Features of PFC

We are happy to inform you about a unique opportunity of Tax Free Bonds offered by Government of India's (GoI) undertaking Power Finance Corporation Ltd. (PFC) totaling to Rs. 5,000 crores (app. US$ 1 bn) is annouced. For a long time, Non-Resident Indians (NRIs) were restricted from investing in Reserve Bank of India's (RBI) taxable / tax-free bonds and hence this opportunity of investment is unique particularly for NRIs.

Salient features of PFC's TAX FREE BONDS offer are :-
 

.01 PFC is a Nav-Ratna Government of India undertaking.

.02 Capital of PFC

:-  Rs. 4,033 crores with gross NPA ratio as low as 0.22%.

.03 Bonds Issue size        

:-  Rs. 5,000 crores (app. US$ 1bn).

.04 Credit rating                 

:-  CRISIL & ICRA - all ratings "AAA".

.05 Tenure                          

:-  10 years / 15 years - however transferable after allotment through demat account. 

.06 Proposed  listing         

:-  Bombay Stock Exchange (BSE) .

.07 Interest                         

:-  8.20% per year for 10 years and 8.30% per year for 15 years. We suggest you to invest for 15 years.

.08 Minimum application 

:-  Rs. 10,000 (10 Bonds), in multiple of Rs. 5,000  (5 Bonds).

.09 Investment Bank A/c. 

:-  Non Resident External (NRE) account for repatriation basis and

 

    Non Resident Ordinary (NRO) for non repatriation basis.

.10 Taxation                       

:-  Exempt from Income Tax in India no Wealth Tax or Gift Tax too.

.11 Holding                        

:-  Jointly upto three applicant NRIs.        

.12 Nominee                     

:-  NRI or resident Nominee can be appointed.

.13 Signature                    

:-  Self or Power of Attorney (attested copy necessary).

.14 Loan / Lien

:-  Investors can avail loan against bonds and and a lien / charge can be created on the bonds.

.15 Issue Date

:-  30th December on 1st come basis till oversubscription.
.16 LINK :-  http://www.femaonline.com/femademo.php?id=11
.17  DOWNLOADING PROCEDURE

:-  .01   Click on - Download Application.

.02  To avail  / take a physical print out  of the following , please follow the instructions mentioned herein:-

i.     Click on  -  Select issue and select PFC from the drop down menu;

ii.    Click on  -  With Code

iii.   Click on  -  Select No. of Forms and select it from drop down menu as 1, 2 or as desired)

iv.   Click on  -  

Get Forms 

vi.   Click on  -  Download Form No. 1

v.    Please take a print out.

vi.   For guidance, you can view a specimen copy of filled form on our website at http://www.femaonline.com/femademo.php?id=15
 

HNI - CLOSED
 

Notes Download Application

Specimen Application

for Guidance

 Contact us for Application

 
 
Dear Friends,
 

Good wishes.   We are happy to inform you that the application form of Power Finance Corporation Ltd. (PFC)  tax-free bonds are now available.  We are forwarding details for downloading the forms from our website with our Agent Code 991172.  The link for downloading the forms is provided herein:-

 

1.   LINK    :-   http://www.femaonline.com/femademo.php?id=11

 

2.   DOWNLOADING PROCDURE :  

.01   Click on  -  Download Application.

.02   To avail / take a physical print out  of the following , please follow the instructions mentioned herein:-

i.      Click on  -  Select issue and select PFC from the drop down menu;

ii.     Click on  -  With Code

iii.    Click on  -  Select No. of Forms and select it from drop down menu as 1, 2 or as desired)

iv.    Click on  - 

vi.    Click on  -  Download Form No. 1

v.     Please take a print out.

vi.    For guidance, you can view a specimen copy of filled form on our website at http://www.femaonline.com/femademo.php?id=15

 

3.   Self Attested Documents required to be submitted are :-

.01  Driving License OR    Electricity Bill    OR   Landline telephone bill  OR  Latest Bank Statement showing name and address.

.02  Self-attested photocopy of cancelled cheque of NRE / NRO account.

.03  Self-attested copy of PAN card.

.04  For NRI / PIO - original cheque of NRE / NRO account of application amount favouring “PFC Tax Free Bonds-NRI Escrow Account” .

.05  For resident applicant  OR non NRI/FII - original cheque of Bank account of application amount favouring “PFC Tax Free Bonds-Escrow Account”.

.06  If the cheque does not mention First Applicant's name and NRE or NRO Account No. on the face of the cheque, then copy of  latest bank statement mentioning Name of First Applicant  AND  NRE / NRO Account No.is compulsory.

 

4.   Cheque / DD should be "A/C Payee only ". 

 

5.   Please write on back of the cheque:- First Applicant's Name in full;   Application Number and  Telephone Number with overseas country code.

 

6.   Please retain a photocopy of application form and cheque and if found appropriate forward the same to us by email.

 

7.   Please courier the said documents in original to

      Mr.  Hemant Tiwari,

      Relationship Manager, 

      A. K. Stockmart Pvt. Ltd.

      30-39, Free Press House, 3rd Floor, 
      Free Press Journal Marg,

      Nariman Point,

      Mumbai 400 021, India;

      Tel. (B) +91-22-6754 6500 Ext. 759 (M): +91-9271213638.

      [ A/c Keynote Consultancy ]

 

8.   Please forward the courier details such as Consignment Note No., date etc. whereupn we will track the courier.

 

9.   Please send the documents preferably by Wednesday 28th December 2011 so as to reach by Friday the 30th December 2011 as the issue may close by 31st December 2011.

 

10.   For details of filled up form, you can view a specimen copy of filled up form together with cheque and specimen filled up cheque on our website at  http://www.femaonline.com/femademo.php?id=15

 

Happy Investments.

 

With regards.

 

Sincerely.

 

RAJESH H DHRUVA
Chief Executive
femaonline.com

 

 

 

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