|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||6,025||5,000||6,700|
|Interest(%) (p.a.)*||5.50||Deep Discount Bond||5.50||Deep Discount Bond|
|Frequency of interest payment||Annual||N.A.||Annual||N.A.|
|YTM (%)*# $
(with tax benefits)
|Minimum Application||1 Bond||1 Bond||1 Bond||1 Bond|
|Maximum Application||20 Bonds||20 Bonds||20 Bonds||20 Bonds|
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The investor can choose any/all of the following options in respect of Tax Saving Bond :
* 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.
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