- Tax
Saving Bond
- Encash Bond
- Regular Income Bond
- Money Multiplier
Bond
- Children Growth Bond
Tax
Saving Bond
The investor can
choose any/all of the following options in respect of Tax Saving
Bond :
|
Option
|
I
|
II
|
III
|
| Tax Benefit
under Section |
88
|
88
|
88
|
| Issue
Price (Rs.) |
5,000
|
5,000
|
5,000
|
| Face
Value (Rs.) |
5,000
|
6,660
|
9000/-
|
| Tenure |
3
years
|
3
years 4 months
|
6
years 6 months
|
| Interest
(%) (p.a.)* |
9.00
|
DDB@(YTM
9.0%)
|
DDB@(YTM
9.5%)
|
| Interest
Payable |
Annually
|
DDB@
|
DDB@
|
| Yield
to Investor (%)*+ # |
18.05
|
16.7
|
13.4
|
| Interest
Payment Dates |
March
01 |
|
|
| Redemption
date |
February
19,2005
|
June
19,2005
|
August
19, 2008
|
|
| @ |
Tax
Saving Bond Options II and III are in the nature of Deep
Discount Bond (DDB), hence no periodic interest is payable. |
| * |
Subject
to TDS as per the then prevailing tax laws. |
| + |
The
yield has been calculated considering the tax rebate of
20% available to the investor and assuming that a surcharge
of 2% of tax is payable in case of all the options. |
| # |
Rounded
off to nearest multiple of 0.1. |
Top
Encash
Bond
This Bond is designed
to give instant liquidity anytime after one year,across the
counter,to investors in case of need.
| Issue
Price (Rs.) |
Rs.
5000 |
|
Face
Value
|
Rs.
5000
|
|
Tenure
|
5 years
|
| Interest
(%) (p.a)* |
1st Year |
2nd
Year |
3rd
Year |
4th
Year |
| 8.75 |
9.00 |
9.25 |
9.60 |
|
Interest
Payable
|
Annually
|
|
Interest
Payment
Dates
|
March
01
|
| Annualised
yield at the end of respective year (%)*# |
8.8
|
8.9
|
9.0
|
9.1
|
| Redemption
date |
February
19,2007 |
|
Encash Bond will be allotted only
in physical mode and not in demat mode.
| * |
Subject
to TDS as per the then prevailing tax laws. |
| # |
Rounded
off to nearest multiple of 0.1. |
Regular Income Bond
Face Value : Rs. 5,000/-
Redemption : At Face Value,
i.e., Rs. 5,000/
The investors can choose any/all
of the following options in respect of payment of interest:
| Option |
I |
II |
III |
IV |
| Issue
Price (Rs.) |
5000/-
|
5000/-
|
5000/-
|
5000/-
|
| Face
Value (Rs.) |
5000/- |
5000/- |
5000/- |
5000/- |
| Tenure |
7 years
|
7 years
|
7 years
|
5 years
|
| Interest
(%) (p.a.)* |
9.50
|
9.75
|
10.00
|
9.50
|
| Interest
Payable |
Monthly
|
Half-Yearly
|
Annually
|
Annually
|
| Interest
Payment Dates |
Month
End |
March
01 & September 01
|
March
01 |
March
01 |
| Yield
to Investor (%)*# |
9.9
|
10.00
|
10.00
|
9.5
|
| Redemption
date |
February
19, 2009
|
February
19, 2009
|
February
19, 2009
|
February
19, 2009
|
|
| * |
Subject to TDS as per the then prevailing
tax laws. |
# |
Rounded off to the nearest multiple of
0.1. |
Top
Money Multiplier Bond (in
the nature of Deep Discount Bond)
The investors can choose any/all of the following
options:
| Option |
I |
II |
| Issue
Price (Rs.) |
5,000/-
|
5,000/-
|
| Face
Value (Rs.) |
7480/- |
10000/- |
| Tenure |
4 years
6months
|
7 Years
3months
|
| Interest
(%) (p.a) |
DDB@
|
DDB@
|
| Interest
payable |
DDB@
|
DDB@
|
| Yield
to Investor (%)*# |
9.4
|
10.0
|
| Interest
payment Dates |
DDB@
|
DDB@
|
| Redemption
date |
August 19,
2006 |
May 19,2009 |
|
| * |
Subject to TDS as per the then
prevailing tax laws. |
| # |
Rounded off to the nearest multiple
of 0.1. |
| @ |
Money Multiplier Bonds are in
the nature of Deep Discount Bond (DDB), hence no periodic
interest is payable |
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Children
Growth Bond (in the nature of Deep Discount Bond)
This Bond has been designed
to provide for the lumpsum expenditure requirements once the child has
grown up for events such as the child's wedding, higher education etc.
The investors can choose
either/both of the following options:
|
Option
|
I
|
II
|
|
Issue
Price (Rs.)
|
5,000/-
|
5,000/-
|
|
Face
Value (Rs.)
|
25,000/-
|
40,000/-
|
|
Tenure
|
16 years
5 months
|
21
years
|
| Interest
(%) (p.a) |
DDB@
|
DDB@
|
| Interest
payable |
DDB@
|
DDB@
|
| Yield
to Investor (%) |
10.3 |
10.4 |
| Interest
payment Dates |
DDB@
|
DDB@
|
| Redemption
date |
July 19, 2018 |
February 19,2023 |
|
| * |
Subject to TDS as per the then
prevailing tax laws. |
| # |
Rounded off to the nearest multiple
of 0.1. |
| @ |
Children Growth Bonds are in
the nature of Deep Discount Bond (DDB), hence no periodic
interest is payable |
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|