We understand your need to invest your hard earned money into safer investment instruments. These instruments are not only capital protected instruments, but they also provide a steady stream of income to you. At IDBI Paisabuilder you can invest in these fixed income products such as, Mutual Funds, Bonds, and Company Fixed Deposits. We also provide you the necessary support to make investing in these products easier. Necessary assistance is also provided for redemption and other formalities.
Government Bonds
You can invest in the following bonds for tax saving as well as investment purposes. Bonds of various companies, as and when they are issued, will also be made available to you for investments.
NABARD Bonds - NABARD (National Bank for Agriculture & Rural Development) Bhavishya Nirman Bond 2010* is an assured, Zero coupon Bond of 10 year duration. With a face value of Rs 20,000 / this bond is available for subscription at Rs 9,500/-. Min 5 Bonds need to be purchased by investor.
To know more about the NABARD Bonds offered by usclick
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REC Bonds - Rural Electrification Corporation (REC) are infrastructure bonds, which along with infrastructure bonds issued by National Highways Authority of India (NHAI), come under Section 54EC of the Income Tax Act. The Section allows tax exemption from capital gains if long term capital gains are invested in these bonds.
NHAI Bonds - National Highways Authority of India (NHAI) bonds are 3 years tax-free bonds that qualify for income tax exemption. These bonds are non-negotiable and can not be pledged as a security to seek any loan.