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July 26th, 2016, 04:58 PM
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Unit Trust Of India ARS Bonds
My self Praveen and want to know about Unit Trust Of India, ARS Bonds for that will you please help me? As per your concern I will let you know about Unit Trust Of India, ARS Bonds so that you can remember. Features of ARS bonds: 1. The Bonds will be called and known as ‘6.60% Tax Free ARS Bonds’. 2. The Bonds offer Tax Free interest @ 6.60 % p.a. payable half yearly. 3. Interest is payable half yearly on every 1st October and 1st April . 4. The interest income is fully exempt from income tax. 5. Tenure of the bond is 5 years. The date of allotment will be 01-04-2004 and the date of maturity will be 01-04-2009. 6. Face value of a bond is Rs.100/-. The ARS bonds will be issued in multiples of one bond. 7. The Bond is transferable and tradable in the market providing liquidity. 8. Bonds can be held by all categories of investors. For full information pleas have a look on file Unit Trust Of India, ARS Bonds Address:- Unit Trust Of India 'GN' Block, Bandra Kurla Complex Bandra (E), Mumbai - 400051. Phone:- 1800 22 1230 Last edited by Neelurk; May 11th, 2020 at 09:31 AM. |
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