L& T Infrastructure Bond – Tranche 2
Issue Highlights :
Issue Open : 10 Jan 2012
Issue Close : 11 Feb 2012
Face Value : 1000 per Tranche 2 Bond
Tenor : 10 year
Rating : “AA+” from ICRA
“AA+” fro CARE
Tax Benefit :
Additional Tax benefit (80CCF) of Rs. 20000 Over and above the permissible deduction of Rs 1 Lakh under 80 C
Specific Terms for Each Series of Bond
| Particular | Series 1 | Series 2 |
| Frequency of Interest Payment | Annual | Cummulative |
| Buback Facility |
5 yrs 1000 7 yrs 1000 |
5 yrs 1517.57 7 yrs 1793.11 |
| Tenor | 10 year | 10 year |
| Interest Rate |
8.70% | 8.70% (Compounded annually |
| Maturity | 1000 per bond |
2303.01 per bond |
| Minimum Application |
5 Bond / 5000 | 5 Bond / 5000 |
Document Require for Application
1. Pan Card Xerox Copy (self attested )
2. Addresss Proof Xerox Copy
Passport , Driving License, Ration Card, Voter ID, Electricity Bill (latest )
3. Cancelled cheque
Cheque Details : ” L&T Infra Bonds 2012A “ account payee only ( No cash allow)
Banker : HDFC Bank, ICICI Bank, IDBI Bank, Axis Bank , Dhanlaxmi Bank, Yes Bank , City Union Bank
Application for Bond
Mail me : rajendra@puneinvest.com Or bonanza42a@yahoo.in
Pune Inversor Call Me : Rajendra 800 775 0904
