LIC Infrastructure Bonds

by | Oct 7, 2010 | LIC | 13 comments

LIC Infrastructure Bonds are an ideal investment for tax payers and investors. You will be saving additional tax on and above the current limit of Rs.1 lakh under 80C. This limit of Rs 20,000 per annum is in addition to Sections 80C, 80CCC and 80CCD.

Additional Rs.20,000 Tax Exemption under Section 80CCF.

LIC Infrastructure Bonds Features:

  • Term: 10 years
  • Minimum lock in period: 5 years
  • Loan on Bond: After 5 years
  • Interest Rate: 7.85%-7.95% after tax.
  • Exit options: Buy back or through Demat account
  • Open for Individual or HUF.
  • Additional Rs.20,000 Tax Exemption under Section 80CCF

Tax Saving
Investments up to Rs 20,000 In Infrastructure bond will save tax of Rs 6180 if you fall in the highest tax bracket of 30% This way your net Investment will be only of Rs 13,820/-

LIC infrastructure bonds 2010 not only offers safety of your money but also offers fixed returns.

Term:
This LIC infrastructure bonds will have term of 10 years, however, you would be able to sell your bond in stock market or you may aslo ask LIC to buy back the bonds after 5 years.

The income on Infrastructure Bond will be taxable however, you will still get 7.85-7.95% return after paying tax.

How to Apply for LIC Infra Bond?
Enter your Email below and we will email when the Bonds are are launched.

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13 Comments

  1. K.GANESAN
    K.GANESAN on February 18, 2011 at 10:44 pm

    I WANT LIC INFRASTRUCTURE BOND

  2. Harshavardhan
    Harshavardhan on February 17, 2011 at 1:28 pm

    I want to buy LIC Infra Bonds.

  3. Amit Garg
    Amit Garg on January 12, 2011 at 9:46 am

    please tell infrastructure bond will be launched by Lic of India or Lic Mutual fund

  4. Dr. Bhagyalakshmi Neelwarne
    Dr. Bhagyalakshmi Neelwarne on January 4, 2011 at 3:28 pm

    I need to apply immediately for these bonds. Please let me know when the bond will be launced, indicating the closing date.

  5. Vikram
    Vikram on December 7, 2010 at 3:22 pm

    please notrify me

  6. Kumar Vivek
    Kumar Vivek on December 5, 2010 at 12:21 am

    LIC Infrastructure Bonds launch dates

  7. Kumar Vivek
    Kumar Vivek on December 5, 2010 at 12:20 am

    when is the LIC Infrastructure bonds (80CCF) being launched ?

  8. KULDEEP SINGH SIDHU
    KULDEEP SINGH SIDHU on December 2, 2010 at 12:48 pm

    inform me when tax saving infrastructure bonds under 80CCF being launched

  9. Priya
    Priya on December 1, 2010 at 8:47 pm

    I want to apply for this policy. Pls let me know when this bond is launched.

    thanks

    Priya

  10. BABU RAMU
    BABU RAMU on November 9, 2010 at 8:46 pm

    please send me details abouts bonds

    • J P BHATTAR
      J P BHATTAR on December 14, 2010 at 12:48 pm

      please call for infrastructure bond u/s 80CCF MOB-9324622026

  11. KULDEEP SIDHU
    KULDEEP SIDHU on October 26, 2010 at 2:58 pm

    pl inform when tax infrastructure bonds are being launched

  12. Mohit Chakraborty
    Mohit Chakraborty on October 22, 2010 at 12:23 pm

    How do I apply online for LIC tax saving Infrastructure bonds?

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