|
| |
- Tax Saving Bond
- Regular Income
Bond
Tax
Saving Bond
The investor can
choose any/all of the following options in respect of Tax Saving
Bond :
|
Option
|
I
|
II
|
III
|
IV
|
| Tax Benefit
under Section |
88
|
88
|
88
|
88
|
| Issue
Price (Rs.) |
5,000
|
5,000
|
5,000
|
5,000
|
| Redemption
Period |
3
years |
3
years 6 months |
5
years |
5
years 6 months |
| Face
Value (Rs.) |
5,000
|
6,050
|
5,000
|
6,750
|
| Interest
(%) (p.a.)* |
5.60
|
Deep
Discount Bond
|
5.60
|
Deep
Discount Bond
|
| Frequency
of interest payment |
Annual |
N.A. |
Annual |
N.A. |
YTM
(%)*# $
(with tax benefits) |
11.8 |
10.6 |
9.5 |
8.8 |
| Minimum
Application |
1
Bond |
1
Bond |
1
Bond |
1
Bond |
| Maximum
Application |
20
Bonds
|
20
Bonds |
20
Bonds
|
20
Bonds
|
|
| |
|
| * |
Subject
to TDS as per the then prevailing tax laws. |
| # |
Rounded
off to nearest multiple of 0.1. |
| + |
The
yield has been calculated assuming that a tax rebate of
15% is available to the eligible investors and that no surcharge
is payable in case of all the options. |
| |
|
Top
Regular Income
Bond
Face Value : Rs. 5,000/-
Redemption : At Face Value,
i.e., Rs. 5,000/
| Option |
I |
| Issue
Price (Rs.) |
5000/-
|
| Redemption
Period |
7
years |
| Face
Value (Rs.) |
5000/- |
| Interest
(%) (p.a.)* |
5.75
|
| Frequency
of interest payment |
Annual
|
| YTM(%)
p.a. *# |
5.8 |
| Minimum
Application |
4
Bonds |
|
| * |
Subject to TDS as per the then prevailing
tax laws. |
# |
Rounded off to the nearest multiple of
0.1. |
Top
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