum Application			5 Bonds (Rs.5,000) (individually or collectively, across series)
In the multiple of			One Bond (Rs.1,000)
Coupon/Interest Payment Frequency			Annual
Some key benefits of investing in Tax Free bonds:
Interest Income from this bond is tax free.
These bonds are Secured and are rated.
The bonds will be listed on BSE & NSE.
These can be held in both-in demat or physical forms. i.e customers who do not hold any demat can also apply and get tax free income.
By selling these bonds in secondary market at prevailing market prices, customer may exit from these bonds before maturity.
Download application form from here
Fill up the application form as per required information
Cheque/DD in favour of issuer
KYC documents i.e. PAN & valid address proof along with a cancelled cheque
Send the application form along with all required documents to our HO*
* please insure that the application should reach atleast 2 days before closing date.