25 December 2012

India Infrastructure Finance Company Limited (IIFCL) Tax Free Bonds


India Infrastructure Finance Company Limited (IIFCL) Tax Free Bonds IPO opens on 26/12/2012.

  • Allotment on first come first serve basis.
  • Interest rates for retail investors -7.90% for 20 years, 7.86% for 15 years & 7.69% for 10 years.
  • Retail investors can apply up to Rs.10 lacs.
  • 11.43% post tax return for investors in the 30.90% tax bracket.
  • "AAA" rated by CRISIL, ICRA & BWR.
Remember, Tax Free Bonds also can be subscribed in your existing Demat account.

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