Tax saving instruments

Investor Zone

Why Srei Tax Saving Infra Bonds

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The Indian economy is the fourth largest economy in the world based on the purchasing power parity. To sustain its growth rate the key drivers will be its infrastructure and infrastructure development. The Planning Commission estimates that approximately `20.5 trillion will be required in the 11th Five Year Plan. The major contributors are expected to be the electricity, telecommunication, railways roads and irrigation sectors.

Srei Infrastructure Finance Limited has in the last 22 years played an important role in providing financial products and services to players engaged in infrastructure development and construction, with particular focus on power, road, telecom, port, oil and gas & SEZ sectors in India with a medium to long term perspective.

The salient features of Srei Tax Saving Infra Bonds :

  • Up to 9.15% p.a. annualised return*
  • Tax Benefit adjusted rate of return under buy-back options (with tax benefits) range from 11.29% to 19.33% p.a.
  • Up to 9.15% p.a. annualised return*
  • Tax Benefit adjusted rate of return under buy-back options (with tax benefits) range from 11.29% to 19.33% p.a.
  • Up to 9.15% p.a. annualised return*
  • Tax Benefit adjusted rate of return under buy-back options (with tax benefits) range from 11.29% to 19.33% p.a.
  • Up to 9.15% p.a. annualised return*
  • Tax Benefit adjusted rate of return under buy-back options (with tax benefits) range from 11.29% to 19.33% p.a.
  • Up to 9.15% p.a. annualised return*
  • Tax Benefit adjusted rate of return under buy-back options (with tax benefits) range from 11.29% to 19.33% p.a.

*On a tenure of 15 years

Series1234
Face Value per Tranche 1 BondRupees 1,000Rupees 1,000Rupees 1,000Rupees 1,000
Frequency of Interest paymentAnnualAnnualAnnualAnnual
Buyback FacilityYesYesYesYes
Buyback DateOne date, being the date falling five years and one day from the Deemed Date of AllotmentOne date, being the date falling five years and one day from the Deemed Date of AllotmentOne date, being the date falling five years and one day from the Deemed Date of AllotmentOne date, being the date falling five years and one day from the Deemed Date of Allotment
Buyback Amount*Rupees1,000 per Tranche 1 Bond and accrued interest calculated from the last interest payment date to the Buyback DateRupees1,000 per Tranche 1 Bond and accrued interest calculated from the last interest payment date to the Buyback DateRupees1,000 per Tranche 1 Bond and accrued interest calculated from the last interest payment date to the Buyback DateRupees1,000 per Tranche 1 Bond and accrued interest calculated from the last interest payment date to the Buyback Date
Buyback Intimation PeriodThe period beginning not more than nine months prior to the Buyback Date and ending not later than six months prior to the Buyback DateThe period beginning not more than nine months prior to the Buyback Date and ending not later than six months prior to the Buyback DateThe period beginning not more than nine months prior to the Buyback Date and ending not later than six months prior to the Buyback DateThe period beginning not more than nine months prior to the Buyback Date and ending not later than six months prior to the Buyback Date
Interest Rate p.a. (%)8.90% p.a.8.90% p.a.8.90% p.a.8.90% p.a.
Redemption/Maturity DateOne date, being the date falling 120 months from the Deemed Date of AllotmentOne date, being the date falling 120 months from the Deemed Date of AllotmentOne date, being the date falling 120 months from the Deemed Date of Allotment2One date, being the date falling 120 months from the Deemed Date of Allotment
Maturity AmountRupees1,000 per Tranche 1 Bond and accrued interest calculated from the last interest payment date to the Maturity DateRupees1,000 per Tranche 1 Bond and accrued interest calculated from the last interest payment date to the Maturity DateRupees1,000 per Tranche 1 Bond and accrued interest calculated from the last interest payment date to the Maturity DateRupees1,000 per Tranche 1 Bond and accrued interest calculated from the last interest payment date to the Maturity Date
Yield on Maturity*8.90% p.a.8.90% p.a.8.90% p.a.8.90% p.a.
Yield on Buyback*8.90% p.a.8.90% p.a.8.90% p.a.8.90% p.a.

* The yield on the Tranche 1 Bonds(to be paid by the Issuer shall not exceed the yield on government securities of corresponding residual maturity, as reported by FIMMDA, as on the last working day of the month immediately preceding the month of the issue of the Tranche 1 Bonds.