A tax payer who wishes to claim the exemption from long-term capital gains has to invest the amount in the capital gains bonds within six months from the date of booking Capital Gains. It is possible by investing the capital gain amount in specific bonds, also called as Capital Gains Bonds. This benefit is available under section 54-EC of the Income Tax Act, 1961 (‘the Act’) up to a limit of Rs 50 Lakh in a single financial year. These instruments are not only capital protected instruments, but they also provide a steady stream of income to you. At you can invest in Capital Gain Bonds. We provide you the necessary support to make investing in these products easier. We market Bonds of various companies, as and when they are issued , available to you for investments.


Power Finance Corporation (PFC) had launched Series III of Capital Gain Bonds u/s 54EC of Income Tax Act, 1961 on 1st April 2019. These Bond have tenor of 5 years and the Rate of Interest for the bonds is 5.75% p.a.. The issue of Series III PFC 54EC Bonds will remain open till 31st March 2020.These Bond have tenor of 5 years and the Rate of Interest for the bonds is 5.75% p.a.. The issue of Series III PFC 54EC Bonds will remain open till 31st March 2020.
Further details like Information Memorandum, Issue Highlights, Application Forms, Details for RTGS / NEFT payments, Details of Collection Bankers, etc. have been made available on PFC's website / (direct link).
Click Here for Application Form
REC Long term bond (under sec 54 EC)

It is hereby informed that REC has launched a New Series –XIII of 54EC CGTE Bonds from April 16, 2019. The two important changes in the current series from the previous series XII are as follows:-
Rate of Interest
The interest rate of the Bonds is 5.75% pa w.e.f 16.04.2019
The tenor of the Bonds will be of 60 Months and Bonds will be automatically matured at the end of 60 months from the deemed date of allotment.
For further information, investors may refer IM and other details at
Click Here for Application Form
Indian Railways Finance Corporation Limited

  Guidlines: Please select following option to download the form.
Application Thru
Broker Code
Click Here for more details on IRFC Capital Gain Bonds
Click Here to download IRFC Forms
National Highways Authority of India (NHAI)

  Highlights of NHAI are given below :-
Credit Rating
“Highest credit rating i.e. CARE AAA/Stable by CARE Ltd, CRISIL AAA/Stable by CRISIL Ltd & IND AAA/Stable by India Rating (Fitch)
Face Value
Rs. 10000/- per Bond
Issue price
Rs. 10000/- per Bond
Minimum application size
One Bond of Rs. 10,000/-
Maximum application size
500 Bonds of Rs.10,000/- each (Rs.50,00,000) subject to fulfillment of other conditions as specified in Income Tax Act 1961. As per the provision of sub-section (1) of section 54EC by the Finance (No. 2) Act, 2014, (w.e.f. 1-4-2015) “ provided further that the investment made by an assessee in the long-term specified asset, from capital gains arising from transfer of one or more original assets, during the financial year in which the original asset or assets are transferred and in the subsequent financial year does not exceed fifty lakh rupees” Note: As a result of the amendment the tenure of the Bonds have been increased to 5 years in place of three years and long term capital gains arising land or building or both shall only qualify to be invested in these bonds after April 1, 2018.
Size of the Issue
Rs.5,000 Crore
Mode of Subscription
100% on application
Deemed Date of Allotment
Last day of the month during which the application amount has been cleared and credited to NHAI’s collection account
The Bonds are non-transferable, non-negotiable and cannot be Offered as a security for any loan or advance
At par, 5 years from Deemed Date of Allotment
Interest payment
Annually On 1st April and Final Interest at the time of Maturity
Coupon rate
5.75% payable annually.
Bullet, at the time of Maturity i.e. 5 years
M/s Beacon Trusteeship Ltd, 4C & D Siddhivinayak Chambers, Gandhi Nagar, Opp. MIG Cricket Club, Bandra (East) Mumbai – 400 051
M/s Bigshare Services Pvt. Ltd 302, Kushal Bazar, 32-33, Nehru Place, New Delhi-110019 Tel :011-42425004 / 47565852 E.Mail,
Closure of Issue
The application can be submitted to all our existing bankers i.e. any branch of Union Bank of India & HDFC Bank and specified branches of Axis Bank, Canara Bank, ICICI Bank, IDBI Bank Ltd & Syndicate Bank as listed in Information Memorandum dated 01 April 2019
Click Here to download NHAI Forms