rupeshkanabar@gmail.
com
Infrastructure Bonds
Investment: Infrastructure bonds issued by banks like ICICI Bank and IDBI.
Returns: Returns are fixed and in the range of 5-6% per annum.
Eligibility: Individuals
Tax benefits: 80C
Limit on investment: Up to Rs.1 lakh.
Withdrawal: Interest is Taxed
Premature withdrawal: Minimum lock-in of 3 years.
1/16/2009 Infrastructure Bonds Page 1 of 1
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