and 
Long Term Infrastructure Bonds are the two issues currently open for subscription.
The Long Term Infra bonds are eligible for deduction under section 80 CCF of the Income Tax Act 1961.
The benefit under section 80 CCF is limited to Rs.20,000/
| COMPANY | REC | IFCI |
| FACE VALUE (Rs.) | 5000 | 5000 |
| INT RATE (%) | 8.95 & 9.15 | 9.09 & 9.16 |
| INT.PAYMENT | ANNUAL & CUMULATIVE | ANNUAL & CUMULATIVE |
| ISSUE DATE | 19.12.11 to 10.02.12 | 30.11.11 to 16.01.12 |
| MODE OF HOLDING | DEMAT & PHYSICAL | DEMAT & PHYSICAL |
Interest rates are for 10yrs and 15yrs respectively
HAPPY INVESTING
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