POSTED BY December 22, 2010 4:44 pm COMMENTS (4)ON
Dear All Members
I know that, Any individual or HUF can invest in LIC’s Infrastructure Bonds Between Rs.5000 – Rs.20,000/- This will be over the Rs.1 lakh deduction allowed under Section 80C, But dont know from where to buy it.
Please tell me How to purchase Infrastructure Bonds & from Where ?
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4 replies on this article “How & From where to Buy Infrastructure bond ?”
If you have online trading account with ICICIDirect then you can buy online in DEMAT form.
There is also option to personally visit designated bank branches and submit the application and cheque.
Hope this answers your query.
Hello Atul ji
Thanks for your reply. But sir, i don’t have ICICI Demat Account but have Demat account in Acist C. Meheta & India Bulls . Can i purchase from these Account.
Is there any other way to buy these Infra Structure Bonds Please give your valuable suggestion.
How does one compare between the various Infrastructure bonds offered (example – LIC, IFCI, and IDFC)? All these bonds offer the same rate of interest and are tradeable on the exchange. So the confusion is how to choose one over the other.
Currently IFCI infrastructure bond series II is going on and you can invest in that which is giving better interest than the L&T and IDFC infra bonds. The last date for the same is 31/12/2010.