Interest Payment Dates of Infrastructure Bonds Issued in 2011-12

This post is written by Shiv Kukreja, who is a Certified Financial Planner and runs a financial planning firm, Ojas Capital in Delhi/NCR. He can be reached at [email protected]
Tax Saving Infrastructure Bonds u/s 80CCF were in high demand last year. As many as twelve infrastructure bond issues came for subscription and many of the investors just kept seeking more information about their investments.

Now the investments are about to complete their first year and many of the investors are now wondering when they will receive the first interest payments and whom to contact in case they do not get it by the due date.

Vivek suggested the other day to write a post carrying the interest payment dates of infrastructure bonds, the same way we had it for the Tax-Free Bonds issued last financial year.

Author: vivek
Comment:
Can you please publish the various interest payment dates for various 80CCF bonds the way you have published for the Tax savings bonds? That way it would be helpful for all of us who have purchased these bonds.

Here is the table carrying the same for all of the infrastructure bonds issued last financial year, in the chronological order of their issue opening dates.

Infra Bonds in Demat Account – If you had taken these Infra Bonds in your demat account, then the company will credit the interest payment directly in your bank account which is presently linked to your demat account.

Infra Bonds in Physical Form – If you had taken these bonds in the physical form, then you must have given a cancelled cheque of your bank account along with your PAN card copy and the address proof. The company will credit the interest payment directly in the same bank account of which you gave the cancelled cheque.

If you have any query regarding any of your interest payment related issues, you can contact the respective Registrar at the contact number or the email id mentioned in the table. If, for any reason, you want to change the bank details in your investments, then also you need to contact the respective Registrar and seek the New Bank Mandate Form.

Once you are ready to send the duly filled form to change the bank details, don’t forget to attach a cancelled cheque leaf and photo ID proof along. Once the details get changed, the Registrar itself will intimate you regarding the change.

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