All about 54 EC Bonds

Product Highlights :

Issue Capital Gains Tax Exemption Bonds – Series XVIII
Credit Rating ‘ICRA AAA’ by ICRA Limited.
‘CARE AAA’ Stable/ CARE A1+ by Care Rating Limited.
'CRISIL AAA/Stable' by CRISIL Limited.
Face Value ₹ 10,000/- per bond
Issue Price ₹ 10,000/- per bond
Coupon Rate 5.25% annually
Minimum Application Size Two Bonds of ₹ 10,000/- each. (i.e. Minimum ₹ 20,000)
Maximum Application Size 500 Bonds of ₹ 10,000/- each in a financial year
Interest Payment & Date Annually on June 30 of each year
Tenor 5 years/60 months from the deemed date of allotment.

Why 54EC REC Bonds?
  • Popular investment instruments to claim tax exemption on long term capital gains. Benefit of investing would be available on sale of land or building (residential or commercial).
  • 100% Risk free investment.
Provision of 54EC
  • The holding period for these bonds is 3 years for bonds issued on/before April 1, 2018 and 5 years for these bonds, if issued on/after April 1, 2018. 
  • Interest on 54EC bonds is taxable and is earned annually.
  • 54EC bonds are non-transferrable.
1. Can we apply online?
2. How do we apply offline?
3. Where do we have to submit the application?
4. How can I check the status of my application?
5. What are the benefits of opening a holding certificate in a demat mode instead of physical mode?