HUDCO NCD (Tax Free Bonds) with CARE AA+ and IRRPL AA+ Ratings, Delhi September 17, 2013

Housing and Urban Development Corporation (HUDCO) launched its public issue of tax- free bonds from which you can get Interest Free Income up to Rs. 87600/- P.A With HUDCO Tax Free Bonds.

Face value & Issue price of each bond is Rs 1,000. The bonds will be listed on the BSE. You can invest with a minimum application of Rs. 5000 & In Multiples of Rs. 1000 for further.

HUDCO has launched its tax-free bond with a Issue Size - Rs. 750 cr (Base Issue Size) with option to retain oversubscription upto the shelf limit (being Rs. 4809.20 cr)

The coupon rate for qualified institutional buyers (QIB), corporate, high-net worth individuals has been fixed at 8.14 % per annum for 10 years, 8.51% per annum for 15 years and 8.49 % per annum for 20 years.

For Retail Investor – 8.39% per annum for 10 years, 8.76% per annum for 15 years and 8.74% per annum for 20 years.

Foreign institutional investors and Non-resident Indians can also invest in the tax free bond issue.

HUDCO NCDs are not subjected to TDS. HUDCO NCDs are safer than other investments. HUDCO NCDs are in both physical and demat forms.

For more information you can mail us at marcom@elitewealth.in or you can call us 011-40000919/09650901058

Elite Wealth Advisors Ltd. Established in 1990, is a well – diversified, financial service company focused on wealth creation for all its investors such as Institutional, HNI, NRI, and retail customers based on creative value.- investing ideas.

We deal in *Stock Market
*insurance
*Real Estate(Sell,Buy)
*Fixed Deposit
*Mutual Funds
*Home Loan
*New Pension Plan
Actually we believe in quality. That’s why our tagline is
“Make Your Money Work For You ”.
Just call us if you are interested in any of the product @011-40000919 ,09650901058

S-8, DDA Shopping Complex
Mayur Vihar Phase -1
Delhi-110091

This release was published on openPR.