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Q.

How to redeem IDFC infrastructure bonds tranche 2 ?

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1

2 Year

Comment

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0 2022-09-18T18:51:12+00:00

Hey,

If you have invested in the infrastructure bonds scheme, You must be wondering how to redeem IDFC infrastructure bonds tranche 2. Tranche 1 was the first round of investment offered by the bank. Tranche 2 is in the process right now. Keep reading to know more. 

Pay your utility bills on NoBroker and get assured cashback on every transaction. Invest your money with NoBroker in properties and get better returns in future. How to redeem IDFC long-term infrastructure bonds tranche 2?

The IDFC long-term infrastructure bonds will be redeemed on the date of maturity. You will need to submit a duly discharged bond certificate to the bank.

All the registered bondholders will need to sign the document as well. Usually, the record date for redemption is one month before the deemed date of encashment/redemption. 

You can call IDFC bank on their toll-free number and enquire about the process of redemption. The Toll-Free No is 1800 266 0404 or 1800 309 400. You can even send an email to ig@idfcfirstbank.com. You can mail the registrar of the company at einward.ris@kfintech.com

In short, you will need to contact the bank directly for the investment money after it has matured. You can check out the list of matured tranches and their maturity date on the official bank website. 

Click here to open IDFC Infrastructure Bonds websites.

You can even check out the table given below.

Sl No

Folio Code

Tranche

Series

ISIN Code

Maturity Date

1

IDA

TRANCHE 1/FY11

SERIES 1 - ANNUAL

INE092T08CC6

November 12, 2020

2

IDA

TRANCHE 1/FY11

SERIES 2 - CUMULATIVE

INE092T08CD4

November 12, 2020

3

IDA

TRANCHE 1/FY11

SERIES 3 - ANNUAL

INE092T08CE2

November 12, 2020

4

IDA

TRANCHE 1/FY11

SERIES 4 - CUMULATIVE

INE092T08CF9

November 12, 2020

5

IDB

TRANCHE 2/FY11

SERIES 1-ANNUAL

INE092T08CG7

February 21, 2021

6

IDB

TRANCHE 2/FY11

SERIES 2 - CUMULATIVE

INE092T08CH5

February 21, 2021

7

IDC 

TRANCHE 3/FY11

SERIES 1 - ANNUAL

INE092T08CI3

March 30, 2021

8

IDC 

TRANCHE 3/FY11

SERIES 2 - CUMULATIVE

INE092T08CJ1

March 30, 2021

9

IDD

TRANCHE 1/FY12

SERIES 1 - ANNUAL

INE092T08CK9

December 30, 2021

10

IDD

TRANCHE 1/FY12

SERIES 2 - CUMULATIVE

INE092T08CL7

December 30, 2021

This is all from my end on how to redeem IDFC infrastructure bonds tranche 2

Are government bonds tax free?   

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