Indian Railways Finance Corporation Limited
IRFC has launched Series VII of Capital Gain Bonds u/s 54EC of Income Tax Act, 1961 on 1st April 2022. These Bond have tenor of 5 years and the Rate of Interest for the bonds is 5.25% p.a. The issue of Series VII IRFC 54EC Bonds will remain open till 31st March 2023 or earlier at discretion of IRFC.