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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.

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.