Infrastructure Bond Maturity update 2022

The tax-saving, long-term infrastructure bonds issued in 2011-12, 12-13, 13-14 to allow deductions of up to Rs 20,000 on taxable income as per section 80CCF under the Income Tax Act will mature.

The bonds offered tax benefits under the 80CCF when they were purchased, but investors are liable for the interest.

The bonds offered tax benefits under the 80CCF when they were purchased, but investors are liable for the interest.

The tax-saving, long-term infrastructure bonds are not tax-free bonds.

Investors have two options: the cumulative interest option or the annual interest payout option.

Investors who opt for annual interest payments have already paid tax on the interest received. However, investors who choose the cumulative option will pay more taxes than the tax they saved during the year of investment.

2012 Budget Infrastructure bonds (Rs 20,000) 80 CCF clause remove. No Infrastructure bond issue after that as of today.

80CCF Infrastructure Bond Registrar List

All 80CCF Infrastructure Bond Registrar List

All IFCI Infrastructure Bond - Maturity Update

IFCI Infrastructure Bond Series I

IFCI Tax Saving Long Term Infrastructure Bonds Series-I

IFCI Infrastructure Bond Series-II

IFCI Tax Saving Long Term Infrastructure Bonds Series-II

IFCI Infrastructure Bond Series-III

IFCI Tax Saving Long Term Infrastructure Bonds Series-III

Buyback IFCI infrastructure Bond Series III

IFCI Infrastructure Bond Series-IV

IFCI Tax Saving Long Term Infrastructure Bonds Series-IV

Buyback IFCI infrastructure Bond Series IV

IFCI Infrastructure Bond Series V

IFCI Tax Saving Long Term Infrastructure Bonds Series-V

Buyback IFCI infrastructure Bond Series V

IDFC Infra Bond

Register query with your folio details

Registrar Link

All L&T Infrastructure Bond update

All IDFC Infrastructure Bond Update

IDFC Infrastructure Bonds Maturity detail list

All REC Infrastructure Bond Update

REC Infrastructure Bonds Maturity detail list

All PFC Infrastructure Bond Update

Infrastructure Bond FAQs

Trading in Secondary Market - Bonds are free from Lock-in & can be traded in Demat mode through Stock Exchange.

Buyback Offer - As per terms of the Prospectus, there would be a Buyback offer from the Company. During the buyback period (refer above bond table) following documents to be forwarded to Registrar to opt Buyback option:

1. Form of Acceptance
2. Original Bond Certificate (Not required for Demat holders)
3. Cancelled cheque leaf
4. Form 15G or 15H

Maturity - In case, you do not wish to opt for any of the above options, you may hold these bonds till the maturity date and redemption amount will be automatically sent to you on maturity date.

Please return the interest warrant along with request letter providing the correct bank account details and blank cancelled cheque to the Registrar. After due verification, rectifications will be carried out and DD / NEFT will be issued.

Please send the original bond certificate along with a request letter to the Registrar, preferably with supporting documents. After due verification, rectification will be carried out.

You have to intimate the above matter to the Registrar, providing folio no. After proper verification Registrar will forward you the formalities to be completed.

The tenure of Bonds is 10 years and the same have a lock-in of 5 years from the Date of Allotment.

As per current provisions of Income Tax Act, 1961, TDS will not be deducted, if bonds are held in demat mode. In case bonds are held in physical form TDS will be deducted on interest on bonds where interest paid or payable to a resident individual bondholder exceeds 5000/- in a financial year.

The redemption amount shall primarily be paid through NACH (National Automated Clearing House) or any other electronic mode of payment to all the Bondholders (Physical and Demat) subject to availability of complete bank account details including the bank account number (confirming CTFS), IFSC Code, Magnetic Ink Character Recognition (“MICR”) code as appearing on a cheque leaf.

The allotment advice, refund orders and bond certificates of all Infra bond issue have been dispatched to investors. In case you have not received, kindly write to the respective registrar to the issue as mentioned above.

Registrar -

Infrastructure Bonds Series-I & II (Issued during FY 2010-11) - Beetal - ifci@beetalfinancial.com

Infrastructure Bonds Series-III, IV & V (Issued during FY 2011-12) - Karvy - ifcibond@karvy.com

For bondholders holding the bonds in physical form, following documents have to be furnished along with request letter to the Registrar :

1. Original Bond Certificate
2. Request letter duly signed by nominee
3. Photo identity proof viz passport /driving license/pan card/Election commission card duly attested
4. Attested copy of Address Proof
5. Attested true copy of death certificate

For bondholders holding the bonds in demat form, the above mentioned documents are to be sent to the respective Depository Participant, where the demat account of deceased holder is held and then the same will be forwarded to the Registrar of the issue for needful action.

Also read: tax-saving investment options