L&T Infra, for the second year running has come out with the long term Infrastructure Bonds. This tax-saving bond facilitates to invest indirectly on a long term basis, in infrastructure projects across the country. By investing in L&T Infra 2011B Bond Series, investors can save tax and earn an annual interest rate of 9%.
The 2011B series provides investors buyback options at the end of 5 years and 7 years. In addition to this, 2011B Bond Series provides investors the option of holding the bonds in Physical or Demat form.
The bonds has been rated AA+ by ICRA AND CARE.
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