0% found this document useful (0 votes)
27 views

Httpssanriya - Inwp ContentuploadsREC Capital Gain Bond Product Note Process Application Form Submission Centers - PDF# Text

Uploaded by

Pallavi Dalal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
27 views

Httpssanriya - Inwp ContentuploadsREC Capital Gain Bond Product Note Process Application Form Submission Centers - PDF# Text

Uploaded by

Pallavi Dalal
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 15

A GOVERNMENT

OF NDIA
UNDERTAKING

Rural Electrification Corporation Ltd (REC)


Capital Gains 54 EC Tax Exemption Bonds

SANRIYA INVESTMENT SERVICES


www.sanriya.in
RURAL
Overview of Company ELECTRIFICATION
CORPORATION
LTD.

• REC is a Navratna company under the Ministry of Power. We fund our business with market borrowings of
various maturities, including bonds and term loans apart from foreign borrowings, on our own.
• We hold the highest credit ratings from CRISIL, ICRA, IRRPL and CARE and internationally we are rated at
par with the sovereign ratings.
• We have maintained consistent profit margins and paid dividends each year since fiscal 1998.
• We have thus propelled ourselves to a net worth of over ₹40,000 crore.
• We have also been entrusted with the responsibility of being the coordinating agency for rolling out UDAY
(Ujwal Discom Assurance Yojana) which seeks to operationally reform and financially turnaround the power
distribution companies of the country.
• Our two subsidiaries – RECPDCL (REC Power Distribution Company Limited) and RECTPCL (REC
Transmission Project Company Limited) work in tandem with us to realise our shared mission by providing
consultancy services in Distribution and Transmission sectors.
• We take due cognizance of the fact that we owe our stupendous success to our customers, the unflinching
commitment of our employees and our countrywide presence through 22 state offices which ensures easy
accessibility.
• Having bolstered our share in the country’s total power capacity, we are poised to help build a sound
infrastructure to provide affordable, accessible and sustainable power.

SANRIYA INVESTMENTS | www.sanriya.in | Contact for Investment : 9175 193456 / 9175 937625
RURAL
Capital Gain Bond Issue Details ELECTRIFICATION
CORPORATION
LTD.

Type REC Capital Gain Tax Exemption Bonds – Series XVI 2022-23
Lock-in-period 5 Years from Deemed Date of Allotment
5% p.a, payable annually on 30th June of each year, Interest payment will be
Coupon (% p.a.)/ Interest Rate / Payable
made by NECS/At Par Cheque/Demand Drafts
Issue Opens on and Closes on 01.04.2022 and 31.03.2023
‘CRISIL AAA Stable’ by CRISIL, ‘CARE AAA’ by CARE, ‘IND AAA’ by India
Credit Rating
Ratings & Research Private Ltd, ICRA AAA’ by ICRA Limited
Face Value / Issue Price/ Minimum Investment Rs. 10,000/- per Bond / Minimum Investment Rs. 20,000/-
Maximum Investment Rs. 500 Bonds of Rs. 10,000/- each in a financial year.
Maturity / Redemption AMT (Rs. Per bond) Bonds will be automatically redeemed on maturity, without the surrender of Bond
Certificate(s) and the proceeds would be paid by cheque or NECS/ECS.
TDS / Tax Benefit:/Taxation Interest Taxable, Income Tax Act 1961 and TDS will not be deducted.
Mode of Subscription: 100% on application.
The Bonds are non-transferable, non-negotiable and can not be Offered as a
Transferability
security for any loan or advance.
Cheque / Draft to be drawn in the name of “REC Ltd – 54EC Bonds” or “Rural Electrification Corporation Limited –
54EC Bonds”

Demat account is not mandatory, if you don’t have demat a/c, then you will
Do I need Demat Account?
receive physical bond certificate like your Fixed Deposit.
Do I need to open new bank a/c from application
No, cheque of your existing bank account of any bank will work for investments
accepting bank?

SANRIYA INVESTMENTS | www.sanriya.in | Contact for Investment : 9175 193456 / 9175 937625
RURAL
How to buy REC Capital Gain Bonds? ELECTRIFICATION
CORPORATION
LTD.

REC Capital Gain Bonds are


available to buy. Visit
https://sanriya.in/bonds/ for
more information.

Select the desired Bond by


clicking on its name. It will take
you to the REC Capital Gain
Bonds web page.

SANRIYA INVESTMENTS | www.sanriya.in | Contact for Investment : 9175 193456 / 9175 937625
RURAL
Capital Gain Bond Issue Details on web page ELECTRIFICATION
CORPORATION
LTD.

You will be able to find all details


related to REC Capital Gain Bond:
1] Details
2] Application form
3] Copy of filled sample application
form
4] Application form submission
centres at your city or location
5] Who can invest?
6] What documents required?
7] RTGS Details
8] Contact details for any changes
or updation.
9] Link to check application status
10] FAQs

SANRIYA INVESTMENTS | www.sanriya.in | Contact for Investment : 9175 193456 / 9175 937625
RURAL
How to apply? Application Process ELECTRIFICATION
CORPORATION
LTD.

How do you apply? What is the process to follow?

Click here to refer details of REC Capital Gain Bond

Click below to download REC Capital Gain Bond Application form 2022-23 Application Form

Click here to download REC Capital Gain Bond Application form 2022-23
Click here to find filled sample REC Capital Gain Bond Application Form to refer and avoid mistakes
1) Take a print-out of the Application Form on A4 paper size. (Application forms are not available at deposition centres; you must
carry your own printed form.)
2) Attach the following documents to the application form: –
a. Self-attested photocopy of the applicant’s PAN card
b. Self-attested Aadhar Card and Address Proof Photo Copy
c. One Cancelled Cheque (for ECS/RTGS/NEFT payment of Interest/Maturity Amount.)
d. Cheque or DD (payable in Pune) made payable to “REC Ltd – 54EC Bonds” or “Rural Electrification
Corporation Limited – 54EC Bonds”
e. In case, if payment is by RTGS / NEFT, then submit UTRN Transaction ID slip issued by Bank.
f. In case, if you need Bond allotment in Demat mode, kindly submit self attested Client Master List (CML).

SANRIYA INVESTMENTS | www.sanriya.in | Contact for Investment : 9175 193456 / 9175 937625
RURAL
How to apply? Application Process ELECTRIFICATION
CORPORATION
LTD.

4) Keep a copy of your application form for your records.


5) Please send us an image / softcopy / photocopy of your application on what app (no. 9175 193456 / 9175 937625)
before submitting it to see whether something is wrong or needs to be corrected. (we will update you.)
5) Submit/deposit your application form at any of the Listed/Designated Bank branches. (See the list on https://sanriya.in/rec-
capital-gains-bond-application-form/ and search for your city.)
6) You should carry properly filled application form to the submission centers; submission centers only accept forms and provide
acknowledgment.
7) The Acknowledgement copy will suffice your taxation purpose.
8) If your location is not included in the list below, you must send the Application Form along with the above documents to the
following address by registered post or courier: :-
Sanriya Investment Services
Kamdhenu, 2nd Floor, Opp. Prakash Bhavan,
Next to Bank of Baroda, Near Chattushringi Temple,
above Tribes India, Senapati Bapat Rd, Shivajinagar,
Pune, Maharashtra 411016, Mobile No: 9175 193456, 9175 937625
We will notify you upon receipt of your submission form, verify everything and update you accordingly if anything is pending, submit
your form, and we will send you an acknowledgment.

SANRIYA INVESTMENTS | www.sanriya.in | Contact for Investment : 9175 193456 / 9175 937625
RURAL
How to apply? Application Process ELECTRIFICATION
CORPORATION
LTD.

9) Bond Certificate/ Letter of Allotment:-REC will issue the Bond Certificates within 2 months from the deemed date of allotment or
such extended period as may be decided by REC.
10) To record and track the status/allotment of your application form, send us the image / soft copy / photocopy on Mobile No
9175 193456 / 9175 937625 (WhatsApp)
11) Frequently Asked Questions related to REC Capital Gain Bonds Investments are also available on web page www.sanriya.in
12) Broker Code: SSL-014 - SBICap, Sub Broker Code: 7350200256 should be entered as the broker code.

SANRIYA INVESTMENTS | www.sanriya.in | Contact for Investment : 9175 193456 / 9175 937625
RURAL
Who can apply? ELECTRIFICATION
CORPORATION
LTD.

➢ Individuals ➢ Financial Institutions (FIs)

➢ Hindu Undivided Families (HUF) ➢ Foreign Portfolio Investors (Subject to existing


regulations)
➢ Partnership firm
➢ Regional Rural Banks
➢ Insurance Companies
➢ NRIs/other foreign eligible investor investing out of
➢ Companies and Body Corporates
NRO A/c on non-repatriable basis
➢ Provident Funds, Superannuation Funds and Gratuity
➢ Co-operative Banks
Funds
➢ Limited liability Partnership
➢ Banks

➢ Mutual Funds

SANRIYA INVESTMENTS | www.sanriya.in | Contact for Investment : 9175 193456 / 9175 937625
RURAL
Documents Required to Invest ELECTRIFICATION
CORPORATION
LTD.

I. For Resident Indian Nationals: II. For NRIs / Other foreign eligible investor
A. PAN Card a) Passport-Mandatory
B. Documents in support of Name and Address (copies Self b) PAN Card
Attested in case of Individual, ANY ONE) c. Indian Address Proof
a) Aadhaar Card d.Overseas address proof.

b) Passport e] NRO Bank A/c Cheque.


c) Driving License
d) Identify Card issued by any institution
e) Copy of the electricity bill or telephone bill showing residential
address
f) Any document or communication issued by any authority of the
Central Government, State Government or local bodies showing
residential address
g) Voters Identity Card
h) Ration Card
i) Bank A/c Statement

SANRIYA INVESTMENTS | www.sanriya.in | Contact for Investment : 9175 193456 / 9175 937625
Documents Required to Invest
RURAL
ELECTRIFICATION
CORPORATION
LTD.

III. For Corporate-Investor


Documents in support (copies attested by Company Secretary/Director)
a) Certificate of Incorporation and Memorandum & Articles of Association
b) Resolution of the Board of Directors and identification of those who have authority to operate
c) Power of Attorney granted to its managers, officers or employees to transact business, on its behalf
d) Copy of PAN / PAN Allotment letter.

IV. For Partnership Firms-Investor


Documents in support (copies attested by Notary)
a) Registration certificate, if registered
b) Partnership deed
c) Power of Attorney granted to a partner or an employee of the firm to transact business on its behalf
d) Any officially valid document identifying the partners and the persons holding the Power of Attorney and their addresses
e) Telephone bill in the name of firm/partners

V. Trust & Foundations-Investor


Documents in support (copies attested by Notary)
a) Certificate of registration, if registered
b) Power of Attorney granted to transact business on its behalf
c)Any officially valid document to identify the Trustees, Settlors, Beneficiaries and those holding Power of Attorney, Founders/
Managers/ Directors and their addresses
d) Resolution of the managing body of the Foundation/Association
e) Telephone bill
f) Copy of PAN/PAN Allotment letter (otherwise exemption certificate issued by IT Authorities)

SANRIYA INVESTMENTS | www.sanriya.in | Contact for Investment : 9175 193456 / 9175 937625
RURAL
RTGS/ NEFT Details for Payments 2022-23 ELECTRIFICATION
CORPORATION
LTD.

Investors can directly deposit the amount in the REC’s Collection Account by way of NEFT/RTGS and submit the original
application form along with necessary documents in to the particular bank branch in your Location (collecting Bank on same day)
along with UTRN / Payment details and Bank Statement. Beneficiary Name : REC Capital Gain Bonds

Bank A/c No IFSC Code MICR Code Branch


HDFC Bank 00030350000584 HDFC0000003 110240001 G – 3/4 , 19 K G Marg, Surya Kiran Building, New Delhi – 110001.

SANRIYA INVESTMENTS | www.sanriya.in | Contact for Investment : 9175 193456 / 9175 937625
For status of your application, Interest – maturity payment, RURAL
ELECTRIFICATION

investors details changes, death claim etc. CORPORATION


LTD.

For Status of your Application, interest, maturity payment, name / bank change, bond certificate, death claim by
nominee etc. contact the Registrar & Transfer Agent of issue :-

Kfin Technologies Private Limited.


Selenium Tower B, Plot 31-32, Gachibowli, Financial District,
Nanakramguda, Serilingampally, Hyderabad, Rangareddy,
Telangana- 500 032.

Contact Person : Mr. KVS Gopala Krishna, K V S


Telephone: +91 40 6716 2222 / 1659 / 1751
Toll Free No.: 1800-345-4001
Fax : +91 40 2343 1551/0814,
Email : [email protected]
[email protected]
[email protected]

Click Here to check your REC Capital Gain Bonds Application Form status online

SANRIYA INVESTMENTS | www.sanriya.in | Contact for Investment : 9175 193456 / 9175 937625
RURAL
ELECTRIFICATION
Contact for investments in PFC Capital Gains Bonds. CORPORATION
LTD.

Sanriya Investment Services.


Kamdhenu, 2nd Floor, Opp. Prakash (MSEB Office)
Bhavan, Next to Bank of Baroda, Near Chattushringi
Temple, above Tribes India, Senapati Bapat Road,
Shivajinagar, Pune, Maharashtra 411016 India.
Mobile: 9175 193456 | 9175 937625
Email: [email protected]
Website : www.sanriya.in

SANRIYA INVESTMENTS | www.sanriya.in | Contact for Investment : 9175 193456 / 9175 937625
Disclaimer RURAL
ELECTRIFICATION
CORPORATION
LTD.

This document prepared by the Sanriya Investments is based on the request of the client, which is strictly private, confidential and intended only for the reference of the requesting client. It is intended
as an information guide for assistance purpose only and shall not be considered as the sole basis for any investment or dis-investment decision. Nothing herein is intended to be construed as financial
planning, investment advice, or expert financial advice to deal in any securities or investment products, on the portfolio of the client, in any manner whatsoever. The document contains information
and input data either entered directly by the client or shared with Sanriya or Sanriya investments staff for requesting a consolidated overview of the client's portfolio at family/group level spread across
different assets and products. There is NO guarantee that the investment preference displayed herein will fetch desired performance results. Neither the name of this document nor anything contained
herein is intended to render any advice on the entire portfolio of the client. A mutual fund scheme is not a deposit product and is not an obligation of or guaranteed, or insured by the mutual fund or its
asset managers. The client acknowledges that the prices and net asset values of the mutual fund schemes are subject to fluctuation based on the factors and the forces affecting the capital markets.
Past performance of the sponsors, mutual funds or their affiliates do not indicate or guarantee the future performance of any scheme in any manner and historical performance, when presented, is purely
for reference purposes. Please read the offer document, scheme information documents carefully before investing. No part of this document shall be considered as making any guarantee for any
fund performance nor viewed as an assessment of a fund or the fund’s underlying securities' creditworthiness. Santosh Kedari is an AMFI registered mutual fund distributor, stock broker and depository
participant interalia other businesses. The Staff or sub-distributor of Sanriya Investments who is also an AMFI registered mutual fund distributor. Kindly visit www.sanriya.in for more details.
S. Kedari and Sanriya Investments staffs and/or any officers, employees, associates, do not make any guarantees or warranties whatsoever expressed or implied regarding the completeness,
accuracy, timeliness, appropriateness, adequacy, applicability, fullness, reliability, functionality, practicality, suitability, etc and/or the reliability of the information, methodologies, statistics, assumptions
(economic, financial, market, personal, etc), statements, opinions, projections and materials contained or expressed in the document or for the results obtained or for any decisions
made, direct or consequential, from the use of information, statistics, assumptions, statements, opinions and projections. All clients, recipients are strongly advised to exercise due caution and/or verify
the contents, statements, projections, etc. and/or seek independent professional advice before making any investment or any other decision based anything contained expressed or implied in this
document. This page is an integral part of the document generated by Sanriya Investment Services. This investment proposal is prepared on request of the client for general information and reference
purpose. It aims to demonstrate a proposal considering the client's investment objective and investment preferences designed on the basis of basic information provided by the client. We are very
thankful to the client for giving us this opportunity for assisting by issuing this proposal. The proposal is purely on non-binding basis and the client is absolutely free to accept or reject the proposal. We
would appreciate to address any query in this behalf and provide the client with further assistance for seamless and smooth execution of the proposal. The client is free to seek opinion of the
investment and taxation expert for taking investment decisions. Kindly note that nothing herein constitutes any representation with respect to the suitability, completeness, correctness, accuracy,
fitness and appropriateness of any securities or investment products and all preferences are subject to applicable assumptions, risk factors and disclaimers, which may or may not be listed herein.
Nothing herein shall be construed as an advice or solicitation to deal in any securities or investment products. The proposal has been prepared by a certified mutual fund distributor. The investments
discussed or views expressed may not be suitable for all investors. Customers should use this information at their own risk. Sanriya shall not be held responsible for any direct or indirect loss caused
by relying on this information. You should consult your own tax, legal and accounting advisors before engaging in any transactions. Some investments discussed in this report have a high level of
volatility. High volatility investments may experience sudden and large falls in their value causing losses when the investment is realized. Some investments may not be readily realizable and it may be
difficult to sell or realize those investments, similarly it may prove difficult for you to obtain reliable information about the value, risks to which such an investment is exposed. Any change or amendment in
the credit rating or financial stability of the Company may impact the financial creditability of the instruments. Those losses may equal your original investment. Any information or data made available
may contain inaccuracies and/or typographical errors. Before opening any attachments please check them for viruses and defects. Mutual funds and securities investments are subject to market risks
and there is no assurance or guarantee that the objectives of the Scheme will be achieved. You agree that S.Kedari, Sanriya Investment Services and its directors, officers, employees, agents, sponsors,
consultants, business partners or other representatives (‘service providers’) shall not be responsible or liable for any direct, indirect, incidental, consequential, special, exemplary, punitive or any other
damages (including without limitation loss of profits, loss or corruption of data, loss of goodwill, work stoppage, computer failure or malfunction, or interruption of business) under any contract,
negligence, strict liability or other theory arising out of or relating in any way with the use of the website or in reliance of the information available on the website, website-related services, or any
products or services offered or sold or displayed on this website or by any other means of communication made available to you by Sanriya Investment Services.

SANRIYA INVESTMENTS | www.sanriya.in | Contact for Investment : 9175 193456 / 9175 937625

You might also like