REC Ltd Capital Gain Bond – 2013-14 -Product Details

 

From 1st April, 2013REC again coming with a new Series i.e. REC Capital Gain Tax Exemption Bonds  Series IX for Financial Year 2013-14. The broad Terms of the Issue would be same. 

Product Note

Issue Highlight[ws_table id=”158″]

Term Sheet[ws_table id=”157″]

Company Profile

Rural Electrification Corporation Ltd  REC  :

Rural Electrification Corporation (REC), was incorporated on July 25, 1969 under the Companies Act 1956. REC is a wholly owned Government of India, Public Sector Enterprise with a net worth of over Rs. 11104.25 Crore as on 31-03-2010. Its main objective is to finance and promote rural electrification projects all over the country besides providing assistance for generation projects, transmission and distribution projects. It provides financial assistance to State Electricity Boards, State Government Departments and Rural Electric Cooperatives for rural electrification projects as are sponsored by them.

Documentation

Supporting Document Required for :

For Resident Indian National

1. Pan Card Copy  (self-attested)

2. Address Proof (any one of following)

  • Ration Card , Passport , Driving Lic., Latest copy of Electric Bill, Latest copy of Telephone Bill (landline), Voter ID, State Govt. or local bodies showing residential address

 Form Filling Instruction 

  1. Application Form must be completed  in BLOCK LETTER IN ENGLISH. Blank space must be left between two or more part of name.
  2. Minimum investment 1 Bond & maximum 500 Bond amounting to Rs. 10,000  & Rs. 50 lakh in a financial year respectively.
  3. Investor keeps   photo copy of Application Form
  4. mention mobile no and email ID for further communication
  5. Account payee cheque in favour of  “Rural Electrification Corporation Ltd – 54 EC Bonds”

 Very IMP :- In this form, please use cheque no as application no. for proper identification by the Registrar. 

For any help / clarification / information, please write to us on rajendra@puneinvest.com 
Or Call  Rajendra -800 775 09 04

 

Allotment

New Registrar for the 54EC Bonds Series IX, whose details are as under:

Link Intime India Pvt Ltd
44, 2nd Floor,
Naraina Community Centre Phase I,
Near PVR Cinema, Naraina,
New Delhi 110028,
Telephone Number: 011-41410592/93/94
Fax: 011-41410591
For any help / clarification / Forms / information, please write to us on : rajendra@puneinvest.com
Or Call  Rajendra -7385 609 094

 

Download

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    Tentative Brokerage : A minimum Brokerage of0.05% to 0.07% per application offer upfront for this capital gain bond.
     
     
    For any help / clarification / information, Investment please write to us on rajendra@puneinvest.com
  •  
    Or Call  Rajendra 0-800 775 09 04  /   738 560  9094

     

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  • 1 Comment

    1. Kamini Sharma says:

      I want to invest in REC bonds for saving LTCG,Kindly guide me your Contact bankers/Dealer located at
      MATHURA UP.Thanks.