Taxpayee always search for good saving as Infrastructure Bond which save Tax u/s. 80CCF and due to this We draw your attention towards IFCI Infrastructure Bond which is authorised by the Government of India's Income Tax Department to invest as Long Term Capital Gain and take benefit to save your Income Tax u/s. 80CCF of Income Tax 1961 upto Rs. 20000/- for the financial year 2011-12. IFCI has also scheduled to close Infrastructure Bond on 14th November, 2011. This Series III issue of Tax Saving Infrastructure Bond having four options for investment which are detailed given below:
| Options for Subscription | I | II | III | IV |
| Frequency of Interest Payment | Cumulative | Annual | Cumulative | Annual |
| Coupon (% p.a.) | 8.50 % p.a. | 8.50 % p.a. | 8.75 % p.a. | 8.75% p.a. |
| (Annual compounding) | (Annual compounding) | |||
| Tenor | 10 (Ten) years | 10 (Ten) years | 15 (Fifteen) years | 15 (Fifteen) years |
| Maturity Date | 12-Dec-21 | 12-Dec-21 | 12-Dec-26 | 12-Dec-26 |
| Buyback option | Yes | Yes | Yes | Yes |
Notes :
* Bonds can be applied for in physical or dematerialised form.
* The face value and issue price per bond is Rs. 5000/-
* Bond shall be listed on Bombay Stock Exchange (BSE)
* There is lock-in period of 5 years after which they can be traded/transferred.
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