Financial Planning

TAX FREE BONDS FOR 10 & 15 YEARS OPEN FOR SUBSCRIPTION - INTEREST PAYABLE YEARLY ISSUER RATING OPENING DATE CLOSING DATE RATE 10 YEAR 15 YEAR Power Finance Corporation Ltd. CRISIL AAA 18th Feb 15th March 7.38% 7.54% Indian Railway Finance Corporation CRISIL AAA 25th Feb 13th March 7.38% 7.54% REC(Rural Electrification Corp.) CRISIL AAA 25th Feb 15th March 7.38% 7.54% HUDCO (Housing & Urban Dev. Corp Ltd CARE AA+ 21st Feb 15th March 7.53% 7.69%

PPF (PUBLIC PROVIDENT FUND) •       Eligibility- Individuals, individuals on behalf of minor •       Min- Rs 500 per annum in multiples of 5 •       Max- Rs 1,50,000- per annum •       Duration- 15 years, can be extended for one or more blocks of 5 years. •       Account can be discontinued but the repayment of subscription and interest will    happen only after 15 years. •      Rate of Interest – 8.70% pa, credited in the account on the 31st of march and calculated on the minimum balance between 5th Day and the end of the month. •       Loans – During the third to sixth year the account holder can avail the facility of loan of an amount not exceeding 25% of the balance standing to his credit at the end of the second financial year immediately preceding the...