Our Offerings Infrastructure Bonds
L&T Infra has successfully closed its second Long Term Infrastructure Bond Issue in March 2011. This tax saving bond issue was oversubscribed. The revenue generated from investors is invested indirectly on a long-term basis in infrastructure projects across the country.
As per section 80CCF of the Income Tax Act, investors get a tax relief of up to Rs. 20,000 over and above Rs. 1,00,000 under 80C by investing in these bonds. The 2010A & 2011A Bond Series provided investors an annual interest rate of 7.5% - 7.75% & 8.2% - 8.3% respectively and the flexibility of investing for 5 yrs or 10 yrs with a buy back option of 7yrs on a cumulative or annual basis of returns. In addition to this, the 2010A & 2011A Bond Series provided investors with the option of retaining the Bond in Physical or Demat form.
L&T Infra plans to launch its Tax Saving Infrastructure Bond issue year on year to allow investors to reap the benefits and contribute towards the country’s infrastructural development.
Helpline No- 1800 102 2131
Email: email@example.com investor2010A@ltinfra.com investor2011A@ltinfra.com