As you know investing in long term infrastructure bonds gives you an opportunity to save tax under section 80 CCF. This investment is excluding the regular investments under section 80 C and others. You can avail tax benefit on maximum of Rs 20,000 investment.
In this article I will try to cover all infrastructure bonds issues in FY 2011 – 2012.
Before investing, please go through the below two articles.
Should you invest in Infrastructure Bonds?
Please click on the issue name in the below table to view details of the issue.
| S.No | Bond Issuer | Name of the issue | Issue Period |
| 1 | IFCI | IFCI TAX SAVING LONG TERM INFRASTRUCTURE BONDS–SERIES III
IFCI Tax Savings Long Term Infra Bonds IV | September 21,2011To November 14, 2011
From 30th November 2011 to 8th February 2012 |
| 2 | PFC | PFC Infrastructure Bonds – Tranche I | September 29,2011To November 4, 2011 |
| 3 | IDFC | IDFC Infrastructure Bonds FY 2011 – 2012 Tranche 1 | November 21, 2011 To December 16,2011 |
| IDFC Infrastructure Bonds FY 2011 – 2012 Tranche 2 | January 11th 2012 to February 25th 2012 | ||
| 4 | REC | REC Infrastructure Bonds FY 2011 – 2012 | December 19th 2011 to February 10th 2012 |
| 5 | L&T | L&T Infrastructure Bonds FY 2011 – 2012 Tranche1 | November 25,2011 To December 24,2011 |
| L&T Infrastructure Bonds FY 2011 – 2012 Tranche2 | January 10th 2012 to February 11th 2012 | ||
| 6 | SREI | SREI Infrastructure Bonds FY 2011 – 2012 | December 31st 2011 to March 06th 2012 |
| 7 | PFS | PTC India Financial Services Limited Tax Saving Bonds | December 30th 2011 to February 29th 2012 |
All NBFCs which are eligible to float infrastructure bonds offer more or less same interest rates. Since the maximum amount on which we can avail tax benefit is Rs 20,000, I think we can just have a look at the credit rating of the issue and invest in the high quality one.
Please write about status of your applications. If you have come across any other infrastructure bond issues, please share it with us in the form of comments.
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Sathish Emmadi
Sathish Emmadi is a co-founder & editor at Lastbull.com. He is presently working in IT for one of the world’s top mutual fund companies. Handled multiple projects in BFSI (Banking,Financial Services and Insurance) domain. An Engineering Graduate from NITW.
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{ 8 comments… read them below or add one }
IDFC has opened up Infrastructure bonds between 22 Nov and Dec 14th 2011. Please suggest me as to whether this is a safe option as I understand that IDFC non-Govt firm. I come under 30% tax bracket so I can benifit from the tax savings additionally.
Dear All
pls advised and comments if i take IDFC bond on27dec 2011 and save tex this year . after 2years need money can possbile to switch this bond .
Best regards
Sanjeev Kumar
Hi Sanjeev,
That is not possible.
Hi Shashi,
You might have invested in IDFC infra bonds by now. Yes, IDFC was a good option.
Can you please suggest me between IDFC and REC
Hi Rajesh,
Personally I was in favor of IDFC.
I want to invest in Infrastructure bonds for 2011-2012, which one can I opt? Are they still give the bonds for 2011-2012 financial year?
plz advise whether any infra bond is still open for investment for getting tax benefit for current FY 2011-12