PFC Bonds Application Form – Power Finance Corporation Bond TAX FREE.!

Power Finance Corporation - PFC Tax Free BondsIssue Type: Public Issue of Tax Free Secured Redeemable Non-Convertible Bonds issued by Power Finance Corporation Ltd (TAX FREE PFC Bonds).

Opening Date of Issue: December 14, 2012
Closing Date of Issue: December 21, 2012
Issuances: In dematerialized form and physical form*

>>> DOWNLOAD Application form of Power Finance Corporation Bond – PFC Bonds: || CLICK HERE ||

Issue Structure:

Issuer: Power Finance Corporation Limited (PFC)

Issue Size: Rs. 1000 cr. with an option to retain oversubscription of upto Rs. 4590 Cr

Instrument: Secured Tax-Free Redeemable Non-Convertible Non-Cumulative Bonds

Tax Benefits: The income by way of interest will be entitled to exemption from income tax under section 10 (15) (iv) (h) of Income Tax Act, 1961

Instrument Form: Both in Physical & dematerialized form

Security: Pari-passu first charge over the infrastructure assets of the Company

Credit Rating: “Crisil AAA” by CRISIL, “ICRA AAA” by ICRA

Face Value/ Issue Price: Rs. 1,000/- Per Bond

Minimum Subscription: 5 Bond (Rs. 5,000/-) and in multiples of 1 Bond (Rs. 1,000/-) thereafter

Option:                                                 Option –I                 Option –II
Tenure:                                               10 Years                     15 Years
Put & Call Option:                                 None                        None
Maturity/ Redemption:    At par on the expiry of 10th/15th Year from the Deemed Date of Allotment

Coupon Rate:                                               7.19%p.a.        7.36%p.a.

Additional Coupon Rate                     0.50% p.a        0.50%p.a
for Retail Category *

Coupon For Retail:                                  7.69% p.a.        7.86% p.a.

Listing:           Bombay Stock Exchange (BSE)

– Retail Category:-Individual investor investing Rs.5000/- to Rs.10, 00,000/-(both inclusive).

Source: Prospectus Tranche

>>> PFC Bond Application form – >> DOWNLOAD HERE <<

 Disclaimer: “Invest only after referring to final prospectus”.

– Also note that electronic/online versions of the application form you are seeking to access are being made available on this website by us on a good faith basis. By accessing this application form you confirm that your downloading/viewing or using the same will not constitute in the jurisdiction applicable to you a directed solicitation and/or a selling efforts. If you are not permitted to view materials on this website or are in any doubt as to whether you are permitted to view these materials, please exit this webpage.

– Making documents available online in an electronic format does not constitute an offer to sell or the solicitation of an offer to buy securities in Power Finance Corporation Limited (“Issuer”). Further, it does not constitute a recommendation by NriInvestIndia.com (ni2 Financial Consultancy Pvt Ltd) or any other party to sell or buy securities in Power Finance Corporation Limited.

– Use of our website confirms your acceptance to the terms and conditions related to the Issue as provided in the Draft Shelf Prospectus of Power Finance Corporation Limited bonds and Prospectus Tranche (referred as the “Prospectus”). You also confirm that you are eligible to make an application for the Issue and the decision to invest in the Issue is based on your own discretion and your examination of the Issuer and the Issue and based on disclosures made in the Prospectus.

Download NHAI Bond application form Online

NHAI Tax Free Govt BondsNational Highways Authority of India (NHAI) is going to launch TAX Free Bonds on December 28, 2011 with highest RETURNS. This is a long awaited Govt tax free bond with good ratings due to which it is highly likely that the issue will get over-subscribed before the closing date (i.e. January 11, 2012). So if you wish to get the allotment then you would have start & send us your application ASAP.

** THIS ISSUE IS OVER SUBSCRIBED in Category 1 and Category 2.
NOW ONLY Category 3 remains Open for investments LESS than 5 lacs

>> CLICK HERE TO Download e-application form for NHAI Bonds

Few things for NRIs:

  1. This issue is only open for NRIs – Holding Indian passports. If you are an OCI or PIO then you cannot invest in this.
  2. Highly secure & guaranteed by Indian Govt, with Credit Rating of AAA from CRISIL & CARE & FITCH
  3. Interest way higher than any normal Fixed Deposit in India OR nre/nro deposits.
  4. Issue opens 28th Dec 2011 – AND – closes 11th Jan 2012.
  5. Allotment basis – FIRST COME FIRST GET BASIS.
  6. Min investment: 50 Bonds, and then multiples of 1 thereafter.
  7. NRIs can invest/buy in both DEMAT form OR Physical Form. If you wish to buy in Physical form then an Indian address proof need to be submitted & the Govt sends the bond certificates there.
  8. NRIs can invest on both Repatriable or Non-repatriable basis (through NRE or NRO account).
  9. You can hold these bonds till maturity (10 or 15 years) & get interest annually OR sell them in the NSE or BSE market if you wish.

Terms and Conditions:

NATIONAL HIGHWAYS AUTHORITY OF INDIA
Issue Opening Date 28/12/2011
Issue Closing Date 11/01/2012
Issue shall remain open for subscription for a minimum of 3 days or such extended period upto a maximum period of 30 days from the date of opening of the Issue. In case of early closure, NHAI shall ensure that public notice of such early closure is published on or before the day of such early date of closure through advertisement/s in a leading national daily newspaper
HIGHLIGHTS OF THE BOND ISSUE
Issuer National Highways Authority of India
Nature of Instrument Tax-Free Secured Redeemable Non-Convertible Bonds in the nature of Debentures
Issue Size Rs. 5,000 crore with an option to retain oversubscription of upto Rs. 5,000 crore
Tax Benefits
1. The income by way of interest on these Bonds shall not form part of total income as per provisions under section 10 (15) (iv) (h) of I.T. Act, 1961;2. There shall be no deduction of tax at source from the interest, which accrues to the bondholders in these bonds irrespective of the amount of the interest or the status of the investors;3. As per provisions under section 2 (29A) of the I.T. Act, read with section 2 (42A) of the I.T. Act, a listed Bond is treated as a long term capital asset if the same is held for more than 12 months immediately preceding the date of its transfer. Under section 112 of the I.T. Act, capital gains arising on the transfer of listed Bonds shall be taxed @ 10% without indexation;

4. Wealth Tax is not levied on investment in Bond under section 2(ea) of the Wealth-tax Act, 1957.

Instrument Form At the option of investors, in dematerialized as well as in physical form
Security Pari passu charge on the immovable property situated at Ahmadabad and exclusive first charge on fixed assets of NHAI, being highway project comprising of all superstructure including highway lightings, road barriers and dividers, bridges, culverts and all other super structures constructed on national highways entrusted to NHAI
Credit Rating “CRISIL AAA/Stable” by CRISIL, “CARE AAA” by CARE and“Fitch AAA(ind)” by FITCH
Face Value Rs. 1,000/- per Bond
Issue Price At par i.e. Rs. 1,000/- per Bond
Minimum Application 50 Bonds (Rs. 50,000/-) and in multiples of 1 Bonds (Rs. 1,000/-) thereafter
Tranche Series-I Series-II
Tenor 10 Years 15 Years
Put & Call Option None None
Maturity/ Redemption At par on the expiry of 10th Year from the Deemed Date of Allotment At par on the expiry of 15th Year from the Deemed Date of Allotment
Coupon Rate 8.20% p.a. 8.30% p.a.
Interest Payment Annual Annual
Interest Payment Dates Every year on October 01, and on respective maturity
Listing Proposed on BSE Ltd. (“BSE”) and National Stock Exchange of India Ltd. (“NSE”). The Designated Stock Exchange for the Issue is BSE
Trustee SBICAP Trustee Company Ltd.
Interest on Application Money At the respective coupon rate on Bonds (subject to deduction of tax at source, as applicable) will be paid to the eligible applicants to whom the Bonds are allotted pursuant to the Issue on the amount allotted from the date of realization of the cheque(s)/demand draft(s) or 3 (three) days from the date of receipt of the application (being the date of submission of each application as duly acknowledged by the Bankers to the Issue) whichever is later upto one date prior to the Deemed Date of Allotment.@ 4.00% p.a. (subject to deduction of tax at source, as applicable) on application money which is liable to be refunded to the applicants from the date of realization of the cheque(s)/demand draft(s) or 3 (three) days from the date of receipt of the application (being the date of presentation of each application as acknowledged by the Bankers to the Issue) whichever is later upto one day prior to the Deemed Date of Allotment. Such interest shall be paid along with the monies liable to be refunded.


>> CLICK HERE TO Download e-application form for NHAI Bonds

Got questions, email us: info@nriinvestindia.com

NHAI Bond – Tax FREE Government Bonds in India with Highest RETURNS.!!

NHAI TAX FREE GOVT BONDDear NRIs,

Greetings from www.NriInvestIndia.com
Hope all is good with you & your family.!
We wanted to update you on this much awaited Govt of India tax free bond issue that is coming this 28th Dec.
This is an INCREDIBLE Investment Opportunityfor NRIs. 

Offer:“Tax FREE Indian Govt Bond”(NHAI – National Highways Authority of India)
        > Allotment basis: First-come-First-get basis.
 
Features:-
+ Pre Tax Interest:
12.27% – 12.42% > HIGHER than any Fixed Deposit (FD).
+
+ Highly Secure & Guaranteed by Govt of India.
++
+  NRIs can invest on both Repatriable & non-repatriable basis (NRE & NRO account).
+++
+ Get upto 90% Loan from any Indian bank by pledging these bonds.
+++
++ Any time liquidity: Meaning you can sell them on NSE & BSE.
+++
+++ No Wealth Tax charged by the Income tax department of India.

ISSUER NHAI series 1
NHAI series 2
Issue Structure Secured NCD, Listed in NSE BSE Secured NCD, Listed in NSE BSE
Expected Issue Size Rs.5000 crores Rs.5000 crores
Credit Rating AAA by CRISIL & Care & Fitch
AAA by CRISIL & Care & Fitch
Face Value Rs.1,000/- Rs.1,000/-
Minimum Subscription 50 Bonds 50 Bonds
Tenure 10 Years 15 Years
Put & Call Option None None
Interest Rate TAX Free 8.20% pa
8.30% pa
Pre Tax Return: 33% Tax 12.27% 12.42%
Interest Payment Every year on October 01, and on respective maturity Every year on October 01, and on respective maturity
Issue Opens Dec 28th 2011 Dec 28th 2011
Issue Closes Jan 11th 2012
Jan 11th 2012
Allotment basis First-come-First-get basis.


Eligibility & Documents Required:

  1. NRIs can invest in this issue. (Both Repatriable OR Non-Repatriable Basis, through NRE or NRO account.)
  2. You can buy in a Demat form OR Physical form.
  3. PAN Number – is required.
  4. One can avail upto 90% loan of the value of the bond by pledging it to Indian banks.

>> Are you interested & need more information??
Please feel free to email us at info@nriinvestindia.com
OR
Visit: http://www.nriinvestindia.com/bonds.html for more information.

** THIS ISSUE IS OVER SUBSCRIBED in Category 1 and Category 2.
NOW ONLY Category 3 remains Open for investments LESS than 5 lacs

>> CLICK HERE TO Download e-application form for NHAI Bonds

Have a great Xmas & a Happy New Year.!!

Regards,
Team NriInvestIndia.com