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54EC CAPITAL GAINS TAX EXEMPTION BONDS - SERIES-VIII
REC extends subscription in this Issue till 31.03.2012 or till any notification/modification is done by the GOI in the Income Tax Act,1961 u/s 54 EC of the Income Tax Act,1961, whichever is earlier
All other terms & conditions of the Information Memorandum (IM) remain same, inclusive the Interest Rate i.e 6.00% p.a.
PRIVATE PLACEMENT ON TAP OF NON CONVERTIBLE REDEEMABLE TAXABLE BONDS IN THE NATURE OF DEBENTURES OF RS. 10,000/- EACH FOR CASH AT PAR WITH BENEFITS UNDER SECTION 54EC OF INCOME TAX ACT, 1961 FOR LONG CAPITAL GAINS-SERIES-VIII.
Application Forms are available with the Mobilizers.
If you wish to download Application Form online, click here.
To read/download Information Memorandum, click here.
Application forms are accepted at Bank Branches click here.
To download Form 60, click here.
MINIMUM APPLICATION SIZE: RS. 10,000/-
MAXIMUM APPLICATION SIZE: RS. 50,00,000/-
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RURAL ELECTRIFICATION CORPORATON LIMITED